MIND CTI (MNDO) VP of IT Cohen Nissan Shoval Sells Shares

What Happened

• Cohen Nissan Shoval, Vice President of IT at MIND CTI Ltd. (MNDO), reported a sale of 10,000 shares on August 14, 2026. The shares were disposed at $1.02 per share for a total value of $10,200. The transaction is reported on the Form 4 as a derivative-related sale.

Key Details

• Transaction date: 2026-08-14; Form 4 filed: 2026-08-17 (appears timely).
• Price per share: $1.02; Shares sold: 10,000; Total proceeds: $10,200.
• Classified on the filing as a derivative transaction; footnote F1 states the related stock option is fully vested and currently exercisable.
• Shares owned after the transaction: not specified in the information provided.
• No 10b5-1 plan, tax-withholding, or late-filing indication was disclosed in the provided data.

Context

• Derivative-classified sales often mean the shares sold derived from an option or other derivative instrument; the filing’s footnote confirms the option was vested and exercisable. This was a small-dollar sale by an officer and, while informative, does not by itself indicate broader insider sentiment. Purchases tend to be more indicative of insider confidence than routine sales.