Air Industries SEC Filings

Air Industries Group insider holdings were updated in a Form 4 filed by director and 10% owner Robert F. Taglich. On December 8, 2025, he was granted stock options for 10,000 shares of common stock at an exercise price of $3 per share, vesting 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026, and 2,500 shares on May 31, 2026.

Following the reported transactions, Taglich beneficially owns 275,739 shares of common stock directly and 23,995 shares indirectly through Taglich Brothers, Inc. He also reports multiple option grants with exercise prices ranging from $3.43 to $23.8 per share, and several 6% convertible notes maturing on July 1, 2026 that are convertible into 50,772, 110,323, and 7,812 shares of common stock, including accrued interest through December 31, 2020.

Air Industries Group director and 10% owner updates insider holdings

AIR INDUSTRIES GROUP (AIRI) director and 10% owner Michael N. Taglich reported changes in his beneficial ownership as of December 8, 2025. He now directly holds 443,845 shares of common stock and indirectly holds 23,995 shares through Taglich Brothers, Inc., where he is Chairman and President.

He acquired 10,000 stock options with a $3 exercise price, which vest as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026. The filing also lists previously granted stock options with exercise prices ranging from $3.43 to $23.8, and several 6% convertible notes that are convertible into common stock, reflecting additional potential equity exposure linked to accrued interest through December 31, 2020.

Air Industries Group director Peter Rettaliata reported equity holdings and a new stock option grant. As of the reported transactions, he directly owned 27,152 shares of Air Industries Group common stock. On 12/08/2025, he was granted 10,000 stock options with a $3 exercise price. These options vest as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026, and 2,500 shares on May 31, 2026. The filing also lists several other previously granted stock options with exercise prices ranging from $3.43 to $23.8 and expiration dates between 2025 and 2030, all held directly.

Air Industries Group director reports stock and option holdings

A director of Air Industries Group (AIRI) filed a Form 4 reporting beneficial ownership of 66,667 shares of common stock. On 12/08/2025, the director received stock options for 10,000 shares of common stock at an exercise price of $3 per share. According to the disclosure, these options vest as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026, and are exercisable until 11/30/2030. The filing also lists several additional option grants with exercise prices ranging from $3.43 to $23.8 per share and expirations between 2025 and 2030, all held in direct ownership.

Air Industries Group director David Buonanno reported a new stock option grant on Form 4. On 12/08/2025, he received options to buy 10,000 shares of common stock at an exercise price of $3 per share. According to the vesting schedule, 5,000 shares vest on December 31, 2025, 2,500 shares vest on February 28, 2026, and 2,500 shares vest on May 31, 2026.

After this transaction, he beneficially owns 4,803 shares of common stock and multiple stock option awards with different exercise prices and expiration dates, including options expiring between July 31, 2026 and November 30, 2030. All of the previously listed option grants are exercisable in full.

Air Industries Group director reported a new stock option award on a Form 4. On December 8, 2025, the director acquired 10,000 stock options with an exercise price of $3 per share, each option relating to one share of common stock and expiring on November 30, 2030. The award vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026, and 2,500 shares on May 31, 2026. The filing also lists several previously granted stock options with exercise prices ranging from $3.43 to $23.8 and expirations between 2025 and 2029, all shown as held directly.

Air Industries Group reported an amended insider stock grant for one of its directors. The Form 4/A corrects a prior filing for an equity award originally reported on 10/22/2025. The director received a grant of 4,443 shares of common stock at a price of $3.22 per share under the company’s equity plan, and now beneficially owns 66,667 shares directly after this transaction. The explanation notes that this amendment adjusts the number of shares granted from 3,823 to 4,443 to accurately reflect the equity plan award.

Air Industries Group reported financial results for the three and nine months ended September 30, 2025 and announced a conference call to discuss the results. The call is scheduled for Monday, November 17, 2025 at 8:00 AM Eastern Time, accessible at 877-524-8416, with a replay available at www.airindustriesgroup.com. The press release is furnished as Exhibit 99.1. The company states this information is furnished, not filed, under the Exchange Act.

Air Industries Group filed its quarterly report, highlighting softer sales but improved margins and a going concern warning tied to near-term debt maturities and covenant issues.

For Q3 2025, net sales were $10.309 million versus $12.555 million a year ago, while gross margin rose to 22.3% from 15.5%. Net loss narrowed to $44,000 from $404,000 as cost reductions and mix improved profitability. Year to date, sales were $35.111 million versus $40.188 million, with a net loss of $1.454 million.

Liquidity remains tight: cash was $126,000 with $3.93 million in restricted cash. Total debt was $28.645 million, including a revolver of $15.838 million and term loan of $6.118 million. The credit facility expires on December 30, 2025, and related party notes mature on July 1, 2026. Management disclosed “substantial doubt” about continuing as a going concern given expirations and covenant defaults, despite ongoing refinancing discussions. Backlog was $131.8 million, with total unfilled contract values of $269.0 million. A prior IT controls material weakness remains unremediated.