Erfan Ali 4

What Happened
Erfan Ali, a director of Sinda Ltd. (SIND), was granted 10,417 restricted stock units (RSUs) on 2026-06-29. The filing reports an acquisition at $0.00 per unit (standard for RSU grants), so no cash purchase was made. This is an equity award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-29; filing date: 2026-07-01 (reported promptly).
• Transaction type: Grant/Award (RSUs) — 10,417 units at $0.00 reported price.
• Vesting: RSUs vest in full on the date of Sinda’s 2027 Annual Meeting of Stockholders, subject to continued service on the Board (Footnote F1).
• Shares owned after transaction: Not disclosed in this filing.
• Beneficial ownership note: Reporting person is a director of Ajami Associates Limited and may be deemed to beneficially own securities held by that entity (Footnote F2).
• No indication of tax withholding, sale, or cashless exercise in this filing.

Context
RSUs are a deferred‑compensation award that convert to shares if and when they vest; the $0.00 price reflects that these were granted, not purchased. Director RSU grants are commonly part of compensation and do not by themselves signal buying or selling intent.