Ondas Inc. (NASDAQ: ONDS) awards 25,925 RSUs to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COHEN RICHARD M reported acquisition or exercise transactions in this Form 4 filing.
Ondas Inc. director Richard M. Cohen received a grant of 25,925 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Ondas Inc. common stock. These RSUs vest in four equal quarterly installments, starting on the first day of the next calendar quarter, as long as he remains a director. All unvested RSUs will vest immediately if there is a change in control of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COHEN RICHARD M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,925 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 25,925 shares (Direct, null)
Footnotes (1)
- 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. These RSUs vest in four successive equal quarterly installments with the first vesting date commencing on the first day of the next calendar quarter, provided that the reporting person is a director of 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: 25,925 units
Underlying shares: 25,925 shares
Post‑grant RSU holdings: 25,925 units
+1 more
4 metrics
RSUs granted
25,925 units
Grant of Restricted Stock Units to director Richard M. Cohen
Underlying shares
25,925 shares
Each RSU represents one share of Ondas Inc. common stock
Post‑grant RSU holdings
25,925 units
Total derivative holdings following the reported RSU grant
Vesting schedule
4 equal quarterly installments
Beginning on first day of next calendar quarter, service-based
Key Terms
Restricted Stock Units, contingent right, vest in four successive equal quarterly installments, change in control
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of Ondas Inc. common stock"
vest in four successive equal quarterly installments financial
"These RSUs vest in four successive equal quarterly installments"
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.
FAQ
What insider transaction did Ondas Inc. (ONDS) report for Richard M. Cohen?
Ondas Inc. reported that director Richard M. Cohen received a grant of 25,925 Restricted Stock Units. These RSUs are a form of equity compensation that may convert into common shares over time, subject to vesting conditions and continued board service.
How many Restricted Stock Units were granted to the Ondas (ONDS) director?
Richard M. Cohen was granted 25,925 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Ondas Inc. common stock, aligning his compensation with shareholder interests through potential future equity ownership.
What is the vesting schedule for the Ondas Inc. (ONDS) RSUs granted to Richard M. Cohen?
The 25,925 RSUs vest in four equal quarterly installments. Vesting begins on the first day of the next calendar quarter, and each installment requires that Richard M. Cohen continue serving as a director on the respective vesting dates.
What happens to the Ondas (ONDS) RSUs if there is a change in control?
All RSUs granted to Richard M. Cohen will fully vest immediately upon a change in control. This acceleration provision means unvested units convert to vested rights to receive common stock if the company undergoes a qualifying control transaction.
What does each Ondas Inc. (ONDS) RSU represent for Richard M. Cohen?
Each Restricted Stock Unit represents a contingent right to receive one share of Ondas Inc. common stock. The units themselves are not shares until they vest and settle, tying director compensation directly to the company’s equity value over time.