AIR Global CFO Bassem Lotfy gets 4,569 stock units

Vesting is tied to a $12.50 closing-price condition or specified early-release events and requires continued employment through the vesting date.

Available on EDGAR 11/10/2026 - 04:06 PM EST Accepted by SEC EDGAR 11/10/2026 - 04:05 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

AIR Global PLC (AIIR) reported that Chief Financial Officer Bassem Lotfy received an award of 4,569 restricted stock units (RSUs) on November 6, 2026. Each RSU represents a contingent right to receive one ordinary share. The reported direct position following the award was 259,258 ordinary shares.

The RSUs vest upon the earlier of a closing price at or above $12.50 for 20 trading days during a consecutive 30-day period in the Earnout Period, or certain early-release events. These include a merger, consolidation or reorganization in which ordinary shares are exchanged for cash or registered publicly listed securities equal to or exceeding $12.50 per ordinary share. Continued employment through vesting is required; RSUs not vested by May 14, 2031 will be forfeited.

Insider Trade Summary

Grant/Award: 4,569 shares

Grant/Award 1 txn

Insider Lotfy Bassem

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares F1	4,569	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 259,258 shares (Direct)

Holdings Before and After: Ordinary Shares, 254,689 to 259,258 shares (Direct)

Footnotes (1)

1. F1. Represents an award of Restricted Stock Units ("RSU"), each of which represents a contingent right to receive one Ordinary Share. The RSUs will vest upon the earlier to occur of: (i) the closing price of the AIR Global PLC ordinary shares is at or above $12.50 for 20 trading days over a consecutive 30-day period during the Earnout Period, and (ii) certain early release events, including an AIR Global PLC merger, consolidation or reorganization in which the AIR Global PLC ordinary shares are converted or exchanged for the right to receive cash or registered publicly listed securities equal to or exceeding $12.50 per ordinary share, subject to the Reporting Person's continued employment through the vesting date. Any RSUs that have not vested by May 14, 2031 will be forfeited

Key Figures

RSUs awarded: 4,569 RSUs Direct position after award: 259,258 ordinary shares Closing-price vesting threshold: $12.50 per ordinary share +3 more

6 metrics

RSUs awarded 4,569 RSUs Awarded November 6, 2026; each represents a contingent right to receive one ordinary share

Direct position after award 259,258 ordinary shares Reported following the transaction

Closing-price vesting threshold $12.50 per ordinary share One stated RSU vesting condition

Trading days for price condition 20 trading days During a consecutive 30-day period in the Earnout Period

Price-condition period 30 days Consecutive period during the Earnout Period

Forfeiture date May 14, 2031 Unvested RSUs will be forfeited by this date

Key Terms

Restricted Stock Units, Earnout Period, early release events

3 terms

Restricted Stock Units financial

"award of Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Earnout Period financial

"during the Earnout Period"

early release events technical

"including a merger, consolidation or reorganization"

FAQ

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

How many RSUs did AIIR's CFO receive?

Chief Financial Officer Bassem Lotfy received 4,569 RSUs on November 6, 2026. Each RSU represents a contingent right to receive one AIR Global PLC ordinary share.

When do AIIR's RSUs vest, and when are unvested units forfeited?

The RSUs vest upon the earlier of the specified closing-price condition or certain early-release events, subject to continued employment through the vesting date. The price condition is a closing price at or above $12.50 for 20 trading days during a consecutive 30-day period in the Earnout Period. RSUs not vested by May 14, 2031 will be forfeited.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

Lotfy Bassem

(Last) (First) (Middle)

C/O AIR GLOBAL PLC, FESTIVAL OFFICE

TOWER, DUBAI FESTIVAL CITY, 7TH FLOOR

(Street)

DUBAI UNITED ARAB EMIRATES

(City) (State) (Zip)

UNITED ARAB EMIRATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AIR Global PLC [ AIIR ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026

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
Ordinary Shares	11/06/2026		A(1)		4,569	A	$0	259,258	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 an award of Restricted Stock Units ("RSU"), each of which represents a contingent right to receive one Ordinary Share. The RSUs will vest upon the earlier to occur of: (i) the closing price of the AIR Global PLC ordinary shares is at or above $12.50 for 20 trading days over a consecutive 30-day period during the Earnout Period, and (ii) certain early release events, including an AIR Global PLC merger, consolidation or reorganization in which the AIR Global PLC ordinary shares are converted or exchanged for the right to receive cash or registered publicly listed securities equal to or exceeding $12.50 per ordinary share, subject to the Reporting Person's continued employment through the vesting date. Any RSUs that have not vested by May 14, 2031 will be forfeited

	/s/ Mary-Ann Orr, as Attorney-in-Fact for Bassem Lotfy	11/10/2026
	** 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)