Mendelson Robin 4
Research Summary
AI-generated summary
Mynd.ai (MYND) Director Robin Mendelson Receives Award
What Happened
- Robin Mendelson, a director of Mynd.ai, Inc. (MYND), received a grant of 394,737 ADS (awarded RSUs) on July 2, 2026. The grant is reported at $0.38 per ADS for a total reported value of $150,000. This was an equity award (A = grant), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-07-02 at $0.38 per ADS; total reported value $150,000.
- Filing date: Form 4 filed 2026-07-07 (appears later than the standard 2-business-day Section 16 filing deadline).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Each ADS represents ten (10) ordinary shares of the company.
- F2: These are ADS underlying unvested RSUs settled in ADSs with a scheduled vesting plan (see Context).
- Transaction type: Award/grant (equity compensation), usually routine director compensation rather than a market-directional trade.
Context
- The RSUs are unvested and settle in ADSs. On an as-converted basis the grant equals 3,947,370 ordinary shares (394,737 ADS × 10).
- Vesting schedule (per filing): 131,565 ADS on Jan 10, 2027, then eight smaller tranches of ~32,896–32,897 ADS on Apr 10, Jul 10, Oct 10 of 2027 and 2028, and Jan 10, 2028 and Jan 10, 2029 (final tranche). These are time-based vesting tranches, typical for director/employee compensation and do not by themselves indicate buying or selling intent.