Form 4: Ondas Holdings Director Richard M. Cohen Reports Stock Transactions
SEC Form 4
Director Richard M. Cohen reports acquisition of 21,035 shares of Ondas Holdings Inc. common stock upon vesting of Restricted Stock Units (RSUs) and subsequent sale of 7,717 shares to cover tax obligations.
Summary
- On March 20, 2025, Richard M. Cohen, a director of Ondas Holdings Inc., acquired 21,035 shares of common stock due to the vesting of Restricted Stock Units (RSUs).
- Following the vesting, on March 21, 2025, Cohen sold 7,717 shares at a price of $0.68 per share.
- The sale was executed by the company to cover tax liabilities associated with the vesting of the RSUs.
- After these transactions, Cohen directly owns 169,387 shares of Ondas Holdings Inc.
- Cohen also holds 63,104 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The document reflects standard insider trading activity related to RSU vesting and tax obligations, indicating a neutral sentiment.
Future Outlook
The remaining RSUs will vest in tranches on April 1, 2025, July 1, 2025, and October 1, 2025, contingent upon the reporting person's continued service as a director.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 11/18/2024 | Reporting person was granted 84,139 RSUs. |
| 01/01/2025 | First vesting date of RSUs (25%). |
| 03/20/2025 | Acquisition of 21,035 shares of common stock upon vesting of RSUs. |
| 03/21/2025 | Sale of 7,717 shares at $0.68 per share. |
| 04/01/2025 | Second vesting date of RSUs (25%). |
| 07/01/2025 | Third vesting date of RSUs (25%). |
| 10/01/2025 | Fourth vesting date of RSUs (25%). |
Keywords
Ondas Holdings Inc., Richard M. Cohen, Form 4, Director, Stock Transaction, RSU, Common Stock, Beneficial Ownership
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