Solomon Lance I. 4
4 · Mynd.ai, Inc. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Mynd.ai (MYND) CPO Solomon Lance I. Withholds 10,670 ADS for Taxes
What Happened
Solomon Lance I., Chief Product Officer of Mynd.ai, had 10,670 ADS withheld by the issuer on April 10, 2026 to satisfy income tax withholding related to the vesting and net settlement of previously granted RSUs. The filing reports these ADS disposed at $0.32 per ADS, for a total reported value of $3,414. This was a tax-withholding/net settlement transaction — not an open-market sale.
Key Details
- Transaction date: 2026-04-10; Form 4 filed: 2026-04-13 (filing appears timely).
- Reported disposition: 10,670 ADS at $0.32 each; total $3,414.
- Shares owned after transaction: Not specified in the Form 4 provided.
- Footnotes: F1 — each ADS represents 10 ordinary shares of Mynd.ai. F2 — issuer withheld ADS to satisfy income tax withholding on vested RSUs (this is a net settlement, not a voluntary sale).
- Transaction code: F (payment of exercise price or tax liability / withholding).
Context
Withholdings to cover taxes on vested RSUs are routine and reflect an administrative disposition rather than a directional insider trade; they generally do not signal the insider buying or selling stock based on outlook. For retail investors, purchases or open-market sales are typically more informative about insider sentiment than tax-related withholdings.
Insider Transaction Report
- Tax Payment
American Depository Shares ("ADS")
[F1][F2]2026-04-10$0.32/sh−10,670$3,414→ 265,201 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.