Air Industries Group (AIRI) director Buonanno gets 10,000 options at $3 strike

Rhea-AI Filing Summary

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.

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

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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^*

BUONANNO DAVID

(Last) (First) (Middle)

8213 BAY SHORE DRIVE WEST

(Street)

MARGATE CITY NJ 08402

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

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

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								4,803	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
Stock Option	$3	12/08/2025		A		10,000		(1)	11/30/2030	Common Stock	10,000	$0	10,000	D
Stock Option	$3.75							(2)	08/31/2029	Common Stock	10,000		10,000	D
Stock Option	$3.5							(2)	05/31/2028	Common Stock	1,000		1,000	D
Stock Option	$3.43							(2)	06/30/2028	Common Stock	2,160		2,160	D
Stock Option	$8.4							(2)	04/30/2027	Common Stock	1,000		1,000	D
Stock Option	$12.5							(2)	07/31/2026	Common Stock	100		100	D
Stock Option	$13.2							(2)	12/31/2027	Common Stock	1,000		1,000	D
Stock Option	$23.8							(2)	12/31/2026	Common Stock	1,000		1,000	D
Stock Option	$12.8							(2)	12/31/2025	Common Stock	1,000		1,000	D

Explanation of Responses:

1. 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.

2. Exercisable in full.

	/s/ David Buonanno	12/09/2025
	** 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).
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FAQ

What did Air Industries Group (AIRI) disclose in this Form 4?

The filing reports that director David Buonanno received a new stock option grant for 10,000 shares of common stock on 12/08/2025 at an exercise price of $3 per share, along with his updated holdings of common stock and options.

How many Air Industries Group (AIRI) options were newly granted and at what price?

David Buonanno was granted 10,000 stock options, each allowing him to purchase one share of Air Industries Group common stock at an exercise price of $3 per share.

What is the vesting schedule for the new Air Industries Group (AIRI) options?

The 10,000 new options vest in three tranches: 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026, and 2,500 shares on May 31, 2026.

How many Air Industries Group (AIRI) common shares does the director beneficially own?

Following the reported transaction, David Buonanno beneficially owns 4,803 shares of Air Industries Group common stock directly.

What other Air Industries Group (AIRI) stock options does the director hold?

In addition to the new grant, the filing lists several existing stock options on Air Industries Group common stock with various exercise prices, including $3.75, $3.5, $3.43, $8.4, $12.5, $13.2, $23.8, and $12.8, and expiration dates ranging from July 31, 2026 to August 31, 2029. These options cover amounts from 100 to 10,000 shares and are exercisable in full.

What is the latest expiration date among the reported Air Industries Group (AIRI) options?

The newly granted 10,000-share stock option has an expiration date of November 30, 2030, which is the latest expiration date listed in the filing.