Strand Michael B. 4

4 · Mynd.ai, Inc. · Filed Jul 7, 2026

AI-generated summary of this filing

Updated Jul 7, 2026

Mynd.ai (MYND) CRO Michael Strand Receives RSU Award

What Happened

Michael B. Strand, Chief Revenue Officer of Mynd.ai, received a grant of 923,685 restricted stock units (RSUs) settled in ADSs on July 2, 2026. The Form 4 reports an acquisition value of $0.38 per ADS for an aggregate reported value of $351,000. This transaction is an equity award (compensation), not an open-market purchase or sale.

Key Details

Transaction date: July 2, 2026; Filed with SEC: July 7, 2026 (no late-filing flag provided in the data).
Reported price/value: $0.38 per ADS; aggregate reported value $351,000.
Vesting schedule (unvested RSUs per footnote): 307,864 vest Jan 10, 2027, then eight additional tranches of ~76,977–76,978 ADSs quarterly through Jan 10, 2029, totaling 923,685 ADSs.
ADS clarification (footnote): Each ADS represents 10 ordinary shares — the grant corresponds to 9,236,850 ordinary shares on that basis.
Shares owned after the transaction: not specified in the provided filing excerpt.
Nature of transaction code: A = Award/Grant (not a sale or purchase); no 10b5-1 or tax-withholding details shown.

Context

RSUs are a common form of executive compensation that vest over time and are typically intended to retain executives; they do not represent an immediate cash transaction or stock sale. Because these RSUs are settled in ADSs, eventual receipt will convert to ADS units (each ADS = 10 ordinary shares) when vesting conditions are met. Purchases by insiders are often more directly interpreted as bullish signals than routine compensation grants.

Form 4

Period: 2026-07-02

Chief Revenue Officer

Transactions

Award
American Depository Shares ("ADS")
[F1][F2]
2026-07-02$0.38/sh+923,685$351,000→ 1,059,092 total

Footnotes (2)

[F1]Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company").
[F2]Represents ADS underlying unvested restricted stock units ("RSUs") granted under the Company's equity incentive plan that are settled in ADSs. Such unvested RSUs vest as follows: (i) 307,864 on January 10, 2027, (ii) 76,977 on April 10, 2027, (iii) 76,978 on July 10, 2027, (iv) 76,978 on October 10, 2027, (v) 76,977 on January 10, 2028, (vi) 76,978 on April 10, 2028, (vii) 76,977 on July 10, 2028, (viii) 76,978 on October 10, 2028 and (ix) 76,978 on January 10, 2029.

Signature

/s/ Allyson G. Krause, Attorney-in-Fact|2026-07-07

1 file