Solomon Lance I. 4

What Happened Solomon Lance I., Chief Product Officer of Mynd.ai, received a grant of 1,164,111 restricted stock units (RSUs) settled in ADSs on 2026-07-02. The grant is reported at $0.38 per ADS for a total reported value of $442,362. This is an award (grant) of equity, not an open-market purchase or sale.

Key Details

• Transaction date and report date: transaction 2026-07-02; Form 4 filed 2026-07-07 (filed 5 days after the transaction).
• Transaction type: A = Award/Grant of unvested RSUs.
• Shares/ADS granted: 1,164,111 RSUs (reported as ADS).
• Price/value: $0.38 per ADS; total reported value $442,362.
• ADS/ordinary share ratio: Each ADS represents 10 ordinary shares (Footnote F1).
• Vesting schedule (Footnote F2): unvested RSUs vest in installments — 387,998 on 2027-01-10, then eight additional instalments of 97,014 (or 97,015 for the last) on 4/10/2027, 7/10/2027, 10/10/2027, 1/10/2028, 4/10/2028, 7/10/2028, 10/10/2028 and 1/10/2029.
• Shares owned after transaction: not disclosed in the filing.
• Timeliness: Form 4 was filed five days after the transaction date, which appears later than the standard 2-business-day filing requirement for Form 4s.

Context These RSUs are unvested awards that will convert into ADSs according to the schedule above; they are not an immediate cash purchase or sale and do not by themselves indicate a buy-or-sell signal. Footnote F1 clarifies ADS mechanics (1 ADS = 10 ordinary shares), so the award corresponds to ADS-based settlement.