Huston Robert Patrick 4

What Happened

• Huston Robert Patrick, Ondas Inc. (ONDS) Chief Operating Officer, General Counsel & Secretary, was granted 50,000 restricted stock units (RSUs) on January 28, 2026. The award was granted at $0.00 per share (no cash paid at grant); RSUs are a derivative right to receive common stock upon vesting.

Key Details

• Transaction type: Award/Grant (Code A). Date: 2026-01-28. Filing date: 2026-01-30.
• Grant size and price: 50,000 RSUs @ $0.00 (derivative award; no immediate cash value reported).
• Vesting: 33% (16,500 RSUs) vests on January 28, 2027; the remaining 67% (33,500 RSUs) vests in eight equal quarterly installments (~4,187.5 RSUs per quarter), provided the reporting person remains an officer. All RSUs vest in full upon a change in control.
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filed two days after the transaction (Form 4 filed 2026-01-30), consistent with the usual two-business-day reporting requirement.

Context

• RSUs are compensation awards, not open-market purchases — they represent a future right to receive company shares if vesting conditions are met. Such grants are common for executive compensation and do not by themselves indicate a buy or sell decision in the public market.
• The change-in-control acceleration means the award converts to shares immediately if the company is acquired, which is a typical executive-protection clause.