14.3% Air Industries (AIRI) stake disclosed by Michael N. Taglich
Rhea-AI Filing Summary
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.
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FAQ
What ownership stake does Michael N. Taglich report in Air Industries Group (AIRI)?
Michael N. Taglich reports beneficial ownership of 682,475 shares of Air Industries Group common stock, representing 14.3% of the outstanding shares. This percentage is calculated based on 4,775,777 shares reported outstanding as of November 11, 2025.
What does Amendment No. 4 to the Schedule 13D for Air Industries Group (AIRI) cover?
Amendment No. 4 updates Michael N. Taglich’s beneficial ownership in Air Industries Group common stock. It covers changes from February 5, 2025 through the filing date, including director fee share grants, purchases from Taglich Brothers, option grants and expirations, note repayments, and related share adjustments.
How is the 682,475-share beneficial ownership in Air Industries Group (AIRI) composed?
The reported 682,475 shares include existing common shares plus 23,620 shares issuable upon exercise of options and warrants and 203,012 shares issuable on conversion of convertible notes. These components together form Michael N. Taglich’s total beneficial ownership position.
What voting and dispositive powers does Michael N. Taglich report over AIRI shares?
Michael N. Taglich reports sole voting power and sole dispositive power over 682,475 shares of Air Industries Group common stock. He reports no shared voting power and no shared dispositive power over any additional shares of the issuer.
Were there recent transactions in Air Industries Group (AIRI) shares by Michael N. Taglich?
During the 60 days before the report, Michael N. Taglich states he has not effected transactions in Air Industries Group common stock, except for shares purchased from Taglich Brothers, Inc. The filing does not detail additional trades within that period.
How did options and convertible notes affect Michael N. Taglich’s AIRI ownership?
The amendment notes receipt of options from the issuer, expiration of certain options, and payment of convertible notes previously held. These changes, along with shares issuable from options and notes, helped determine the 682,475-share beneficial ownership and 14.3% stake disclosed.