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

What Happened

• Neil J. Laird, CFO and Treasurer of Ondas, received 12,500 shares of common stock upon the vesting/conversion of Restricted Stock Units (RSUs) on Sept. 24, 2026. The RSUs converted at $0.00 cost to the reporting person. To cover tax withholding on the vesting, 4,952 shares were sold at $7.74 each for proceeds of $38,328. The filing shows the RSU/derivative conversion and the related share sale.

Key Details

• Transaction date: 2026-09-24.
• RSU conversion (reported as derivative exercise/conversion, code M): 12,500 shares acquired at $0.00 (footnotes F1, F3, F4).
• Sale (reported as open market/private sale, code S): 4,952 shares disposed at $7.74 per share for total proceeds of $38,328 (footnote F2 indicates the sale was to fund tax liability).
• Footnotes: F1–F4 explain these were RSUs (one RSU = one share), 12,500 shares vested and were delivered on Sept. 24, 2026, and some shares were sold by the company to cover withholding taxes. The RSUs were part of a 100,000 RSU grant on June 23, 2025 with scheduled vesting (F4).
• Shares owned after the transaction: not specified in this Form 4 filing.
• Filing timeliness: report covers 2026-09-24 and was filed the same day (no late filing indicated).

Context

• These entries reflect routine RSU vesting and tax-withholding activity rather than a discretionary cash-raising sale by the insider. The derivative (M) entries show RSUs converting into shares; the subsequent sale to cover taxes is a common cashless/withholding mechanism. This transaction is informational and does not necessarily indicate a change in the insider’s view of the company.