Airgain CEO reports 2,070-share RSU tax sell at about $4
Rhea-AI Filing Summary
Airgain, Inc. insider filing: The company’s President and CEO, who is also a director, reported the sale of 2,070 shares of Airgain common stock on 11/24/2025. The shares were sold at a weighted average price of $3.9895 per share, in multiple trades within a price range of $3.9818 to $4.1129.
The filing explains that this was a “sell to cover” transaction, where shares were automatically sold to cover tax withholding obligations arising from the vesting and settlement of restricted stock units (RSUs). It states that the transaction was not a discretionary trade by the executive and was carried out under an instruction letter intended to satisfy the affirmative defense conditions of Rule 10b5-1.
After this transaction, the reporting person beneficially owns 309,628 shares of Airgain common stock, which includes RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,070 | $3.9895 | $8K |
Footnotes (1)
- The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units (RSUs). The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The Reporting Person has executed an instruction letter for the automatic sale of such "sell-to-cover" shares, intended to satisfy the affirmative defense conditions of Rule 10b5-1. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $3.9818 to $4.1129. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Includes RSUs.