[Form 4] AIR INDUSTRIES GROUP Insider Trading Activity
Air Industries Group director Michael Porcelain reported an equity award and updated holdings.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Air Industries Group director Michael Porcelain reported an equity award and updated holdings. On February 12, 2026, he acquired 60,791 restricted stock units, each representing one share of common stock, at a price of $0 per unit.
The RSUs vested upon grant and will be settled on the later of the first anniversary of the award date or a qualifying change in control, or otherwise on the 18‑month anniversary of the award date. Following this award, he directly beneficially owns 71,267 shares of common stock and holds several fully exercisable stock option positions with various strike prices and expirations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 60,791 | $0.00 | $0.00 |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.
- F2. 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.
- F3. Exercisable in full.
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