Air Industries (AIRI) director Taglich shifts holdings with 11,998-share buy

Rhea-AI Filing Summary

Air Industries Group director and 10% owner Michael N. Taglich reported a change in his holdings of AIRI common stock on January 5, 2026. At a price of $2.84 per share, Taglich acquired 11,998 common shares in a transaction coded "J", and held 455,843 common shares directly after this trade.

Footnotes explain that Taglich Brothers, Inc., where he is Chairman and President, sold 11,998 shares to him and 11,998 shares to Robert Taglich, and that an entity associated with him disposed of 23,996 indirectly held shares, leaving him with no indirectly owned common stock after the transaction.

Taglich also reports derivative holdings, including several stock options on AIRI common stock with exercise prices ranging from $3.00 to $23.80 and expiration dates between 2026 and 2030, some of which vest in stages through May 31, 2026. In addition, he holds 6% convertible notes due July 1, 2026, which are convertible into 84,877, 110,323, and 7,812 common shares, reflecting principal and accrued interest through December 31, 2020.

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

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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^*

TAGLICH MICHAEL N

(Last) (First) (Middle)

C/O TAGLICH BROTHERS, INC.

37 MAIN STREET

(Street)

COLD SPRING HARBOR NY 11724

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AIR INDUSTRIES GROUP [ AIRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/05/2026		J(1)		11,998	A	$2.84	455,843	D
Common Stock	01/05/2026		J(1)		23,996	D	$2.84	0	I	See Note(1)

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 Options	$3							(2)	11/30/2030	Common Stock	10,000		10,000	D
Stock Options	$3.75							(3)	08/31/2029	Common Stock	10,000		10,000	D
Stock Options	$3.5							(3)	05/31/2028	Common Stock	1,000		1,000	D
Stock Options	$3.43							(3)	06/30/2028	Common Stock	2,120		2,120	D
Stock Option	$8.4							(3)	04/30/2027	Common Stock	1,000		1,000	D
Stock Option	$13.2							(3)	12/31/2027	Common Stock	1,000		1,000	D
Stock Option	$23.8							(3)	12/31/2026	Common Stock	1,000		1,000	D
Convertible Notes(4)	$15							09/30/2018	07/01/2026	Common Stock	84,877(5)		$1,273,157(5)	D
Convertible Notes	$9.3							01/15/2019	07/01/2026	Common Stock	110,323(5)		$1,026,000(5)	D
Convertible Notes	$15							09/30/2018	07/01/2026	Common Stock	7,812(5)		$117,166(5)	D

Explanation of Responses:

1. Taglich Brothers, Inc., of which the Reporting Person is Chairman and President, sold 11,998 shares to the Reporting Person and 11,998 shares to Robert Taglich.

2. 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.

3. Exercisable in full.

4. Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes and includes unpaid interest through December 31, 2020.

5. Includes accrued interest on the Notes through December 31, 2020 and the shares that would be issued upon conversion for the interest accrued through December 31, 2020. Does not include shares to be issued upon conversion for interest accrued after December 31, 2020.

	/s/ Michael N. Taglich	01/21/2026
	** 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.

FAQ

What insider transaction did Michael N. Taglich report for AIRI?

Michael N. Taglich reported a Form 4 transaction dated January 5, 2026, showing that he acquired 11,998 shares of Air Industries Group common stock at $2.84 per share in a transaction coded "J".

How many AIRI shares does Michael N. Taglich own after this Form 4?

After the reported transaction, Michael N. Taglich beneficially owned 455,843 shares of Air Industries Group common stock directly and no shares indirectly, as his indirectly held common stock was reduced to zero.

What role does Michael N. Taglich have at Air Industries Group (AIRI)?

Michael N. Taglich is reported as both a Director and a 10% Owner of Air Industries Group, indicating a significant ownership position and board-level involvement with the company.

How is Taglich Brothers, Inc. involved in this AIRI insider transaction?

According to a footnote, Taglich Brothers, Inc., where Michael N. Taglich is Chairman and President, sold 11,998 shares to him and 11,998 shares to Robert Taglich, and an entity associated with him disposed of 23,996 indirectly held shares.

What stock options on AIRI does Michael N. Taglich hold?

Michael N. Taglich holds several stock options on Air Industries Group common stock with exercise prices between $3.00 and $23.80 and expiration dates from December 31, 2026 to November 30, 2030, including one grant vesting in tranches through May 31, 2026.

What convertible notes tied to AIRI common stock does Michael N. Taglich report?

He reports 6% convertible notes that are convertible into 84,877, 110,323, and 7,812 shares of Air Industries Group common stock, with a July 1, 2026 maturity, reflecting principal and accrued interest through December 31, 2020.

Does this AIRI Form 4 show any 10b5-1 trading plan for Michael N. Taglich?

The Form 4 includes a reference to a checkbox for trades under a Rule 10b5-1(c) trading plan, but the provided content does not indicate that this box was selected for the reported transactions.