LAIRD NEIL J 4
Research Summary
AI-generated summary
Ondas (ONDS) CFO Neil Laird Receives Options & RSUs
What Happened
- Neil J. Laird, Ondas Inc.'s Chief Financial Officer and Treasurer, received two equity awards on January 28, 2026: 240,000 stock options (derivative) and 160,000 Restricted Stock Units (RSUs). Both awards are reported with an acquisition price of $0.00, reflecting grant awards rather than open-market purchases or sales.
Key Details
- Transaction date: January 28, 2026; Form 4 filed January 30, 2026 (appears to be filed within the typical two-business-day window).
- Grants: 240,000 options (derivative) and 160,000 RSUs; reported acquisition price $0.00.
- Shares owned after transaction: Not disclosed in the information provided.
- Footnotes:
- Options vest/exercisable: 33% on January 28, 2027, then the remaining 67% in eight equal quarterly installments, provided the reporting person remains an officer; all options vest in full upon a change in control. (F1)
- Each RSU equals a contingent right to one common share. (F2)
- RSU vesting: 33% on January 28, 2027, then the remaining 67% in eight equal quarterly installments, provided the reporting person remains an officer; all RSUs vest in full upon a change in control. (F3)
Context
- RSUs are promises to deliver shares in the future once vesting conditions are met; they do not represent immediate share ownership until settled. Stock options are a derivative right to buy shares in the future subject to vesting and exercise terms. Both awards include standard time-based vesting and accelerated vesting on a change in control.
- These are grant awards (code A on Form 4), not purchases or sales, so they do not reflect an immediate cash outlay or insider selling.