Strand Michael B. 4

What Happened

• Michael B. Strand, Chief Revenue Officer of Mynd.ai, had 4,216 ADS withheld on July 10, 2026 to satisfy tax withholding related to the vesting and net settlement of previously granted RSUs. The transaction is reported as a disposition at $0.41 per ADS, totaling $1,729.
• Per the filing, each ADS represents ten (10) ordinary shares, meaning the withheld ADS correspond to 42,160 underlying ordinary shares. This was a tax withholding/net-settlement action, not an open‑market sale by the reporting person.

Key Details

• Transaction date: 2026-07-10; Price: $0.41 per ADS; Total value: $1,729.
• Shares withheld: 4,216 ADS (represents 42,160 ordinary shares per filing footnote).
• Footnotes: F1 clarifies ADS = 10 ordinary shares; F2 explains the transfer was issuer withholding to satisfy income tax on vested RSUs (not a sale by the insider).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Filing date: 2026-07-14 — reported within the standard two-business-day Form 4 filing window.

Context

• Code F indicates tax withholding related to award vesting; these transactions are routine administrative actions and do not necessarily signal a change in the insider’s view of the company.
• The cash value involved ($1.7k) is small; purchases tend to be more informative for bullish signals, while tax withholdings are common around vesting dates.