AirJoule (NASDAQ: AIRJ) CFO converts RSUs into shares and withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AirJoule Technologies Corp. Chief Financial Officer Stephen S. Pang reported routine equity compensation activity involving restricted stock units and Class A Common Stock. He exercised derivative securities representing 23,125 shares of Class A Common Stock and a portion of the resulting shares was used to cover tax obligations.
The filing shows a tax-withholding disposition of 7,248 shares at $4.87 per share, which reflects shares delivered to satisfy tax liabilities rather than an open-market sale. Following these transactions, Pang directly owns 46,937 shares of Class A Common Stock and continues to hold 46,250 restricted stock units, which vest in four equal annual installments beginning on June 6, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,125 shares exercised/converted
Mixed
3 txns
Insider
Pang Stephen S.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,125 | $0.00 | -- |
| Exercise | Class A Common Stock | 23,125 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 7,248 | $4.87 | $35K |
Holdings After Transaction:
Restricted Stock Units — 46,250 shares (Direct, null);
Class A Common Stock — 54,185 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU conversion: 23,125 shares
Tax-withholding shares: 7,248 shares
Tax-withholding price: $4.87 per share
+2 more
5 metrics
RSU conversion
23,125 shares
Restricted stock units converted into Class A Common Stock
Tax-withholding shares
7,248 shares
Shares delivered to satisfy tax liabilities
Tax-withholding price
$4.87 per share
Value used for tax-withholding disposition
Shares held after transactions
46,937 shares
Class A Common Stock directly owned after June 5, 2026
Remaining RSUs
46,250 units
Restricted stock units outstanding after the exercise
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, Chief Financial Officer, +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 security financial
"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.
Chief Financial Officer financial
"Pang Stephen S., Chief Financial Officer."
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did AIRJ CFO Stephen S. Pang report on this Form 4?
Stephen S. Pang reported exercising derivative securities for 23,125 shares of Class A Common Stock and a related tax-withholding disposition of 7,248 shares. These actions reflect equity compensation vesting and tax settlement rather than open-market buying or selling activity.
How many restricted stock units does the AIRJ CFO still hold after this filing?
Following the derivative exercise, Stephen S. Pang continues to hold 46,250 restricted stock units. Each restricted stock unit corresponds to one share of Class A Common Stock and vests in four equal annual installments beginning June 6, 2025, subject to the stated vesting schedule.
What does transaction code M mean in the AIRJ CFO’s Form 4 filing?
Transaction code M in this Form 4 indicates the exercise or conversion of a derivative security. Here, it reflects the conversion of 23,125 restricted stock units into Class A Common Stock, consistent with equity compensation vesting rather than an open-market stock purchase.