Ondas (ONDS) Director Richard Cohen Receives RSUs, Sells for Taxes

What Happened
Richard M. Cohen, a director of Ondas Inc. (ONDS), had RSUs vest and converted into common stock on August 14, 2026. He was delivered 9,299 shares (6,482 + 2,817) upon vesting. To cover tax withholding, 4,816 of those shares were sold by the company at $9.30 each, generating $44,789 in proceeds. The filing shows the RSU conversions as derivative exercises (code M) and the withholding sales as tax-withholding transactions (code F).

Key Details

• Transaction date: August 14, 2026; sale price for withheld shares: $9.30 per share.
• Shares delivered on vesting: 9,299 total (6,482 from May 28, 2026 grant; 2,817 from an earlier grant).
• Shares sold to cover taxes: 4,816 shares (3,356 + 1,460) for total proceeds reported as $44,789.
• Net shares retained from this vesting event: 4,483 (9,299 received − 4,816 sold).
• Footnotes: sales were company-conducted to satisfy tax withholding (F2); each RSU converts to one share on vesting (F1, F3). Grant schedules described in footnotes F4 and F5; all RSUs accelerate on a change in control.
• Filing date: August 14, 2026 (same day as the transactions); filing is not indicated as late.
• Shares owned after the transaction were not specified in the Form 4.

Context
These transactions reflect routine RSU vesting and company-facilitated tax withholding (common and not an open-market purchase or directional bet). The derivative code M indicates conversion/exercise of RSUs into common stock; code F denotes shares sold to satisfy tax liabilities. Such withholding sales are administrative and do not necessarily signal the insider’s view on the company’s stock.