Mynd.ai, Inc.·4

Apr 13, 4:15 PM ET

Giterman Arthur G. 4

4 · Mynd.ai, Inc. · Filed Apr 13, 2026

Research Summary

AI-generated summary of this filing

Updated

Mynd.ai CEO Arthur Giterman Sells 131,150 ADS for Taxes

What Happened

  • Arthur G. Giterman, CEO, CFO and a director of Mynd.ai, had 131,150 American Depositary Shares (ADS) withheld by the company on April 10, 2026 to satisfy tax withholding related to vested restricted stock units (RSUs). The withholding was recorded at $0.32 per ADS for a cash value of $41,968.
  • Each ADS represents 10 ordinary shares, so the transaction corresponds to the underlying economic equivalent of 1,311,500 ordinary shares. This was an issuer withholding to cover tax obligations (administrative), not an open-market sale initiated by the reporting person.

Key Details

  • Transaction date: 2026-04-10; Form 4 filed: 2026-04-13.
  • Price: $0.32 per ADS; Amount withheld/disposed: 131,150 ADS; Gross cash value: $41,968.
  • Footnote F1: 1 ADS = 10 ordinary shares. Footnote F2: ADS were withheld by the issuer to satisfy income tax withholding on vested RSUs (not a sale by the insider).
  • Shares owned after transaction: Not disclosed in this filing.
  • Filing remarks: Exhibit 24 — Power of Attorney included.

Context

  • This was a tax-withholding/net-settlement event tied to previously granted RSUs (cashless/net settlement), common for executive equity vesting and typically administrative rather than a market-timing sell signal. The filing reports the disposition for tax purposes and does not necessarily indicate a change in the insider’s view of the company.

Insider Transaction Report

Form 4
Period: 2026-04-10
Giterman Arthur G.
DirectorCEO and CFO
Transactions
  • Tax Payment

    American Depository Shares ("ADS")

    [F1][F2]
    2026-04-10$0.32/sh131,150$41,9681,519,129 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.
Signature
/s/ Allyson G. Krause, Attorney-in-Fact|2026-04-13

Documents

4 files
  • 4
    wk-form4_1776111314.xmlPrimary

    FORM 4

  • EX-24
  • GRAPHIC
    gitermanpoa001.jpg
  • GRAPHIC
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