AirJoule (AIRJ) CAO reports RSU conversion and tax-driven share sale
Rhea-AI Filing Summary
AirJoule Technologies Corp. Chief Administrative Officer Jeff Gutke reported several equity transactions involving Class A common stock and restricted stock units. On March 3, 2026, he sold 3,462 shares at a weighted average price of $3.1702 per share.
According to the footnotes, this sale was a mandatory “sell to cover” transaction to satisfy tax withholding tied to vesting restricted stock units, not a discretionary trade. On February 27, 2026, 14,063 restricted stock units were converted into an equal number of Class A shares at no exercise price. Following these transactions, Gutke directly held 110,439 Class A shares and 28,126 restricted stock units, and indirectly held 75,579 shares through Doxey Capital LLC.
Positive
- None.
Negative
- None.
Insights
Activity reflects routine equity vesting and tax withholding rather than discretionary selling.
These transactions show Jeff Gutke converting 14,063 restricted stock units into Class A common stock and a related sale of 3,462 shares. The sale was executed as a mandatory “sell to cover” for tax withholding, based on the footnote.
The sale’s weighted average price was $3.1702, with executions ranging from $3.08 to $3.28. Because the disposition was for withholding taxes and tied to vesting, it is typically viewed as administrative rather than a directional bet on AirJoule Technologies Corp. Subsequent filings may provide further detail on future vesting schedules.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,462 | $3.1702 | $11K |
| Exercise | Restricted Stock Units | 14,063 | $0.00 | -- |
| Exercise | Class A Common Stock | 14,063 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of the restricted stock unit award. The sales were effected through a mandatory "sell to cover" transaction that did not represent a discretionary trade by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.08 to $3.28. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The restricted stock units vest in three equal annual installments beginning on March 1, 2026. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
