Airgain director exercises options for 7,832 shares

Airgain Inc director Arthur M. Toscanini exercised a fully vested stock option for 7,832 shares of common stock at an exercise price of $1.90 per share on May 19, 2026.

Accepted by SEC EDGAR 08/04/2026 - 05:06 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Airgain Inc director Arthur M. Toscanini exercised a fully vested stock option for 7,832 shares of common stock at an exercise price of $1.90 per share on May 19, 2026. The option position was reduced to zero, and his direct common stock holdings increased to 120,824 shares, which include restricted stock units.

Insider Trade Summary

7,832 shares exercised/converted

Exercise 2 txns

Insider Toscanini Arthur M.

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) F2	7,832	$0.00	$0.00
Exercise	Common Stock F1	7,832	$1.90	$15K

Holdings After Transaction: Stock Option (Right to Buy) — 0 options (Direct); Common Stock — 120,824 shares (Direct)

Footnotes (2)

1. F1. Include restricted stock units.
2. F2. The option is fully vested and exercisable.

Key Figures

Options Exercised: 7832.0000 shares Exercise Price: $1.9000 per share Post-Transaction Holdings: 120824.0000 shares +1 more

4 metrics

Options Exercised 7832.0000 shares Shares underlying stock options exercised on 2026-05-19

Exercise Price $1.9000 per share Exercise price of the stock option converted into common stock

Post-Transaction Holdings 120824.0000 shares Direct common stock holdings after the transactions, including restricted stock units

Option Expiration Date 2026-05-23 Expiration date of the fully vested option that was exercised

Key Terms

Stock Option (Right to Buy), restricted stock units, derivative security, fully vested and exercisable

4 terms

Stock Option (Right to Buy) financial

"The derivative security is titled "Stock Option (Right to Buy)"."

restricted stock units financial

"A footnote states: "Include 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.

derivative security financial

"Transaction code M is described as an exercise or conversion of a derivative security."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

fully vested and exercisable financial

"A footnote notes: "The option is fully vested and exercisable.""

FAQ

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

What insider transaction did Arthur M. Toscanini report for AIRG?

Arthur M. Toscanini reported exercising a stock option for 7,832 shares of Airgain Inc common stock at an exercise price of $1.90 per share on May 19, 2026, increasing his direct common holdings to 120,824 shares.

How many Airgain (AIRG) options did the director exercise and at what price?

He exercised options covering 7,832 shares of Airgain common stock at an exercise price of $1.90 per share. These options were fully vested and exercisable and were due to expire on May 23, 2026 before the exercise.

What are Arthur M. Toscanini’s Airgain (AIRG) holdings after this Form 4?

Following the reported transactions, Arthur M. Toscanini directly holds 120,824 shares of Airgain common stock. A footnote specifies that this post-transaction figure includes restricted stock units in addition to regular common shares.

Was the AIRG insider transaction made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, so the transactions are not reported as being executed under a Rule 10b5-1 trading plan. No footnote describes them as made pursuant to such a prearranged plan.

Did the Airgain (AIRG) director sell any shares in this Form 4?

No sale to the market is reported. The Form 4 shows a derivative exercise disposing of the option itself and a corresponding acquisition of 7,832 common shares, with total direct holdings rising to 120,824 shares.

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

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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^*

Toscanini Arthur M.

(Last) (First) (Middle)

C/O AIRGAIN, INC.

3611 VALLEY CENTRE DRIVE, SUITE 150

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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
Common Stock	05/19/2026		M		7,832	A	$1.9	120,824(1)	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)	$1.9	05/19/2026		M			7,832	(2)	05/23/2026	Common Stock	7,832	$0	0	D

Explanation of Responses:

1. Include restricted stock units.

2. The option is fully vested and exercisable.

	/s/ Michael Elbaz, as attorney-in-fact	08/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)