LAIRD NEIL J 4
4 · Ondas Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Ondas (ONDS) CFO Neil J. Laird Receives 500,000 RSU Award
What Happened
Neil J. Laird, Ondas Inc.'s (ONDS) Chief Financial Officer and Treasurer, was granted 500,000 restricted stock units (RSUs) on June 1, 2026. The award is reported as a derivative acquisition (code A) at $0.00 per unit — RSUs are contingent rights that convert to one share of common stock when vested, so no shares were exchanged for cash at grant.
Key Details
- Transaction date: 2026-06-01; transaction type: Grant/Award (Derivative, code A).
- Amount: 500,000 RSUs; reported acquisition price: $0.00.
- Footnote summary: Each RSU equals a contingent right to one common share. Vesting: 50% on June 1, 2027, then the remaining 50% in four equal quarterly installments thereafter; all RSUs vest immediately upon a change in control.
- Shares owned after transaction: not specified in the provided filing.
- Timeliness: Filing date matches the report date (2026-06-01), indicating a timely report.
Context
RSU grants are common retention/compensation awards and do not represent immediate stock ownership or a market buy/sell. Vesting is conditioned on continued employment (or a change in control), so the RSUs will convert to shares only as they vest. This is not an exercise or sale and does not itself signal a purchase or disposition of existing shares.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-01+500,000→ 500,000 total→ Common Stock (500,000 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Ondas Inc. (the "Company") common stock, par value $0.0001 per share.
- [F2]These RSUs vest (i) 50% on June 1, 2027, and (ii) subsequently the remaining 50% in four (4) equal quarterly installments, provided that the reporting person is an employee providing services to the Company on the applicable vesting dates. All RSUs granted to the reporting person shall vest in full immediately upon a change in control.