Giterman Arthur G. 4

What Happened
Arthur G. Giterman, Mynd.ai’s CEO, CFO and a director, was granted an award of 7,092,106 ADSs (unvested restricted stock units) on July 2, 2026. The award is recorded at $0.38 per ADS, with a total grant value of $2,695,000. This was a compensation grant (an award), not an open‑market purchase or sale.

Key Details

• Transaction date and type: July 2, 2026 — Grant/Award of RSUs (Form 4 reported July 7, 2026).
• Price and value: $0.38 per ADS; total reported value $2,695,000.
• ADS vs ordinary shares: Each ADS represents 10 ordinary shares (so the grant corresponds to 70,921,060 underlying ordinary shares).
• Vesting: Unvested RSUs vest in installments: 2,363,798 ADSs on Jan 10, 2027, then eight roughly equal quarterly tranches (~591k ADSs) through Jan 10, 2029 (see filing footnote for exact amounts/dates).
• Shares owned after transaction: Not specified in the provided filing details.
• Filing timeliness: The Form 4 was filed July 7, 2026 for a July 2 transaction — later than the typical two‑business‑day reporting window for insiders.

Context
This was a standard equity compensation grant (RSUs settled in ADSs) intended to vest over time and align management incentives; it is not an immediate market purchase or sale. Grants like this reflect compensation/retention, not a direct buy/sell signal. The late filing may be a reporting oversight; it does not change the nature of the grant but is noted because timely reporting is required under Section 16.