Ondas Inc. (NASDAQ: ONDS) director granted 25,925 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seidl Randy reported acquisition or exercise transactions in this Form 4 filing.
Ondas Inc. director Randy Seidl 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. The 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 RSUs vest in full 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
Seidl Randy
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 common shares: 25,925 shares
Transaction price per RSU: $0.0000
+1 more
4 metrics
RSUs granted
25,925 units
Restricted Stock Units awarded to director Randy Seidl
Underlying common shares
25,925 shares
Common stock issuable upon RSU vesting
Transaction price per RSU
$0.0000
Grant price for Restricted Stock Units
Shares following transaction
25,925 shares
Total RSU-based underlying shares after the grant
Key Terms
Restricted Stock Units, change in control, vest in four successive equal quarterly installments
3 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.
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.
vest in four successive equal quarterly installments financial
"These RSUs vest in four successive equal quarterly installments with the first vesting date commencing"
FAQ
What insider transaction did Ondas Inc. (ONDS) report for Randy Seidl?
Ondas Inc. reported that director Randy Seidl received a grant of 25,925 Restricted Stock Units. These RSUs are a form of equity compensation that can convert into common shares over time if vesting conditions are met.
How many Restricted Stock Units were granted to the Ondas Inc. (ONDS) director?
Randy Seidl was granted 25,925 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Ondas Inc. common stock, subject to vesting based on continued service on the board.
How do the Ondas Inc. (ONDS) RSUs granted to Randy Seidl vest?
The 25,925 RSUs vest in four equal quarterly installments. Vesting begins on the first day of the next calendar quarter, provided Randy Seidl continues to serve as a director on each applicable vesting date.
What happens to Randy Seidl’s Ondas Inc. (ONDS) RSUs if there is a change in control?
All RSUs granted to Randy Seidl vest in full immediately upon a change in control. This means any remaining unvested RSUs become fully vested if the company undergoes a qualifying control transaction.
What does each Ondas Inc. (ONDS) RSU granted to Randy Seidl represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Ondas Inc. common stock. The shares have a par value of $0.0001 per share and are delivered only after the RSUs vest under the specified schedule.