Air Industries Group (AIRI) CFO receives 12,159 new RSUs in equity grant

Rhea-AI Filing Summary

Air Industries Group Chief Financial Officer Scott Glassman reported an equity award on February 12, 2026. He acquired 12,159 restricted stock units (RSUs) at a price of $0 per unit as a grant or award. Each RSU represents the right to receive one share of common stock at settlement.

The new 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, but no later than 18 months after the award date. Following this grant, Glassman directly holds 12,159 RSUs from this award, 40,854 RSUs from a prior award, stock options over several blocks of shares, and 11,982 shares of common stock.

Insider Trade Summary

8 transactions reported

Mixed 8 txns

Insider Glassman Scott

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	12,159	$0.00	--
holding	Restricted Stock Units	--	--	--
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 12,159 shares (Direct); Stock Options — 5,000 shares (Direct); Common Stock — 11,982 shares (Direct)

Footnotes (1)

1. 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. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This award was granted on August 26, 2024. 20,427 restricted stock units subject to the award vested on April 1, 2025, and 20,427 restricted stock units are scheduled to vest on each of April 1, 2026 and April 1, 2027, assuming continued employment through the applicable vesting date. Fully vested.

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Glassman Scott

(Last) (First) (Middle)

1460 FIFTH AVE

(Street)

BAYSHORE NY 11706

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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								11,982	D

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
Restricted Stock Units	(1)	02/12/2026		A		12,159		(1)	(1)	Common Stock	12,159	$0	12,159	D
Restricted Stock Units	(2)							(3)	(3)	Common Stock	40,854		40,854	D
Stock Options	$3.5							(4)	05/31/2028	Common Stock	5,000		5,000	D
Stock Options	$3.43							(4)	06/30/2028	Common Stock	4,100		4,100	D
Stock Options	$8.4							(4)	03/31/2027	Common Stock	3,000		3,000	D
Stock Options	$12.2							(4)	07/31/2026	Common Stock	2,000		2,000	D
Stock Options	$13.9							(4)	03/31/2026	Common Stock	2,250		2,250	D

Explanation of Responses:

1. 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.

2. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

3. This award was granted on August 26, 2024. 20,427 restricted stock units subject to the award vested on April 1, 2025, and 20,427 restricted stock units are scheduled to vest on each of April 1, 2026 and April 1, 2027, assuming continued employment through the applicable vesting date.

4. Fully vested.

	/s/ Scott Glassman	02/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did AIR INDUSTRIES GROUP (AIRI) report for its CFO?

Air Industries Group reported that CFO Scott Glassman received a grant of 12,159 restricted stock units on February 12, 2026. These RSUs were awarded at a price of $0 per unit as part of his equity compensation package and vest immediately, subject to settlement conditions.

How many restricted stock units did the AIRI CFO hold after the latest grant?

After the February 12, 2026 grant, CFO Scott Glassman directly holds 12,159 RSUs from the new award and 40,854 RSUs from a prior award. Each restricted stock unit represents the right to receive one share of Air Industries Group common stock upon settlement under the award terms.

What are the vesting and settlement terms for the new AIRI RSU grant?

The 12,159 RSUs granted to the Air Industries Group CFO vested upon grant. They will be settled on the later of the first anniversary of the award date or a qualifying change in control, but in any case no later than 18 months after the award date under the agreement.

What other equity awards does the AIRI CFO hold besides the new RSUs?

In addition to the 12,159 new RSUs, the Air Industries Group CFO holds 40,854 RSUs from an earlier grant and several blocks of fully vested stock options. He also directly owns 11,982 shares of common stock, reflecting a mix of time-based and option-based equity incentives.

When was the prior large RSU award to the AIRI CFO originally granted?

The earlier RSU award referenced in the filing was granted on August 26, 2024. Under that award, 20,427 RSUs vested on April 1, 2025, and an additional 20,427 RSUs are scheduled to vest on each of April 1, 2026 and April 1, 2027, assuming continued employment.