AIRO CEO granted 12,232 bonus shares
Burns Joseph D reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Burns Joseph D reported acquisition or exercise transactions in this Form 4 filing.
AIRO Group Holdings, Inc. reported that Chief Executive Officer Joseph D. Burns received a stock bonus valued at $175,000, paid in 12,232 shares of common stock at no cash cost to him under his employment agreement. The company withheld 5,268 shares from this award to cover tax withholding obligations. After this transaction, Burns directly holds 43,120 shares of common stock, which includes 1,314 shares that were previously reported as indirectly held but are now correctly classified as directly held. This Form 4 amendment also corrects an earlier report that had overstated the number of bonus shares issued.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,232 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents net shares issued to the Reporting Person in connection with a bonus award with a value of $175,000 pursuant to the terms of an employment agreement by and between the Issuer and the Reporting Person.
- F2. On October 22, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 17,500 shares were issued as a bonus with a value of $175,000. In fact, as reported in this amendment, only 12,232 shares were issued due to the withholding of 5,268 shares to satisfy tax withholding obligations.
- F3. The total includes 1,314 shares that were previously reported as indirectly held by Joseph D. Burns & Kim A. Burns JTWROS, which shares should have been reported as directly held.
Key Figures
Key Terms
bonus award financial
tax withholding obligations financial
employment agreement financial
Form 4 regulatory
amendment regulatory
FAQ
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What insider transaction did AIRO (AIRO) report in this amended Form 4?
Why was AIRO (AIRO) CEO Joseph D. Burns’ Form 4 filing amended?
How was the $175,000 bonus to AIRO (AIRO) CEO Joseph D. Burns structured?
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