Ondas Inc.·4

Jun 1, 6:53 PM ET

LAIRD NEIL J 4

Research Summary

AI-generated summary

Updated

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.