Airgain (AIRG) CTO executes 14,638-share tax-related sale under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Airgain Inc.’s Chief Technology Officer Ali Sadri reported routine insider sales tied to tax withholding. He sold a total of 14,638 shares of common stock in open‑market transactions on March 20 and March 23, 2026, at prices between about $4.12 and $5.00 per share. The filing explains these sales were executed to cover tax obligations from vesting and settlement of restricted stock units through an automatic “sell to cover” arrangement, rather than discretionary trading. The transactions were carried out under a pre‑established Rule 10b5‑1 trading plan. After these sales, Sadri directly holds 125,263 shares of Airgain common stock, which the filing notes includes RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 14,638 shares ($61,178)
Net Sell
2 txns
Insider
Sadri Ali
Role
Chief Technology Officer
Sold
14,638 shs ($61K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $5.00 | $5K |
| Sale | Common Stock | 13,638 | $4.1192 | $56K |
Holdings After Transaction:
Common Stock — 125,263 shares (Direct)
Footnotes (1)
- The sale reported in this column 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 calculated by the broker executing the sell to cover transactions. 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. Includes RSUs. The sales reported in this column were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on Auguest 13, 2025.
FAQ
What insider transaction did Airgain (AIRG) disclose for Ali Sadri?
Airgain disclosed that CTO Ali Sadri sold 14,638 common shares. The shares were sold in two open‑market transactions on March 20 and March 23, 2026, at prices between about $4.12 and $5.00 per share, primarily to cover tax withholding on vested RSUs.
Were Ali Sadri’s Airgain (AIRG) stock sales pre‑planned under Rule 10b5‑1?
Yes. The filing states the sales occurred under a Rule 10b5‑1 plan. It notes a trading plan was established on August 13, 2025, and the sell‑to‑cover transactions were executed automatically pursuant to that plan, reinforcing their routine and pre‑scheduled nature.