|4Feb 13, 4:37 PM ET

Brock Eric A 4

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Ondas (ONDS) CEO Eric A. Brock Receives 13.5M RSU Award

What Happened

  • Eric A. Brock, Chairman, CEO & President and a Director of Ondas Inc. (ONDS), was granted 13,500,000 restricted stock units (RSUs) on February 11, 2026. The award was recorded at $0.00 per unit (no cash paid at grant). These RSUs are derivative awards that convert to common stock only upon vesting.

Key Details

  • Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely under Form 4 rules).
  • Transaction type/code: Award/Grant (derivative RSUs), 13,500,000 units @ $0.00.
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes of note:
    • F1: Each RSU represents a contingent right to one share of Ondas common stock.
    • F2: Vesting schedule: 4,500,000 on June 1, 2026; then 1,800,000 on each of March 10, 2027; June 1, 2027; March 10, 2028; June 1, 2028; and March 10, 2029 — vesting is conditioned on the reporting person remaining an officer on each vesting date.
  • No 10b5-1 plan, tax-withholding sale, or immediate sale related to this grant reported.

Context

  • This was a compensation grant, not an open-market purchase or sale. RSUs do not result in immediate ownership of shares; the recipient gains actual shares only as each tranche vests (subject to continued service). Such awards are common for executives and may lead to future share issuance (dilution) when vested, but do not by themselves indicate a buy/sell decision in the market.