4Filed Aug 13, 8:00 PM ET
Ondas (ONDS) COO Huston Receives RSUs, Sells 4,301 Shares
$ONDS · Ondas Inc.Research Summary
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Ondas (ONDS) COO Huston Receives RSUs, Sells 4,301 Shares
What Happened
Huston Robert Patrick, Ondas Inc. COO, General Counsel & Secretary, had 8,334 restricted stock units (RSUs) convert into common shares on August 14, 2026. To satisfy tax withholding, 4,301 of those shares were sold at $9.30 each for proceeds of $39,999. The remaining 4,033 shares were retained by the reporting person.
Key Details
- Transaction date: August 14, 2026.
- Conversion/award: 8,334 shares reported as acquired at $0.00 upon RSU vesting (derivative conversion, code M).
- Tax withholding sale: 4,301 shares sold at $9.30 per share for $39,999 (code F); sale performed by the Company to fund tax liability.
- Net shares retained from this vesting: 4,033 shares (8,334 vested − 4,301 withheld/sold).
- Shares owned after transaction: not reported on this Form 4.
- Footnotes: RSUs represent a contingent right to one share each; these RSUs were part of a 100,000‑RSU grant on Nov 4, 2025 with a staged vesting schedule; the August delivery reflects the scheduled vesting. The sale was a tax‑withholding action by the company (routine).
- Filing timeliness: Report filed the same day as the transaction (timely).
Context
This was not an open‑market investment decision but a routine conversion of RSUs and related tax‑withholding sale. Such tax‑withholding dispositions are common when equity awards vest and do not necessarily indicate the insider’s market view. The filing shows conversion of derivative awards (RSUs) rather than a purchase (P) or discretionary sale (S).