Ondas (ONDS) CFO Neil Laird Receives RSUs, Sells Shares for Taxes

What Happened

• Neil J. Laird, CFO and Treasurer of Ondas Inc., had 12,500 RSUs vest and convert into 12,500 shares of common stock on August 14, 2026. These shares were issued at $0.00 per share as the result of RSU vesting.
• To satisfy tax withholding on the vesting, 4,988 of those shares were sold by the company at $9.30 per share, raising $46,388. The remaining vested shares were retained by the insider. This is a routine tax-withholding sale tied to RSU vesting, not a market-timed investment purchase.

Key Details

• Transaction date: August 14, 2026.
• RSU conversion: 12,500 shares acquired at $0.00 (reported as derivative exercise/conversion, code M).
• Tax withholding sale: 4,988 shares disposed at $9.30/share for $46,388 (code F — sale to cover tax liability).
• Footnotes: Shares received upon vesting of RSUs (each RSU = 1 share). Sale was by the company to cover tax withholding attributable to the vesting.
• Vesting background: 100,000 RSUs granted June 23, 2025 with staged vesting; 12,500 shares delivered on Aug 14, 2026 per schedule (or upon change in control they vest in full).
• Shares owned after the transaction: not specified in this Form 4.
• Filing timeliness: Reported same day (period of report Aug 14, 2026); no late filing indicated.

Context

• This was a standard RSU vesting event with a cashless-style sell-to-cover for taxes, not an open-market sale for investment reasons. For derivatives/RSUs: the RSUs converted into common stock (exercise/conversion) and a portion was withheld/sold to satisfy the tax bill.