STOCK TITAN

Ondas (NASDAQ: ONDS) director sells 7,500 shares after RSU vesting

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Ondas Inc. director Richard M. Cohen reported a mix of RSU vesting, tax-related share dispositions, and a small open-market sale of common stock. On May 18, 2026, previously granted Restricted Stock Units vested, delivering 39,215 and 5,633 shares of common stock, for a total of 44,848 shares.

On May 20, 2026, 15,152 shares were disposed of as tax-withholding transactions related to this vesting, and 7,500 shares were sold in an open-market transaction at $9.50 per share. After all transactions, Cohen directly held 264,853 shares of Ondas common stock.

Positive

  • None.

Negative

  • None.
Insider COHEN RICHARD M
Role null
Sold 7,500 shs ($71K)
Type Security Shares Price Value
Tax Withholding Common Stock 6,087 $9.70 $59K
Tax Withholding Common Stock 7,307 $9.70 $71K
Tax Withholding Common Stock 882 $9.70 $9K
Tax Withholding Common Stock 876 $9.70 $8K
Sale Common Stock 7,500 $9.50 $71K
Exercise Restricted Stock Units 19,607 $0.00 --
Exercise Restricted Stock Units 19,608 $0.00 --
Exercise Restricted Stock Units 2,816 $0.00 --
Exercise Restricted Stock Units 2,817 $0.00 --
Exercise Common Stock 19,607 $0.00 --
Exercise Common Stock 19,608 $0.00 --
Exercise Common Stock 2,816 $0.00 --
Exercise Common Stock 2,817 $0.00 --
Holdings After Transaction: Common Stock — 256,177 shares (Direct, null); Restricted Stock Units — 19,608 shares (Direct, null)
Footnotes (1)
  1. Represents shares of Ondas Inc. (the "Company") common stock, par value $0.0001 per share ("Common Stock"), received upon vesting of Restricted Stock Units ("RSUs"). These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs. Each RSU represents a contingent right to receive one share of Common Stock. On May 12, 2025, the reporting person was granted 78,431 RSUs. The RSUs vested 25% on each of July 1, 2025, October 1, 2025, January 1, 2026, and April 1, 2026. In connection with the vesting of these RSUs, 39,215 shares of Common Stock were delivered to the reporting person on May 18, 2026. On August 11, 2025, the reporting person was granted 15,645 RSUs. The RSUs vested (i) 1,561 RSUs during the third quarter of 2025, (ii) 2,817 RSUs during the fourth quarter of 2025, (iii) 2,816 RSUs during the first quarter of 2026, and (iv) 2,817 RSUs during the second quarter of 2026. The remaining RSUs will vest 2,817 RSUs in each of the third and fourth quarters of 2026, provided that the reporting person is a director of the Company on the applicable vesting date. All RSUs granted to the reporting person shall vest in full immediately upon a change in control. In connection with the vesting of these RSUs, 5,633 shares of Common Stock were delivered to the reporting person on May 18, 2026.
Open-market sale 7,500 shares at $9.50 Common Stock sale on May 20, 2026
RSU shares delivered 39,215 shares RSUs granted May 12, 2025; delivered May 18, 2026
Additional RSU shares delivered 5,633 shares RSUs granted August 11, 2025; delivered May 18, 2026
Total RSU-related common shares 44,848 shares ExerciseShares in transaction summary
Tax-withholding dispositions 15,152 shares F-code transactions on May 20, 2026
Post-transaction holdings 264,853 shares Total shares following transactions
RSU grant size 78,431 RSUs Grant on May 12, 2025
Second RSU grant size 15,645 RSUs Grant on August 11, 2025
Restricted Stock Units financial
"Represents shares of Ondas Inc. common stock received upon vesting of 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.
tax-withholding disposition financial
"These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
COHEN RICHARD M

(Last)(First)(Middle)
C/O ONDAS INC.
222 LAKEVIEW AVENUE, SUITE 800

(Street)
WEST PALM BEACH FLORIDA 33401

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ondas Inc. [ ONDS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/18/2026M19,607A$0(1)262,264D
Common Stock05/20/2026F6,087(2)D$9.7256,177D
Common Stock05/18/2026M19,608A$0(1)275,785D
Common Stock05/20/2026F7,307(2)D$9.7268,478D
Common Stock05/18/2026M2,816A$0(1)271,294D
Common Stock05/20/2026F882(2)D$9.7270,412D
Common Stock05/18/2026M2,817A$0(1)273,229D
Common Stock05/20/2026F876(2)D$9.7272,353D
Common Stock05/20/2026S7,500D$9.5264,853D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)05/18/2026M19,607 (4) (4)Common Stock19,607$019,608D
Restricted Stock Units(3)05/18/2026M19,608 (4) (4)Common Stock19,608$00D
Restricted Stock Units(3)05/18/2026M2,816 (5) (5)Common Stock2,816$08,451D
Restricted Stock Units(3)05/18/2026M2,817 (5) (5)Common Stock2,817$05,634D
Explanation of Responses:
1. Represents shares of Ondas Inc. (the "Company") common stock, par value $0.0001 per share ("Common Stock"), received upon vesting of Restricted Stock Units ("RSUs").
2. These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs.
3. Each RSU represents a contingent right to receive one share of Common Stock.
4. On May 12, 2025, the reporting person was granted 78,431 RSUs. The RSUs vested 25% on each of July 1, 2025, October 1, 2025, January 1, 2026, and April 1, 2026. In connection with the vesting of these RSUs, 39,215 shares of Common Stock were delivered to the reporting person on May 18, 2026.
5. On August 11, 2025, the reporting person was granted 15,645 RSUs. The RSUs vested (i) 1,561 RSUs during the third quarter of 2025, (ii) 2,817 RSUs during the fourth quarter of 2025, (iii) 2,816 RSUs during the first quarter of 2026, and (iv) 2,817 RSUs during the second quarter of 2026. The remaining RSUs will vest 2,817 RSUs in each of the third and fourth quarters of 2026, provided that the reporting person is a director of the Company on the applicable vesting date. All RSUs granted to the reporting person shall vest in full immediately upon a change in control. In connection with the vesting of these RSUs, 5,633 shares of Common Stock were delivered to the reporting person on May 18, 2026.
/s/ Richard M. Cohen05/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Ondas (ONDS) director Richard M. Cohen report in this Form 4?

Richard M. Cohen reported RSU vesting, related tax-withholding share dispositions, and a small open-market sale. The transactions stem from previously granted Restricted Stock Units converting into Ondas common stock and follow standard equity compensation and tax settlement mechanics.

How many Ondas (ONDS) shares did Richard M. Cohen sell in the open market?

Cohen sold 7,500 shares of Ondas common stock in an open-market transaction at $9.50 per share. This sale occurred after a large RSU vesting event that delivered tens of thousands of shares into his direct ownership on May 18, 2026.

How many Ondas (ONDS) shares did Richard M. Cohen receive from RSU vesting?

Cohen received 39,215 shares and 5,633 shares of Ondas common stock from vesting RSU grants, totaling 44,848 shares. These shares were delivered on May 18, 2026 as portions of RSU awards granted in May 2025 and August 2025 vested.

What portion of Richard M. Cohen’s Ondas (ONDS) shares were withheld for taxes?

A total of 15,152 shares were disposed of in tax-withholding transactions related to the RSU vesting. These dispositions, coded “F,” reflect shares delivered to cover tax liabilities rather than discretionary market sales by Cohen of Ondas common stock.

How many Ondas (ONDS) shares does Richard M. Cohen hold after these transactions?

Following the RSU vesting, tax-withholding dispositions, and the 7,500-share open-market sale, Cohen directly holds 264,853 shares of Ondas common stock. This figure reflects his reported direct ownership immediately after all Form 4 transactions on the relevant dates.

What RSU grants to Richard M. Cohen are described in the Ondas (ONDS) filing?

The filing describes RSU grants of 78,431 units on May 12, 2025 and 15,645 units on August 11, 2025. These RSUs vest in scheduled quarterly installments, with portions vesting through April 1, 2026 and remaining tranches scheduled in the second half of 2026.