AirJoule CLO reports initial equity holdings
AirJoule Technologies Corp. Chief Legal Officer Chad MacDonald filed an initial ownership report showing equity interests in the company.
Rhea-AI Filing Summary
AirJoule Technologies Corp. Chief Legal Officer Chad MacDonald filed an initial ownership report showing equity interests in the company. He directly holds 28,262 shares of Class A Common Stock plus multiple equity awards, including restricted stock units, performance-based RSUs, and stock options.
The filing lists 164,063 restricted stock units and 69,375 additional restricted stock units, along with 52,570 and 13,380 performance restricted stock units that may cliff vest based on multi‑year performance conditions through 2027 and 2028. He also holds stock options for 243,579 underlying shares at an exercise price of $10.23 per share expiring in 2034. Several RSU awards vest in annual installments beginning in 2026 and 2027, each representing a contingent right to receive one share of Class A Common Stock.
Positive
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Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
MacDonald Chad
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 267,189 contracts (Direct);
Stock Options — 243,579 contracts (Direct);
Performance Restricted Stock Units — 65,950 contracts (Direct);
Class A Common Stock — 28,262 shares (Direct)
Footnotes (6)
- F1. The restricted stock units vest in three equal annual installments beginning on June 6, 2026. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. The stock option is vested with respect to 106,565 shares and will vest with respect to the remaining shares in substantially similar quarterly installments through June 6, 2028.
- F3. The restricted stock units vest in two substantially equal annual installments beginning on March 1, 2027. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F4. The performance restricted stock units are eligible to cliff vest following the conclusion of the three-year performance period ending December 31, 2027. Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock based on the Issuer's average closing stock price over the final 120 trading days of the performance period achieving certain price thresholds. The amount reported herein represents the target amount under the award.
- F5. The restricted stock units vest in three equal annual installments beginning on March 1, 2027. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F6. The performance restricted stock units are eligible to cliff vest following the conclusion of a performance period ending December 31, 2028, based on the Issuer's absolute annualized total shareholder return over the performance period achieving certain thresholds. Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The amount reported herein represents the target amount under the award.
Key Figures
Direct common shares: 28,262 shares
RSUs grant: 164,063 units
Additional RSUs: 69,375 units
+4 more
7 metrics
Direct common shares
28,262 shares
Class A Common Stock held directly after reporting
RSUs grant
164,063 units
Restricted Stock Units representing contingent rights to common shares
Additional RSUs
69,375 units
Restricted Stock Units vesting in three equal annual installments from 2027
Performance RSUs 2027 period
52,570 units
Target amount for PRSUs with performance period ending December 31, 2027
Performance RSUs 2028 period
13,380 units
Target amount for PRSUs with performance period ending December 31, 2028
Stock options
243,579 shares
Underlying shares subject to options at $10.23 exercise price, expiring 2034
Option exercise price
$10.23/share
Exercise price for stock options expiring June 6, 2034
Key Terms
Restricted Stock Units, Performance Restricted Stock Units, cliff vest, stock option, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units vest in three equal annual installments beginning on June 6, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Restricted Stock Units financial
"The performance restricted stock units are eligible to cliff vest following the conclusion of the three-year performance period ending December 31, 2027."
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
cliff vest financial
"The performance restricted stock units are eligible to cliff vest following the conclusion of the three-year performance period ending December 31, 2027."
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
stock option financial
"The stock option is vested with respect to 106,565 shares and will vest with respect to the remaining shares in substantially similar quarterly installments through June 6, 2028."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does AirJoule Technologies (AIRJ) Chief Legal Officer report on this Form 3?
The Chief Legal Officer reports his initial ownership in AirJoule, including 28,262 Class A Common shares and multiple restricted stock unit and stock option awards. These holdings show his equity-based stake tied to future service and performance conditions over several years.
What restricted stock unit awards are disclosed for AirJoule (AIRJ) Chief Legal Officer?
The filing lists several restricted stock unit awards totaling 164,063 units plus additional lots of 69,375 and 33,751 units. These RSUs vest in equal or substantially equal annual installments beginning in 2026 and 2027, each unit representing a contingent right to one common share.
What performance restricted stock units does the AirJoule (AIRJ) executive hold?
He holds performance restricted stock unit awards covering 52,570 and 13,380 underlying shares. These awards are eligible to cliff vest after performance periods ending December 31, 2027 and December 31, 2028, based on AirJoule’s stock price and absolute annualized total shareholder return thresholds.
What stock options are reported for the AirJoule (AIRJ) Chief Legal Officer?
The Form 3 shows stock options covering 243,579 underlying Class A Common shares at an exercise price of $10.23 per share, expiring June 6, 2034. A portion is already vested, with the remaining shares vesting in substantially similar quarterly installments through June 6, 2028.
How do the AirJoule (AIRJ) RSU awards for the CLO vest over time?
Certain RSUs vest in three equal annual installments beginning June 6, 2026, while others vest in three equal or two substantially equal annual installments beginning March 1, 2027. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
