Welcome to our dedicated page for Air Industries SEC filings (Ticker: AIRI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Air Industries Group filings document material-event reporting for a Nevada aerospace and defense manufacturer with common stock listed on NYSE American under AIRI. The company’s Form 8-K disclosures cover financial results, preliminary results, executive departures and appointments, and amendments to its Loan and Security Agreement, including covenant waivers, maturity extensions and collateral arrangements.
Its regulatory record also addresses capital-structure matters such as common stock registration, debt obligations and at-the-market offering proceeds, along with governance, risk and shareholder-voting matters associated with corporate transactions and public-company reporting.
Air Industries Group director and 10% owner Michael N. Taglich reported an equity award and updated his holdings. On February 12, 2026, he acquired 12,159 restricted stock units (RSUs) for no cash cost, each representing one share of common stock at settlement.
The 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, and if no change in control occurs by the 18‑month anniversary, they settle at that time. After this grant, Taglich directly beneficially owns 455,843 shares of common stock, in addition to RSUs, stock options and convertible notes convertible into common stock as outlined in the filing.
Air Industries Group director and 10% owner Michael N. Taglich reported an equity award and updated his holdings. On February 12, 2026, he acquired 12,159 restricted stock units (RSUs) for no cash cost, each representing one share of common stock at settlement.
The 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, and if no change in control occurs by the 18‑month anniversary, they settle at that time. After this grant, Taglich directly beneficially owns 455,843 shares of common stock, in addition to RSUs, stock options and convertible notes convertible into common stock as outlined in the filing.
Brand Michael reported acquisition or exercise transactions in this Form 4 filing.
Air Industries Group director Michael Brand received an equity award in the form of restricted stock units. On 02/12/2026, he was granted 12,159 RSUs, each representing one share of common stock, with no cash paid per unit.
The RSUs vested upon grant and will be settled in shares on the later of the first anniversary of the award date or a qualifying change in control, and in any event by the eighteen-month anniversary if no change in control occurs. Following this award, Brand also holds common stock and several fully exercisable stock option positions shown as existing holdings.
Brand Michael reported acquisition or exercise transactions in this Form 4 filing.
Air Industries Group director Michael Brand received an equity award in the form of restricted stock units. On 02/12/2026, he was granted 12,159 RSUs, each representing one share of common stock, with no cash paid per unit.
The RSUs vested upon grant and will be settled in shares on the later of the first anniversary of the award date or a qualifying change in control, and in any event by the eighteen-month anniversary if no change in control occurs. Following this award, Brand also holds common stock and several fully exercisable stock option positions shown as existing holdings.
Air Industries Group director Michael Porcelain reported an equity award and updated holdings. On February 12, 2026, he acquired 60,791 restricted stock units, each representing one share of common stock, at a price of $0 per unit.
The 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, or otherwise on the 18‑month anniversary of the award date. Following this award, he directly beneficially owns 71,267 shares of common stock and holds several fully exercisable stock option positions with various strike prices and expirations.
Air Industries Group director Michael Porcelain reported an equity award and updated holdings. On February 12, 2026, he acquired 60,791 restricted stock units, each representing one share of common stock, at a price of $0 per unit.
The 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, or otherwise on the 18‑month anniversary of the award date. Following this award, he directly beneficially owns 71,267 shares of common stock and holds several fully exercisable stock option positions with various strike prices and expirations.
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.
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.
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.
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.
Air Industries Group director Peter Rettaliata reported an equity award and updated holdings. On 02/12/2026, he acquired 12,159 restricted stock units, each representing one share of common stock at a price of $0 per unit, classified as a grant or other acquisition. The 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, with settlement no later than 18 months after the award date. Following the reported transactions, he holds 27,152 shares of common stock directly, along with several fully exercisable stock option positions with various exercise prices and expirations.
Air Industries Group director Peter Rettaliata reported an equity award and updated holdings. On 02/12/2026, he acquired 12,159 restricted stock units, each representing one share of common stock at a price of $0 per unit, classified as a grant or other acquisition. The 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, with settlement no later than 18 months after the award date. Following the reported transactions, he holds 27,152 shares of common stock directly, along with several fully exercisable stock option positions with various exercise prices and expirations.
Air Industries Group president Luciano M. Melluzzo received a grant of 12,159 restricted stock units on February 12, 2026 as equity compensation. Each RSU represents one share of common stock and vested upon grant, with settlement scheduled for the later of the first anniversary of the award date or a qualifying change in control, or 18 months after the award date if no change in control occurs. The filing also reports previously granted RSUs from an August 26, 2024 award, with portions vesting or scheduled to vest in 2025, 2026 and 2027, as well as several fully exercisable stock option positions with exercise prices ranging from $3.43 to $13.9. Melluzzo additionally holds 42,199 shares of Air Industries Group common stock directly.
Air Industries Group president Luciano M. Melluzzo received a grant of 12,159 restricted stock units on February 12, 2026 as equity compensation. Each RSU represents one share of common stock and vested upon grant, with settlement scheduled for the later of the first anniversary of the award date or a qualifying change in control, or 18 months after the award date if no change in control occurs. The filing also reports previously granted RSUs from an August 26, 2024 award, with portions vesting or scheduled to vest in 2025, 2026 and 2027, as well as several fully exercisable stock option positions with exercise prices ranging from $3.43 to $13.9. Melluzzo additionally holds 42,199 shares of Air Industries Group common stock directly.
Air Industries Group is entering a transformative all‑stock merger with Tenax Aerospace Acquisition. Air will issue about 94.4 million shares of common stock, adjustable to roughly 112.5 million shares based on a debt-linked share price of about $3.44. After closing, Tenax members are expected to own approximately 95% of Air, with current Air shareholders holding about 5%, subject to stockholder approval of a charter amendment lifting authorized shares from 20 million to 200 million and approving the stock issuance.
The combined company, based on preliminary 2025 results, would have generated about $183.3 million of revenue and Adjusted EBITDA of roughly $65.0 million, with net debt near $380.0 million and expectations for 2026 revenue above $210.0 million and Adjusted EBITDA above $75.0 million. Protections for existing shareholders include a post‑closing tender offer for up to 1,000,000 shares at the debt‑adjusted share price if the pre‑closing trading price is lower, and a one‑year redemption right to sell shares back at 107.3% of that price if the stock underperforms. The deal includes mutual $1.25 million termination fees in certain scenarios and requires antitrust and other regulatory clearances.
Air Industries Group is entering a transformative all‑stock merger with Tenax Aerospace Acquisition. Air will issue about 94.4 million shares of common stock, adjustable to roughly 112.5 million shares based on a debt-linked share price of about $3.44. After closing, Tenax members are expected to own approximately 95% of Air, with current Air shareholders holding about 5%, subject to stockholder approval of a charter amendment lifting authorized shares from 20 million to 200 million and approving the stock issuance.
The combined company, based on preliminary 2025 results, would have generated about $183.3 million of revenue and Adjusted EBITDA of roughly $65.0 million, with net debt near $380.0 million and expectations for 2026 revenue above $210.0 million and Adjusted EBITDA above $75.0 million. Protections for existing shareholders include a post‑closing tender offer for up to 1,000,000 shares at the debt‑adjusted share price if the pre‑closing trading price is lower, and a one‑year redemption right to sell shares back at 107.3% of that price if the stock underperforms. The deal includes mutual $1.25 million termination fees in certain scenarios and requires antitrust and other regulatory clearances.
Air Industries Group reported preliminary unaudited results for the year ended December 31, 2025, showing a net loss of $(1,305,000) but positive Adjusted EBITDA of $4,347,000. Adjusted EBITDA is calculated by adding back interest expense, non-cash charges, and stock compensation to net income.
For 2025, the company added interest expense of $1,841,000, stock compensation expense of $1,047,000, depreciation of $2,696,000, and amortization of $68,000 to reconcile to Adjusted EBITDA. These figures are preliminary and unaudited, and the company plans to file its full Form 10-K after completing its regular year-end audit.
Air Industries Group reported preliminary unaudited results for the year ended December 31, 2025, showing a net loss of $(1,305,000) but positive Adjusted EBITDA of $4,347,000. Adjusted EBITDA is calculated by adding back interest expense, non-cash charges, and stock compensation to net income.
For 2025, the company added interest expense of $1,841,000, stock compensation expense of $1,047,000, depreciation of $2,696,000, and amortization of $68,000 to reconcile to Adjusted EBITDA. These figures are preliminary and unaudited, and the company plans to file its full Form 10-K after completing its regular year-end audit.
Air Industries Group insider Michael N. Taglich filed Amendment No. 4 to his beneficial ownership report, showing control over 682,475 shares of common stock, representing 14.3% of the company’s outstanding shares based on 4,775,777 shares as of November 11, 2025.
The position includes shares already held, 23,620 shares issuable from options and warrants, and 203,012 shares issuable upon conversion of convertible notes. The amendment reflects changes since February 5, 2025, including shares received in lieu of director fees, option grants and expirations, note repayments, and transactions involving Taglich Brothers, Inc.