Seidl Randy 4
4 · Ondas Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Ondas (ONDS) Director Randy Seidl Receives RSU Shares
What Happened
Randy Seidl, a director of Ondas Inc. (ONDS), received a total of 44,848 shares of common stock through the vesting and conversion of restricted stock units (RSUs). Specifically, 22,424 shares were delivered on March 30, 2026 (19,608 + 2,816) and 22,424 shares were delivered on April 1, 2026 (19,607 + 2,817). The RSUs have no exercise or conversion price, so no cash was paid for these shares (reported per-share price $0.00).
Key Details
- Transaction dates: March 30, 2026 and April 1, 2026. Report filed April 1, 2026. No lateness indicated in the provided data.
- Transaction type/code: M — exercise/conversion of derivative (RSU settlement into common stock).
- Shares received: 44,848 total (22,424 on Mar 30; 22,424 on Apr 1). Per-share price reported: $0.00.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1–F2: These were RSUs (each RSU = one share) with no exercise price.
- F3: 78,431 RSUs granted May 12, 2025; vested in four equal tranches; 19,608 shares delivered Mar 30 and 19,607 on Apr 1 as part of that grant.
- F4: 15,645 RSUs granted Aug 11, 2025; multiple tranche vesting including 2,816 (Mar 30) and 2,817 (Apr 1); remaining RSUs tied to future vesting or acceleration on change in control.
Context
These entries reflect RSU vesting and conversion into common stock (a non-cash award settlement), not open-market buys or sales. The filing shows both "acquired" and "disposed" derivative lines typical of converting a derivative instrument into underlying shares; it does not indicate any sale of the resulting shares. Vesting schedules and remaining outstanding RSUs are described in the footnotes; some RSUs continue to vest through 2026 or accelerate on a change in control.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-30+19,608→ 280,264 total - Exercise/Conversion
Common Stock
[F1]2026-03-30+2,816→ 283,080 total - Exercise/Conversion
Common Stock
[F1]2026-04-01+19,607→ 302,687 total - Exercise/Conversion
Common Stock
[F1]2026-04-01+2,817→ 305,504 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-30−19,608→ 19,607 total→ Common Stock (19,608 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-04-01−19,607→ 0 total→ Common Stock (19,607 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-03-30−2,816→ 8,451 total→ Common Stock (2,816 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-04-01−2,817→ 5,634 total→ Common Stock (2,817 underlying)
Footnotes (4)
- [F1]Represents shares of Ondas Inc. (the "Company") common stock, par value $0.0001 per share ("Common Stock"), received upon vesting of Restricted Stock Units ("RSUs").
- [F2]Each RSU represents a contingent right to receive one share of Common Stock. RSUs have no conversion or exercise price.
- [F3]On May 12, 2025, the reporting person was granted 78,431 RSUs. The RSUs vested 25% on each of July 1, 2025, October 1, 2025, January 1, 2026, and April 1, 2026. In connection with the vesting of these RSUs, (i) 19,608 shares of Common Stock were delivered to the reporting person on March 30, 2026, and (ii) 19,607 shares of Common Stock were delivered to the reporting person on April 1, 2026.
- [F4]On August 11, 2025, the reporting person was granted 15,645 RSUs. The RSUs vested (i) 1,561 RSUs during the third quarter of 2025, (ii) 2,817 RSUs during the fourth quarter of 2025, (iii) 2,816 RSUs during the first quarter of 2026, and (iv) 2,817 RSUs during the second quarter of 2026. The remaining RSUs will vest 2,817 RSUs in each of the third and fourth quarters of 2026, provided that the reporting person is a director of the Company on the applicable vesting date. All RSUs granted to the reporting person shall vest in full immediately upon a change in control. In connection with the vesting of these RSUs, (i) 2,816 shares of Common Stock were delivered to the reporting person on March 30, 2026, and (ii) 2,817 shares of Common Stock were delivered to the reporting person on April 1, 2026.