Aeries (AERT) Form 4: 125,000 RSUs Converted and Vested for Director

Rhea-AI Filing Summary

Alok Kochhar, a director of Aeries Technology, Inc. (AERT), was granted 125,000 restricted stock units on 09/09/2025 that vested in full on the grant date. The restricted stock units convert one-for-one into Class A ordinary shares of Aeries Technology, par value $0.0001, and the filing reports 125,000 Class A ordinary shares beneficially owned following the transaction in a direct ownership form. The reported transaction code is A with a reported price of $0, indicating issuance as compensation rather than an open-market purchase. The Form 4 was executed on behalf of Mr. Kochhar by an attorney-in-fact and signed on 09/11/2025. The filing includes a power of attorney exhibit.

Positive

• Clear disclosure of director equity issuance and resulting beneficial ownership
• All 125,000 RSUs vested and converted on the grant date, eliminating future vesting uncertainty

Negative

• Immediate vesting removes a retention incentive that typically aligns director incentives with long-term shareholder interests
• No explanatory context (e.g., reason for immediate vesting or board approval details) is provided in the filing

Insights

Corporate Governance Expert

TL;DR: Director received fully vested compensation shares on the grant date, increasing direct ownership by 125,000 Class A shares.

The filing documents a director-level equity grant structured as restricted stock units that converted to Class A ordinary shares one-for-one and vested immediately on 09/09/2025. Immediate vesting is notable for governance review because it removes typical retention incentives and may reflect pre-agreed compensation terms or special circumstances; the Form 4 shows the resulting 125,000 shares are held directly. The inclusion of a power of attorney confirms procedural execution. The filing does not state broader board approvals or rationale, so governance implications are limited to the disclosed issuance.

Securities Analyst

TL;DR: Routine insider compensation disclosure; 125,000 shares issued at $0 increases insider share count but contains no transaction proceeds.

From a securities-disclosure perspective, this Form 4 reports a non-cash issuance (price $0, code A) of restricted stock units converting to Class A shares and vesting on the grant date. The result is an increase in shares beneficially owned by the reporting person to 125,000 direct shares. There are no derivative instruments or cash proceeds disclosed, and no additional financial metrics are provided, so the immediate market impact depends on context not included in this filing.

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

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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^*

Kochhar Alok

(Last) (First) (Middle)

C/O AERIES TECHNOLOGY, INC. 60 PAYA

LEBAR ROAD, #08-13 PAYA LEBAR SQUARE

(Street)

SINGAPORE U0 409051

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Aeries Technology, Inc. [ AERT ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

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

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

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

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
Class A Ordinary Shares(1)	09/09/2025		A(1)		125,000	A	$0	125,000	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. Represents restricted stock units granted to the Reporting Person on September 9, 2025 (the "Grant Date"), which convert to Class A ordinary shares, par value $0.0001, of Aeries Technology, Inc. on a one-for-one basis, and which vested in full on the Grant Date.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney.

	/s/ Daniel S. Webb, as attorney-in-fact for Alok Kochhar	09/11/2025
	** 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.

FAQ

How many shares did Alok Kochhar receive according to the Form 4 for AERT?

The Form 4 reports 125,000 restricted stock units that converted to Class A ordinary shares, resulting in 125,000 shares beneficially owned following the transaction.

What was the transaction date and vesting status for the AERT grant?

The transaction (grant and conversion) date was 09/09/2025 and the restricted stock units vested in full on the Grant Date.

What price was reported for the securities in the AERT Form 4?

The Form 4 reports a price of $0, indicating the shares were issued as compensation rather than purchased for cash.

What ownership form and reporting code are shown on the AERT Form 4?

Ownership is reported as Direct (D) and the transaction code shown is A.

Who signed or filed the Form 4 for Alok Kochhar?

The Form 4 was signed by Daniel S. Webb as attorney-in-fact for Alok Kochhar on 09/11/2025 and the filing lists an Exhibit 24.1 power of attorney.