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[SCHEDULE 13D] AIR INDUSTRIES GROUP Major Shareholder Acquisition (>5%)

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Air Industries Group shareholder Charles L. Frischer has filed a Schedule 13D disclosing a 9.4% ownership stake in the company. He reports beneficial ownership of 449,998 common shares, based on 4,775,777 shares outstanding as of November 12, 2025.

Frischer states he invested approximately $1,461,479.75 of personal funds to acquire his position, describing his principal business as private investing. He indicates he may engage with management, the board and other shareholders on the company’s business, governance, management and strategy, and could consider seeking board representation, management changes or strategic transactions depending on future conditions.

Positive

  • None.

Negative

  • None.

Insights

New 9.4% holder signals potential governance engagement at Air Industries.

Charles L. Frischer reports owning 449,998 shares of Air Industries Group, or 9.4% of outstanding stock based on 4,775,777 shares. The stake was funded with approximately $1,461,479.75 of personal capital, suggesting a meaningful, concentrated investment.

The Schedule 13D framework and stated intent to review the investment on a continuing basis, engage with management and the board, and potentially seek board representation or strategic transactions point to an active rather than purely passive stance. However, no specific actions or proposals are committed.

Whether this evolves into formal activism will depend on future company performance, board decisions and any subsequent disclosures by Frischer or the issuer. For now, it simply establishes a sizable shareholder with expressed interest in influencing strategy and governance.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




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SCHEDULE 13D






SCHEDULE 13D


Frischer Charles L
Signature:/s/ Charles L. Frischer
Name/Title:Charles L. Frischer
Date:03/23/2026
Air Industries

NYSE:AIRI

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16.02M
3.79M
Aerospace & Defense
Aircraft Parts & Auxiliary Equipment, Nec
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United States
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