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Equity grants to Airgain (NASDAQ: AIRG) director Joan H. Gillman

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Airgain, Inc. director Joan H. Gillman received new equity awards as part of her compensation. On February 2, 2026, she was granted 7,257 shares of common stock in the form of restricted stock units at no cost, which all vest on February 2, 2027 if she continues serving the company.

She also received a stock option covering 12,660 shares of common stock with an exercise price of $4.27 per share, vesting 100% on February 2, 2027 and expiring on February 1, 2036. After these grants, she beneficially owns 43,991 shares of Airgain common stock, including RSUs, held directly.

Positive

  • None.

Negative

  • None.
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*
Gillman Joan H

(Last) (First) (Middle)
C/O AIRGAIN, INC.
3611 VALLEY CENTRE DRIVE, SUITE 150

(Street)
SAN DIEGO CA 92130

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AIRGAIN INC [ AIRG ]
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)
02/02/2026
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
Common Stock 02/02/2026 A 7,257(1) A $0 43,991(2) 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
Stock Option (Right to Buy) $4.27 02/02/2026 A 12,660 02/02/2027(3) 02/01/2036 Common Stock 12,660 $0 12,660 D
Explanation of Responses:
1. Represents restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock. 100% of the RSUs vest on February 2, 2027, subject to the Reporting Person's continued service to the Issuer through such vesting date.
2. Includes RSUs.
3. The option is exercisable as it vests. 100% of the shares subject to the option vest on the stated exercisable date, subject to the Reporting Person's continued service with the Issuer through such vesting date.
/s/ Michael Elbaz, as attorney-in-fact 02/04/2026
** 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.

FAQ

What equity awards did Airgain (AIRG) director Joan H. Gillman receive?

Joan H. Gillman received 7,257 restricted stock units and a stock option for 12,660 shares. Both awards were granted on February 2, 2026 and are part of her director compensation, with vesting tied to continued service at Airgain until early 2027.

When do Joan H. Gillman’s new Airgain (AIRG) RSUs and options vest?

Both the 7,257 restricted stock units and the 12,660-share stock option vest 100% on February 2, 2027. Vesting is contingent on Gillman’s continued service with Airgain through that date, aligning the awards with her longer-term commitment to the company.

What is the exercise price and term of Joan H. Gillman’s new Airgain stock option?

The new stock option covers 12,660 Airgain shares at an exercise price of $4.27 per share. It becomes fully exercisable on February 2, 2027 and remains outstanding until its stated expiration date of February 1, 2036, subject to standard service conditions.

How many Airgain (AIRG) shares does Joan H. Gillman own after these grants?

Following the February 2, 2026 grants, Joan H. Gillman beneficially owns 43,991 shares of Airgain common stock, including restricted stock units. This figure reflects her direct ownership position reported on the Form 4 after receiving the new RSU and option awards.

Were Joan H. Gillman’s new Airgain RSUs and options purchased on the open market?

No, the 7,257 RSUs and 12,660-share option were awarded at a price of $0 for the grant itself. The option has an exercise price of $4.27 per share, meaning payment is due only if she later chooses to exercise the option.
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Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
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United States
SAN DIEGO