LAIRD NEIL J 4
4 · Ondas Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Ondas (ONDS) CFO Neil J. Laird Receives RSU Shares; Sells Some for Taxes
What Happened
- Neil J. Laird, CFO and Treasurer of Ondas Inc. (ONDS), had 12,500 restricted stock units (RSUs) convert to common stock on May 18, 2026 (reported as derivative conversion/exercise). To satisfy tax withholding, 6,038 of those shares were sold by the company on May 20, 2026 at $9.70 per share for proceeds of $58,569. Net shares retained from this vesting event: 6,462.
Key Details
- Transaction dates: RSU conversion delivered 12,500 shares on May 18, 2026; tax-withholding sale of 6,038 shares on May 20, 2026 at $9.70/share (proceeds $58,569).
- Codes: M = conversion/exercise of a derivative (RSU conversion); F = payment of tax liability via share withholding/sale.
- Shares owned after transaction: the filing excerpt does not disclose total beneficial ownership; from this vesting Laird retained 6,462 shares (12,500 delivered minus 6,038 withheld/sold).
- Footnotes: shares were issued upon RSU vesting; the company sold shares to fund withholding; each RSU equals one share. The RSUs were part of a 100,000 RSU grant (June 23, 2025) with a multi-date vesting schedule; 12,500 shares vested and were delivered May 18, 2026. RSUs accelerate on a change in control.
- Filing timeliness: Form 4 filed May 21, 2026. Because the May 18 vesting should be reported within two business days, the filing appears to be one business day late for the May 18 transaction.
Context
- These were RSU vesting and related tax-withholding transactions, not open-market investment purchases or discretionary sales. Sales to cover taxes (cashless/withholding) are routine and do not necessarily indicate a change in insider sentiment.
- Each RSU converted into one share upon vesting; the company’s sale of a portion to cover taxes is a common administrative step following vesting.
Insider Transaction Report
Form 4
Ondas Inc.ONDS
LAIRD NEIL J
CFO and Treasurer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-18+12,500→ 33,224 total - Tax Payment
Common Stock
[F2]2026-05-20$9.70/sh−6,038$58,569→ 27,186 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-05-18−12,500→ 62,500 total→ Common Stock (12,500 underlying)
Holdings
- 769(indirect: By Spouse)
Common Stock
- 4,400(indirect: By Spouse)
Common Stock
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]These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs.
- [F3]Each RSU represents a contingent right to receive one share of Common Stock.
- [F4]On June 23, 2025, the reporting person was granted 100,000 RSUs. The RSUs (i) vested 12.5% on each of September 23, 2025, December 23, 2025, and March 23, 2026 and (ii) vest 62.5% in five successive equal quarterly installments, provided that the reporting person is an officer of the Company on the applicable vesting dates. 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, 12,500 shares of Common Stock were delivered to the reporting person on May 18, 2026.
Signature
/s/ Neil Laird|2026-05-21