Air Industries Group (AIRI) CFO receives 12,159 new RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
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)
- 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.