Strand Michael B. 4

What Happened
Michael B. Strand, Chief Revenue Officer of Mynd.ai, had 4,216 American Depositary Shares (ADS) withheld by the company on 2026-04-10 to satisfy income tax withholding related to the vesting and net settlement of previously granted restricted stock units (RSUs). The withholding was reported at $0.32 per ADS for a total of $1,349. This transaction was a tax-withholding disposition (not an open-market sale) as noted in the filing.

Key Details

• Transaction date: 2026-04-10; filing date (Form 4): 2026-04-13 (timely filed).
• Reported transaction: 4,216 ADS withheld at $0.32 per ADS; total value reported = $1,349.
• Footnote F1: Each ADS represents 10 ordinary shares — the 4,216 ADS equal 42,160 underlying ordinary shares.
• Footnote F2: The ADS were withheld by the issuer to satisfy tax withholding on net-settled RSUs; this is not a sale by the reporting person.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Exhibit: Exhibit 24 — Power of Attorney included.

Context
Tax-withholding dispositions are routine administrative transactions when RSUs vest and are net-settled; they generally do not signal a trading decision by the insider. Because the filing indicates the shares were withheld to cover taxes (transaction code F), there was no open-market sale or new purchase associated with this entry.