Ondas CFO granted 500,000 RSUs
LAIRD NEIL J reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
LAIRD NEIL J reported acquisition or exercise transactions in this Form 4 filing.
Ondas Inc. reported that CFO and Treasurer Neil J. Laird received a grant of 500,000 Restricted Stock Units (RSUs) tied to the company’s common stock. Each RSU represents the right to receive one share with no purchase price.
The award vests over time: 50% on June 1, 2027, with the remaining 50% vesting in four equal quarterly installments, as long as he continues providing services to the company on each vesting date. All granted RSUs will vest in full immediately if a change in control occurs.
Insider Trade Summary
Grant/Award: 500,000 shares
Grant/Award
1 txn
Insider
LAIRD NEIL J
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 500,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 500,000 contracts (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Ondas Inc. (the "Company") common stock, par value $0.0001 per share.
- F2. These RSUs vest (i) 50% on June 1, 2027, and (ii) subsequently the remaining 50% in four (4) equal quarterly installments, provided that the reporting person is an employee providing services to the Company on the applicable vesting dates. All RSUs granted to the reporting person shall vest in full immediately upon a change in control.
Key Figures
RSUs granted: 500,000 RSUs
Underlying shares: 500,000 shares
Initial vesting: 50% of RSUs
+1 more
4 metrics
RSUs granted
500,000 RSUs
Grant to CFO Neil J. Laird on June 1, 2026
Underlying shares
500,000 shares
Each RSU equals one Ondas common share
Initial vesting
50% of RSUs
Vests on June 1, 2027, subject to continued service
Remaining vesting
50% of RSUs
Vests in four equal quarterly installments after June 1, 2027
Key Terms
Restricted Stock Units, vesting, change in control, par value
4 terms
Restricted Stock Units financial
"CFO and Treasurer Neil J. Laird received a grant of 500,000 Restricted Stock Units (RSUs)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"These RSUs vest 50% on June 1, 2027, and subsequently the remaining 50% in four equal quarterly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
change in control financial
"All RSUs granted to the reporting person shall vest in full immediately upon a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
par value financial
"one share of Ondas Inc. common stock, par value $0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ondas (ONDS) disclose about CFO Neil Laird’s equity grant?
Ondas disclosed that CFO and Treasurer Neil J. Laird received a grant of 500,000 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Ondas common stock, aligning a portion of his compensation with the company’s future share performance.
How many RSUs were granted to Ondas (ONDS) CFO Neil Laird?
Neil Laird was granted 500,000 Restricted Stock Units. These units convert into an equal number of Ondas common shares as they vest over time, providing equity-based compensation that depends on his continued service and the company’s long-term performance.
What is the vesting schedule for Neil Laird’s Ondas (ONDS) RSUs?
The RSUs vest 50% on June 1, 2027, with the remaining 50% vesting in four equal quarterly installments. Vesting requires that Neil Laird continues as an employee providing services on each vesting date, reinforcing retention incentives.
What happens to Neil Laird’s RSUs at Ondas (ONDS) if there is a change in control?
All RSUs granted to Neil Laird will vest in full immediately upon a change in control. This means a qualifying corporate transaction would accelerate the vesting schedule, converting his unvested RSUs into fully vested rights to receive common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates