O'Loan Ronan 4
4 · Mynd.ai, Inc. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Mynd.ai (MYND) CHRO Ronan O'Loan Withholds 7,877 ADS for Taxes
What Happened
Ronan O'Loan, Chief Human Resources Officer of Mynd.ai (MYND), had 7,877 American Depositary Shares (ADS) withheld by the issuer on April 10, 2026 to satisfy income tax withholding related to the vesting and net settlement of previously granted restricted stock units (RSUs). The reported per-ADS price was $0.32, for a total withholding value of $2,521. This was a company withholding for taxes (transaction code F), not an open-market sale by the insider.
Key Details
- Transaction date: April 10, 2026; Filing date: April 13, 2026.
- Shares withheld: 7,877 ADS at $0.32 each; total value reported $2,521 (approx.).
- ADS conversion: Each ADS represents 10 ordinary shares, so 7,877 ADS = 78,770 underlying ordinary shares.
- Nature of transaction: Tax withholding / net settlement of vested RSUs (footnote clarifies the issuer withheld ADS to satisfy tax remittance).
- Shares owned after transaction: Not disclosed in the provided filing.
- Remarks/Exhibits: Exhibit 24 — Power of Attorney.
Context
Withholdings to cover taxes on vested RSUs are routine and do not by themselves indicate insider buying or selling sentiment. This is a non-volitional disposition arranged by the company to settle tax obligations on previously granted equity.
Insider Transaction Report
- Tax Payment
American Depository Shares ("ADS")
[F1][F2]2026-04-10$0.32/sh−7,877$2,521→ 199,071 total
Footnotes (2)
- [F1]Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company").
- [F2]This transaction is not a sale by the reporting person. Rather, the transaction represents ADS that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs") granted under the Issuer's equity incentive plan.