AADX director buys 25,000 shares, receives RSU grant

Applied Aerospace & Defense, Inc. director James C. Katzman reported two transactions involving the company’s common stock.

Rhea-AI Filing Summary

Applied Aerospace & Defense, Inc. director James C. Katzman reported two transactions involving the company’s common stock. He made an open-market purchase of 25,000 shares at $20.00 per share under the issuer’s directed share program connected to its initial public offering, bringing his direct holdings to 29,250 shares.

He also received a grant of 4,250 Restricted Share Units on June 4, 2026. Each RSU represents the right to receive one share of common stock, vesting on the first anniversary of the grant date or immediately before the next Annual Meeting, whichever comes first, subject to his continued service on the Board.

Insider Trade Summary

Net Buyer: 25,000 shares

Net Buy 2 txns

Insider Katzman James C

Role Director

Bought 25,000 shs ($500K)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,250	$20.00	$85K
Purchase	Common Stock	25,000	$20.00	$500K

Holdings After Transaction: Common Stock — 29,250 shares (Direct)

Footnotes (2)

1. F1. The reported securities represent Restricted Share Units ("RSUs") granted to the Reporting Person on June 4, 2026 (the "Date of Grant"). Each RSU represents the contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest on the first anniversary of the Date of Grant, provided that the RSUs shall become fully vested as of the day immediately preceding the next Annual Meeting, if sooner (the earlier of such dates, the "Vesting Date"). Vesting of the RSUs is subject in all cases to the Reporting Person's continuous service to the Company as a member of the Board of Directors from the Date of Grant through the Vesting Date. With respect to each vested RSU, the Reporting Person shall receive one share of Common Stock Share within 30 days following the date on which an RSU becomes vested.
2. F2. The reported securities represent shares of common stock purchased by the reporting person under the directed share program in connection with the Issuer's initial public offering.

Key Figures

Open-market purchase: 25,000 shares at $20.00/share Shares held after purchase: 29,250 shares RSU grant size: 4,250 RSUs +1 more

4 metrics

Open-market purchase 25,000 shares at $20.00/share Common Stock bought on June 4, 2026

Shares held after purchase 29,250 shares Direct common stock ownership after transactions

RSU grant size 4,250 RSUs Restricted Share Units granted on June 4, 2026

RSU vesting schedule On first anniversary or before next Annual Meeting Vesting contingent on continued Board service

Key Terms

Restricted Share Units ("RSUs"), directed share program, initial public offering, Annual Meeting, +1 more

5 terms

Restricted Share Units ("RSUs") financial

"The reported securities represent Restricted Share Units ("RSUs") granted to the Reporting Person on June 4, 2026"

directed share program financial

"shares of common stock purchased by the reporting person under the directed share program in connection with the Issuer's initial public offering"

initial public offering financial

"under the directed share program in connection with the Issuer's initial public offering"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

Annual Meeting financial

"shall become fully vested as of the day immediately preceding the next Annual Meeting"

A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.

Board of Directors financial

"subject in all cases to the Reporting Person's continuous service to the Company as a member of the Board of Directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did AADX director James C. Katzman report?

James C. Katzman reported buying 25,000 Applied Aerospace & Defense shares at $20.00 each and receiving 4,250 Restricted Share Units. The RSUs convert into common stock upon vesting, providing additional potential equity exposure alongside his increased direct share ownership.

How many Applied Aerospace & Defense (AADX) shares does Katzman hold after these transactions?

After the open-market purchase, Katzman directly holds 29,250 shares of Applied Aerospace & Defense common stock. This figure reflects his post-transaction ownership and does not include the 4,250 Restricted Share Units, which may convert into additional shares once they vest.

At what price did Katzman purchase AADX shares in the Form 4 filing?

Katzman purchased 25,000 shares of Applied Aerospace & Defense common stock at a price of $20.00 per share. The filing notes this acquisition occurred in connection with the company’s directed share program tied to its initial public offering.

What are the terms of the 4,250 RSUs granted to Katzman by AADX?

The 4,250 Restricted Share Units each represent the right to receive one AADX common share. They vest on the first anniversary of June 4, 2026, or immediately before the next Annual Meeting, whichever comes earlier, contingent on Katzman’s continued Board service through the vesting date.

How soon can the RSUs granted to Katzman in AADX convert into shares?

The RSUs will vest on the first anniversary of June 4, 2026, or the day immediately preceding the next Annual Meeting, whichever occurs first. Once an RSU vests, one common share is delivered within 30 days, according to the grant’s terms.

What is the directed share program mentioned in the AADX Form 4 footnote?

The filing explains that Katzman’s 25,000-share purchase occurred under a directed share program connected to Applied Aerospace & Defense’s initial public offering. Such programs allow designated participants, like directors, to purchase IPO shares on specified terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/04/2026 - 05:53 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Katzman James C

(Last) (First) (Middle)

C/O APPLIED AEROSPACE & DEFENSE, INC.

355 QUALITY CIRCLE NW

(Street)

HUNTSVILLE ALABAMA 35806

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Applied Aerospace & Defense, Inc. [ AADX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/04/2026		A		4,250(1)	A	$20	4,250	D
Common Stock	06/04/2026		P		25,000(2)	A	$20	29,250	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported securities represent Restricted Share Units ("RSUs") granted to the Reporting Person on June 4, 2026 (the "Date of Grant"). Each RSU represents the contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs will vest on the first anniversary of the Date of Grant, provided that the RSUs shall become fully vested as of the day immediately preceding the next Annual Meeting, if sooner (the earlier of such dates, the "Vesting Date"). Vesting of the RSUs is subject in all cases to the Reporting Person's continuous service to the Company as a member of the Board of Directors from the Date of Grant through the Vesting Date. With respect to each vested RSU, the Reporting Person shall receive one share of Common Stock Share within 30 days following the date on which an RSU becomes vested.

2. The reported securities represent shares of common stock purchased by the reporting person under the directed share program in connection with the Issuer's initial public offering.

	/s/ Joe Maisto, as attorney-in-fact	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)