AirJoule chair exercises RSUs, covers tax in stock
AirJoule Technologies Corp.’s Executive Chairman Patrick C. Eilers reported compensation-related equity activity rather than open-market trading.
Rhea-AI Filing Summary
AirJoule Technologies Corp.’s Executive Chairman Patrick C. Eilers reported compensation-related equity activity rather than open-market trading. He exercised 6,250 restricted stock units, receiving Class A Common Stock at a conversion price of $0.00 per share, while 1,832 shares of Class A Common Stock were withheld at $4.87 per share to satisfy tax obligations.
After these transactions, he directly holds 1,873,844 shares of Class A Common Stock and has 12,500 restricted stock units outstanding. Additional indirect holdings are reported through the Eilers Dynasty Trust and the Patrick C. Eilers Revocable Trust, each shown with 1,366,616 shares of Class A Common Stock. The restricted stock units vest in four equal annual installments beginning on June 6, 2025, with each unit representing a contingent right to one share of Class A Common Stock.
Positive
- None.
Negative
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Insider Trade Summary
6,250 shares exercised/converted
Exercise
5 txns
Insider
EILERS PATRICK C
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,250 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,832 | $4.87 | $9K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 12,500 contracts (Direct);
Class A Common Stock — 1,873,844 shares (Direct);
Class A Common Stock — 1,366,616 shares (Indirect, By: Patrick C. Eilers Revocable Trust);
Class A Common Stock — 1,366,616 shares (Indirect, By: Eilers Dynasty Trust)
Footnotes (1)
- F1. 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.
Key Figures
RSUs exercised: 6,250 units
Tax-withholding shares: 1,832 shares
Direct common shares after transactions: 1,875,676 shares
+5 more
8 metrics
RSUs exercised
6,250 units
Converted to Class A Common Stock at $0.00 per share
Tax-withholding shares
1,832 shares
Withheld at $4.87 per share to cover tax obligations
Direct common shares after transactions
1,875,676 shares
Class A Common Stock held directly following Form 4 transactions
Outstanding RSUs after transactions
12,500 units
Restricted stock units remaining after 6,250-unit exercise
Eilers Dynasty Trust holdings
1,366,616 shares
Indirect Class A Common Stock ownership reported via trust
Revocable Trust holdings
1,366,616 shares
Indirect Class A Common Stock ownership via Patrick C. Eilers Revocable Trust
Tax-withholding price
$4.87 per share
Price used for 1,832-share tax-withholding disposition
RSU vesting start date
June 6, 2025
Four equal annual installments for restricted stock unit vesting
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, indirect ownership, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units vest in four equal annual installments beginning on June 6, 2025."
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "By: Eilers Dynasty Trust""
Executive Chairman financial
"officer_title: "Executive Chairman""
An executive chairman is the board leader who also takes an active role in running the company, combining oversight of the board with hands-on involvement in strategy and major decisions. For investors, this matters because it concentrates influence in one person—like a team captain who both sets the game plan and plays on the field—so their judgment can speed decisions but also increases governance and succession risk that can affect stock value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AIRJ Executive Chairman Patrick C. Eilers report?
Patrick C. Eilers exercised 6,250 restricted stock units into Class A Common Stock at a conversion price of $0.00 per share. In a related move, 1,832 shares were withheld at $4.87 per share to cover tax obligations, reflecting a routine compensation-driven transaction.
Were any of the reported AIRJ transactions open-market buys or sells?
No open-market purchases or sales were reported. The Form 4 shows a derivative exercise of 6,250 restricted stock units and a tax-withholding disposition of 1,832 shares, both routine compensation-related events rather than discretionary market trading transactions.
How do the restricted stock units for AirJoule’s Executive Chairman vest?
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, linking future share delivery to continued service or other vesting conditions.
What is the tax-withholding transaction reported for AirJoule (AIRJ)?
The filing reports a tax-withholding disposition of 1,832 shares of Class A Common Stock at $4.87 per share. These shares were delivered to satisfy tax liabilities associated with the equity compensation, not sold on the open market, and are classified under transaction code F.
Does Patrick C. Eilers still hold derivative positions in AirJoule stock?
Yes, after exercising 6,250 restricted stock units, he still has 12,500 restricted stock units outstanding. Each unit represents a contingent right to one share of Class A Common Stock, with vesting scheduled in four equal annual installments starting June 6, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
