MIND Director Thomas S. Glanville Receives 30,000-Share Award

What Happened
Thomas S. Glanville, a director of MIND Technology, received a grant of 30,000 derivative securities (stock options) on July 29, 2026. The award has an exercise price of $4.77 per share, giving a notional value of $143,100 (30,000 × $4.77). This transaction is an award/acquisition of derivative securities — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-29; filing date: 2026-07-31 (Form 4 accession 0001437749-26-025243).
• Securities: 30,000 derivative shares (stock options) with exercise price $4.77; total value shown $143,100.
• Shares owned after transaction: not disclosed in the provided filing summary.
• Vesting (footnote): options vest 1/3 on July 29, 2027; 1/3 on July 29, 2028; and 1/3 on July 29, 2029.
• No 10b5-1 plan, tax-withholding sale, or immediate sale noted in the provided data.

Context
This is a standard director compensation grant—options that give the holder the right to buy shares at $4.77 once vested. Because these are a grant (not a sale), they represent potential future ownership rather than an immediate market transaction. Grants to directors are routine and do not, by themselves, indicate immediate buying or selling in the open market.