AirJoule (AIRJ) CEO converts RSUs to shares and withholds stock for taxes
Rhea-AI Filing Summary
AirJoule Technologies Corp. director and CEO Matthew B. Jore reported equity compensation activity involving restricted stock units and Class A Common Stock. He exercised or converted 30,135 restricted stock units into 30,135 shares of Class A Common Stock at a price of $0.00 per share, bringing his direct Class A holdings to 7,748,258 shares. On the same date, 9,009 shares of Class A Common Stock were disposed of at $3.23 per share to cover tax obligations through share delivery, leaving him with 7,739,249 directly held shares. The restricted stock units vest in three equal annual installments beginning on March 1, 2026, with each unit representing a contingent right to receive one share of Class A Common Stock.
Positive
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Insights
Routine CEO equity grant vesting with tax withholding using shares.
The CEO of AirJoule Technologies Corp., Matthew B. Jore, exercised or converted 30,135 restricted stock units into the same number of Class A Common shares at $0.00 per share. This reflects equity compensation becoming deliverable rather than an open‑market stock purchase.
To satisfy tax obligations, 9,009 Class A shares were disposed of at $3.23 per share through share delivery, a common mechanism for withholding on vested awards. After these transactions, his directly held Class A stake stands at 7,739,249 shares.
The footnote states that these restricted stock units vest in three equal annual installments beginning on March 1, 2026, with each unit representing a contingent right to one share of Class A Common Stock. Subsequent vesting events and related tax withholdings, if any, would be expected to appear in future ownership reports.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,135 | $0.00 | -- |
| Exercise | Class A Common Stock | 30,135 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 9,009 | $3.23 | $29K |
Footnotes (1)
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