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 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.