Airgain CEO exercises options, sells 4,573 shares
Airgain Inc. President and CEO Jacob Suen reported an exercise-and-sell transaction involving company common stock.
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Form Type
4
Rhea-AI Filing Summary
Airgain Inc. President and CEO Jacob Suen reported an exercise-and-sell transaction involving company common stock. He exercised employee stock options for 4,573 shares at $1.9000 per share, from a grant received on May 24, 2016 under the 2013 Equity Incentive Plan that was approaching its May 2026 expiration.
The same day, he completed an open-market block trade selling 4,573 shares of common stock at a weighted-average price of $6.5107 per share. Following these transactions, Suen directly holds 281,431 shares of Airgain common stock. The reported stock option grant is now fully exercised with no remaining derivative position from this award.
Insider Trade Summary
Exercise and Sale: 4,573 shares ($21K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
SUEN JACOB
Role
President and CEO
Sold
4,573 shs ($30K)
Approx. gross sale proceeds
$30K
Approx. exercise cost
$9K
Approx. pre-tax spread
$21K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 4,573 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,573 | $1.90 | $9K |
| Sale | Common Stock | 4,573 | $6.5107 | $30K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 281,431 shares (Direct)
Footnotes (4)
- F1. This Form 4 reports the exercise of employee stock options by the reporting person that were granted approximately 10 years ago and that would otherwise expire in May 2026 if not exercised during the issuer's current trading window for insiders.
- F2. Includes Restricted Stock Units.
- F3. Represents a weighted average sales price per share calculated by the broker executing the sales. These shares were sold as part of a block trade in multiple transactions, and the Reporting Person undertakes to provide to the issuer, any security holder of the Issuer or the SEC staff, upon request, full information regarding the number of shares sold at each separate sales price.
- F4. The reporting person received the stock options on May 24, 2016 pursuant to an award under the 2013 Equity Incentive Plan. The shares subject to the option are fully vested and exercisable.
Key Figures
Shares sold: 4,573 shares
Sale price: $6.5107 per share
Options exercised: 4,573 shares
+5 more
8 metrics
Shares sold
4,573 shares
Common stock sold in open-market block trade on May 13, 2026
Sale price
$6.5107 per share
Weighted-average sales price for 4,573 sold shares
Options exercised
4,573 shares
Employee stock options converted into common stock
Option exercise price
$1.9000 per share
Strike price for exercised employee stock options
Shares held after transaction
281,431 shares
Direct common stock ownership following transactions
Options remaining from this grant
0 shares
Derivative position after exercise of 4,573-stock option grant
Option grant date
May 24, 2016
Date options were granted under 2013 Equity Incentive Plan
Option expiration date
May 23, 2026
Scheduled expiration for exercised stock options
Key Terms
employee stock options, Restricted Stock Units, block trade, 2013 Equity Incentive Plan, +1 more
5 terms
employee stock options financial
"This Form 4 reports the exercise of employee stock options by the reporting person..."
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
Restricted Stock Units financial
"Includes 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.
block trade financial
"These shares were sold as part of a block trade in multiple transactions..."
A block trade is a large, privately arranged sale or purchase of a company's shares or bonds between big investors, often negotiated to avoid upsetting the public market price. Think of it like selling a truckload of goods directly to one buyer instead of unloading it on a busy street — it moves a lot of supply at once and can signal shifting demand, affect immediate liquidity, and influence short-term stock prices.
2013 Equity Incentive Plan financial
"The reporting person received the stock options on May 24, 2016 pursuant to an award under the 2013 Equity Incentive Plan."
trading window for insiders regulatory
"...if not exercised during the issuer's current trading window for insiders."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Airgain (AIRG) CEO Jacob Suen report?
Jacob Suen exercised stock options for 4,573 Airgain shares at $1.9000 and sold 4,573 shares at a weighted-average price of $6.5107 in an open-market block trade, according to the Form 4 filing.
What stock options did Jacob Suen exercise in the Airgain (AIRG) Form 4?
Suen exercised employee stock options covering 4,573 shares of Airgain common stock at a $1.9000 exercise price. The options were granted on May 24, 2016 under the 2013 Equity Incentive Plan and would have expired in May 2026.
Was the option grant in the Airgain (AIRG) Form 4 fully exercised?
Yes. The Form 4 shows 4,573 options on Airgain common stock exercised, leaving 0 derivative shares from that grant outstanding. Footnotes state these options were fully vested and exercisable before their scheduled May 2026 expiration.
What plan governed the options in Jacob Suen’s Airgain (AIRG) transaction?
The options exercised by Jacob Suen were granted under Airgain’s 2013 Equity Incentive Plan. Footnotes specify he received these stock options on May 24, 2016, that they were fully vested and exercisable, and were nearing expiration in May 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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