AirJoule Technologies (NASDAQ: AIRJ) CLO exercises RSUs, holds 51,387 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AirJoule Technologies Corp.'s Chief Legal Officer, Chad MacDonald, exercised derivative awards linked to restricted stock units, acquiring 23,125 shares of Class A Common Stock. After the transaction, he directly holds 51,387 Class A Common shares and 46,250 restricted stock units.
The restricted stock units relate to equity compensation that vests in four equal annual installments beginning on June 6, 2025, with each unit representing a contingent right to receive one share of Class A Common Stock. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,125 shares exercised/converted
Mixed
2 txns
Insider
MacDonald Chad
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,125 | $0.00 | -- |
| Exercise | Class A Common Stock | 23,125 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 46,250 shares (Direct, null);
Class A Common Stock — 51,387 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired via RSU exercise: 23,125 shares
Common shares held after transaction: 51,387 shares
Restricted stock units remaining: 46,250 units
+2 more
5 metrics
Shares acquired via RSU exercise
23,125 shares
Class A Common Stock from derivative exercise on June 5, 2026
Common shares held after transaction
51,387 shares
Direct holdings of Class A Common Stock after exercise
Restricted stock units remaining
46,250 units
RSU balance following the reported derivative transaction
RSU vesting schedule
4 equal annual installments
Beginning on June 6, 2025
Transaction price per share
$0.0000
Reported price for derivative exercise transactions
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units vest in four equal annual installments"
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.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
vest financial
"The restricted stock units vest in four equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did AIRJ Chief Legal Officer Chad MacDonald report?
Chad MacDonald reported exercising derivative awards tied to restricted stock units to acquire 23,125 shares of Class A Common Stock. This was recorded as a derivative exercise (code M), not as an open-market purchase or sale of AirJoule Technologies Corp. shares.
Were there any open-market buys or sells in this AIRJ Form 4 filing?
No open-market buys or sells were reported. The Form 4 shows a derivative exercise (code M) where restricted stock units converted into 23,125 shares of Class A Common Stock. Such compensation-related conversions differ from discretionary market purchases or sales of the company’s stock.
What are the vesting terms of Chad MacDonald’s restricted stock units at AirJoule Technologies (AIRJ)?
The restricted stock units vest in four equal annual installments beginning on June 6, 2025. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock, subject to those time-based vesting conditions being satisfied over the four-year schedule.
How many restricted stock units remain for Chad MacDonald after this AIRJ transaction?
After the derivative exercise, MacDonald is shown with 46,250 restricted stock units outstanding. These units are part of his equity compensation and can convert into Class A Common Stock as they vest, according to the four-year annual vesting terms disclosed.