AIAI (AIAI) CFO trades 38,503 shares and receives 33,422-share grant

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

AIAI Holdings Corp EVP/CFO Stephanie Liebman reported both sales and a stock grant of Class A Common Stock. On May 14, 2026, she completed open-market sales totaling 38,503 shares at prices of $14.6700, $13.0800, and $12.0000 per share. On May 15, 2026, she received a grant/award of 33,422 shares at no cost. After these transactions, she directly held 187,436 shares of AIAI Class A Common Stock.

Insights

CFO sold shares in the market but also received a sizable stock grant.

AIAI Holdings Corp EVP/CFO Stephanie Liebman executed open-market sales of a total of 38,503 shares of Class A Common Stock on May 14, 2026, at prices of $14.6700, $13.0800, and $12.0000 per share. These are discretionary sales, which generally carry more information content than automatic tax withholdings or gifts.

The next day, on May 15, 2026, she acquired 33,422 shares via a grant/award at $0.0000 per share, reflecting equity-based compensation rather than a market purchase. After all reported transactions, she directly owned 187,436 shares, indicating she retains a substantial equity stake.

Because the filing shows no derivative positions in the derivativeSummary and no footnote qualifiers about indirect holdings or trading plans, this snapshot reflects straightforward direct holdings and routine executive equity activity. The net effect is a shift in her position but not an outsized change relative to her remaining stake.

Insider Trade Summary

Net Seller: 38,503 shares ($522,239)

Net Sell 4 txns

Insider Liebman Stephanie

Role EVP/CFO

Sold 38,503 shs ($522K)

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	33,422	$0.00	--
Sale	Class A Common Stock	10,000	$12.00	$120K
Sale	Class A Common Stock	10,000	$13.08	$131K
Sale	Class A Common Stock	18,503	$14.67	$271K

Holdings After Transaction: Class A Common Stock — 187,436 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 38,503 shares Sale prices: $14.6700, $13.0800, $12.0000/share Shares granted: 33,422 shares +2 more

5 metrics

Shares sold 38,503 shares Open-market sales of Class A Common Stock on May 14, 2026

Sale prices $14.6700, $13.0800, $12.0000/share Prices for individual open-market sale transactions

Shares granted 33,422 shares Grant/award acquisition on May 15, 2026 at $0.0000/share

Grant price $0.0000/share Transaction price per share for the stock award

Shares held after 187,436 shares Direct Class A Common Stock holdings following all transactions

Key Terms

Class A Common Stock, open-market sale, grant/award acquisition, non-derivative, +1 more

5 terms

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

non-derivative financial

"transaction_type: "non-derivative""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 05:04 PM

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^*

Liebman Stephanie

(Last)

(First)

(Middle)

17304 PRESTON ROAD, SUITE 410

(Street)

DALLAS

TEXAS

75205

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AIAI Holdings Corp [ AIAI ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/14/2026		S		10,000	D	$12	182,517	D
Class A Common Stock	05/14/2026		S		10,000	D	$13.08	172,517	D
Class A Common Stock	05/14/2026		S		18,503	D	$14.67	154,014	D
Class A Common Stock	05/15/2026		A		33,422	A	$0	187,436	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/ Stephanie Liebman	05/18/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did AIAI EVP/CFO Stephanie Liebman report on this Form 4 for AIAI?

Stephanie Liebman reported open-market sales of 38,503 AIAI Class A Common Stock shares on May 14, 2026, at prices of $14.6700, $13.0800, and $12.0000, and received a grant of 33,422 shares on May 15, 2026, at no cost.

How many AIAI Holdings (AIAI) shares did the CFO sell and at what prices?

The CFO sold a total of 38,503 AIAI Class A Common Stock shares on May 14, 2026. Individual trades occurred at $14.6700, $13.0800, and $12.0000 per share, reflecting multiple open-market sale transactions disclosed in the Form 4 filing.

What stock award did AIAI CFO Stephanie Liebman receive in this Form 4 filing?

Stephanie Liebman received a grant or award acquisition of 33,422 shares of AIAI Class A Common Stock on May 15, 2026. The transaction price per share was reported as $0.0000, indicating this was equity-based compensation rather than a market purchase.

How many AIAI (AIAI) shares does the CFO hold after the reported transactions?

After the reported sales and the subsequent stock grant, Stephanie Liebman directly holds 187,436 shares of AIAI Class A Common Stock. This figure reflects her position following all non-derivative transactions disclosed in this particular Form 4 filing.

Does this AIAI Form 4 show any derivative securities for the CFO?

No, the Form 4’s derivative summary is empty, indicating no reported derivative securities such as options or warrants for Stephanie Liebman in this filing. All disclosed transactions involve non-derivative Class A Common Stock only, simplifying the insider’s equity exposure snapshot.

Is the AIAI CFO’s Form 4 activity mainly buying or selling AIAI stock?

The activity combines both selling and acquiring. The CFO executed open-market sales totaling 38,503 shares but also acquired 33,422 shares through a stock grant. Overall, this represents net selling but with a continued sizable direct holding after the transactions.