Mynd.ai, Inc.·4

Jul 14, 4:18 PM ET

Giterman Arthur G. 4

Research Summary

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Updated

Mynd.ai CEO Arthur Giterman Withholds 65,407 ADS for Taxes

What Happened

  • Arthur G. Giterman, CEO, CFO and director of Mynd.ai, had 65,407 American Depositary Shares (ADS) withheld by the company on July 10, 2026 to satisfy income tax withholding tied to the vesting and net settlement of previously granted restricted stock units (RSUs). The withholding was recorded at $0.41 per ADS, totaling $26,817.
  • This transaction is reported under code F (payment of exercise price or tax liability) and per the filing footnote is not a market sale by the reporting person but a company withholding to meet tax obligations.

Key Details

  • Transaction date: 2026-07-10; Filing date: 2026-07-14 (investors should note SEC Form 4s are generally required within two business days).
  • Reported amount: 65,407 ADS withheld at $0.41 each = $26,817.
  • Footnote F1: Each ADS represents 10 ordinary shares of Mynd.ai.
  • Footnote F2: Withholding reflects net settlement of previously reported RSUs; not an open-market sale by the insider.
  • Shares owned after transaction: Not specified in the provided filing.

Context

  • This is a routine tax-withholding transaction associated with RSU vesting (a net settlement), not an indication that the insider sold shares on the open market. Such withholdings are common when equity awards vest and do not necessarily reflect the insider’s view of the company’s prospects.