Seidl Randy 4
Research Summary
AI-generated summary
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.