On June 12, Ondas Holdings rose 6.23% in regular trading, trading at $9.875/share, with turnover of $368 million.

On the news front, the stock is staging a recovery rally after sustained selling pressure since early June when CEO Eric A. Brock received 4.5 million shares from RSU vesting and had approximately 2.38 million shares sold on his behalf at an average price of $13.43 to cover tax withholding obligations. Concurrently, the company filed with the SEC for selling shareholders to offer 2.1 million shares at their discretion. These events had driven the stock down from over $12 to as low as $9.445 on June 9.

The rebound appears supported by the market increasingly recognizing the CEO share sale as a routine tax-related transaction rather than a signal of active divestment. Additionally, the company's strong operational momentum — with over $30 million in new orders during May and Q2 order intake exceeding $110 million — provides fundamental support. The broader Communication Equipment sector is also contributing positively, with Nokia up 4.93%, Lumentum up 3.94%, and Cisco up 3.02%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)