MIND Director Peter H. Blum Receives 30,000-Share Award

What Happened

• Peter H. Blum, a director of MIND Technology, Inc. (MIND), was granted a derivative award covering 30,000 shares on July 29, 2026. The award is shown at $4.77 per share, for a nominal total of $143,100. This filing reports an award/acquisition (code A) rather than a sale.

Key Details

• Transaction date and price: 2026-07-29; grant reported at $4.77 per share.
• Shares involved: 30,000 (derivative award/options).
• Shares owned after transaction: Not specified in the provided filing details.
• Vesting/terms (footnote): Options vest 1/3 on July 29, 2027, 1/3 on July 29, 2028, and 1/3 on July 29, 2029 (F1).
• Filing timeliness: Report filed 2026-07-31 for a 2026-07-29 transaction — appears to be timely (Form 4 is generally due within two business days).

Context

• This was an option/award grant (a derivative acquisition), not an exercise or immediate sale; no cash proceeds were reported. Because the award vests over three years, the economic benefit is tied to future vesting and any stock-price appreciation above the $4.77 strike. As with all insider awards, this is informational and does not by itself indicate the insider’s intent to buy or sell additional shares.