STOCK TITAN

Director at Air Industries Group (AIRI) granted 12,159 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Air Industries Group director David Buonanno received a grant of 12,159 restricted stock units (RSUs) on February 12, 2026. Each RSU represents one share of common stock and vested upon grant, but will be settled in shares on the later of the first anniversary of the award date or a qualifying change in control, or at 18 months if no such event occurs. Following this award, he also directly holds 4,803 shares of common stock and several fully exercisable stock options with various exercise prices and expiration dates.

Positive

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Negative

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Insider BUONANNO DAVID
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 12,159 $0.00 --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 12,159 shares (Direct); Stock Option — 10,000 shares (Direct); Common Stock — 4,803 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. 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. 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
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*
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)
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 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
Restricted Stock Units (1) 02/12/2026 A 12,159 (1) (1) Common Stock 12,159 $0 12,159 D
Stock Option $3 (2) 11/30/2030 Common Stock 10,000 10,000 D
Stock Option $3.75 (3) 08/31/2029 Common Stock 10,000 10,000 D
Stock Option $3.5 (3) 05/31/2028 Common Stock 1,000 1,000 D
Stock Option $3.43 (3) 06/30/2028 Common Stock 2,160 2,160 D
Stock Option $8.4 (3) 04/30/2027 Common Stock 1,000 1,000 D
Stock Option $12.5 (3) 07/31/2026 Common Stock 100 100 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
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. 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.
/s/ David Buonanno 02/16/2026
** 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 did Air Industries Group (AIRI) disclose in this Form 4 for David Buonanno?

Air Industries Group reported that director David Buonanno received a grant of 12,159 restricted stock units on February 12, 2026. The filing also lists his directly held common shares and multiple stock option positions with different exercise prices and expiration dates.

How many restricted stock units did AIRI director David Buonanno receive?

Director David Buonanno was granted 12,159 restricted stock units (RSUs). Each RSU entitles him to receive one share of Air Industries Group common stock at settlement, subject to the timing rules set out in the award’s settlement provisions and change in control conditions.

When will David Buonanno’s AIRI restricted stock units be settled into shares?

The 12,159 RSUs vested upon grant but will be settled in shares on the later of the first anniversary of the award date or a qualifying change in control. If no such change occurs within 18 months, settlement occurs at the eighteen‑month anniversary.

What common stock and options does David Buonanno hold in Air Industries Group (AIRI)?

After the reported transactions, David Buonanno directly holds 4,803 shares of common stock and several stock option grants. These options cover different numbers of common shares, with exercise prices such as $3.00, $3.75, and others, and various expiration dates extending through 2030.

Is the RSU grant to AIRI director David Buonanno an open market stock purchase?

No. The 12,159 RSUs are described as a grant or award, not an open market purchase. They represent equity-based compensation that converts to common stock at settlement, following the vesting and timing conditions specified in the award’s settlement mechanics.

Do David Buonanno’s Air Industries stock options have vesting conditions?

Some options are noted as “exercisable in full”, indicating they are fully vested. One grant vests in tranches of 5,000, 2,500, and 2,500 shares on specified dates in late 2025 and early 2026, reflecting a scheduled vesting pattern over several months.