AIRO Group Holdings (AIRO) CEO gets 12,232-share stock bonus
Filing Impact
Filing Sentiment
Form Type
4/A
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
1 transaction reported
Mixed
1 txn
Insider
Burns Joseph D
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,232 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,120 shares (Direct, null)
Footnotes (1)
- 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. 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. 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
Stock bonus value: $175,000
Shares issued in bonus: 12,232 shares
Shares withheld for taxes: 5,268 shares
+3 more
6 metrics
Stock bonus value
$175,000
Bonus award under employment agreement
Shares issued in bonus
12,232 shares
Common stock granted to CEO as bonus
Shares withheld for taxes
5,268 shares
Withheld from award to satisfy tax obligations
Total direct holdings after award
43,120 shares
Common stock directly held by CEO after transaction
Shares reclassified to direct
1,314 shares
Previously reported as indirectly held, now direct
Transaction price per share
$0.0000 per share
Indicates compensatory, not open-market, grant
Key Terms
bonus award, tax withholding obligations, employment agreement, Form 4, +1 more
5 terms
bonus award financial
"Represents net shares issued to the Reporting Person in connection with a bonus award with a value of $175,000"
tax withholding obligations financial
"only 12,232 shares were issued due to the withholding of 5,268 shares to satisfy tax withholding obligations"
employment agreement financial
"pursuant to the terms of an employment agreement by and between the Issuer and the Reporting Person"
Form 4 regulatory
"the Reporting Person filed a Form 4 which inadvertently reported that 17,500 shares were issued"
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.
amendment regulatory
"In fact, as reported in this amendment, only 12,232 shares were issued"
An amendment is a formal change or addition to an existing legal, regulatory, or corporate document, such as a contract, prospectus, regulatory filing, or company charter. It matters to investors because amendments can alter rights, deadlines, obligations, or risk profiles tied to an investment; think of it like editing a recipe—changing an ingredient or cooking time can significantly affect the final result.
FAQ
What insider transaction did AIRO (AIRO) report in this amended Form 4?
AIRO reported that CEO Joseph D. Burns received 12,232 shares of common stock as part of a stock bonus valued at $175,000 under his employment agreement, with no cash paid per share in the transaction.
Why was AIRO (AIRO) CEO Joseph D. Burns’ Form 4 filing amended?
The Form 4 was amended because an earlier filing mistakenly reported 17,500 bonus shares. The amendment clarifies that 12,232 shares were actually issued after 5,268 shares were withheld to satisfy tax withholding obligations on the award.
How was the $175,000 bonus to AIRO (AIRO) CEO Joseph D. Burns structured?
The $175,000 bonus was delivered as a stock award rather than cash, resulting in the net issuance of 12,232 common shares. An additional 5,268 shares tied to the award were withheld to cover tax withholding obligations associated with the bonus.