STOCK TITAN

AIRO (NASDAQ: AIRO) CFO amends Form 4, netting 19,965 bonus shares

(Neutral)
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

AIRO Group Holdings, Inc. Chief Financial Officer Mariya Pylypiv reported stock acquisitions tied to a bonus and a prior note. She received 19,965 shares of common stock as a net stock bonus valued at $300,000, after 10,035 shares were withheld to cover tax obligations.

An additional 250 shares of common stock were issued to Persistent LLC as a one-time contingent interest payment of $2,500 in connection with a note, upon the closing of the company’s initial public offering. This amended filing corrects an earlier Form 4 that had mistakenly reported 2,500 shares to the CFO and 30,000 bonus shares instead of the actual 250 and 19,965 shares.

Positive

  • None.

Negative

  • None.
Insider Pylypiv Mariya
Role Chief Financial Officer
Type Security Shares Price Value
Conversion Investor Notes 250 $0.00 $0.00
Conversion Common Stock 250 $0.00 $0.00
Grant/Award Common Stock 19,965 $0.00 $0.00
Holdings After Transaction: Investor Notes — 0 shares (Indirect, By Persistent LLC); Common Stock — 250 shares (Indirect, By Persistent LLC); Common Stock — 19,965 shares (Direct)
Footnotes (5)
  1. F1. Represents shares issued to Persistent LLC upon the closing of the Issuer's initial public offering as a one-time contingent interest payment of $2,500 paid in shares of common stock pursuant to a note issued to Persistent LLC.
  2. F2. On June 18, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 2,500 shares were issued to the Reporting Person upon the closing of the Issuer's initial public offering as a one-time contingent interest payment of $2,500 paid in shares of common stock pursuant to a note issued to the Reporting Person. In fact, as reported in this amendment, only 250 shares were issued and such shares were issued to Persistent LLC, not to the Reporting Person.
  3. F3. The Reporting Person is the sole member of Persistent LLC.
  4. F4. Represents net shares issued to the Reporting Person in connection with a bonus award with a value of $300,000 pursuant to the terms of an employment agreement by and between the Issuer and the Reporting Person.
  5. F5. On June 18, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 30,000 shares were issued as a bonus with a value of $300,000. In fact, as reported in this amendment, only 19,965 shares were issued due to the withholding of 10,035 shares to satisfy tax withholding obligations.
Net bonus shares 19,965 shares Common stock bonus award valued at $300,000
Bonus value $300,000 Value of stock bonus to CFO
Tax-withheld shares 10,035 shares Shares withheld to satisfy tax obligations on bonus
Shares to Persistent LLC 250 shares Contingent interest payment tied to IPO note
Contingent interest amount $2,500 Paid in AIRO common stock to Persistent LLC
Exercise/Conversion shares 250 shares Investor Notes converted into common stock indirectly held
contingent interest payment financial
"Represents shares issued to Persistent LLC upon the closing of the Issuer's initial public offering as a one-time contingent interest payment of $2,500 paid in shares of common stock"
Investor Notes financial
"security_title: "Investor Notes" and conversion of derivative security into 250 shares of common stock"
tax withholding obligations financial
"only 19,965 shares were issued due to the withholding of 10,035 shares to satisfy tax withholding obligations"
initial public offering financial
"upon the closing of the Issuer's initial public offering as a one-time contingent interest payment"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
bonus award financial
"Represents net shares issued to the Reporting Person in connection with a bonus award with a value of $300,000"

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FAQ

What insider transactions did AIRO (AIRO) report for its CFO in this Form 4/A?

AIRO’s CFO Mariya Pylypiv reported acquiring 19,965 common shares as a stock bonus and 250 common shares issued to Persistent LLC. The 19,965 shares reflect a net bonus after tax withholding, while the 250 shares relate to a prior note tied to the IPO.

How many AIRO (AIRO) shares did the CFO receive as a bonus and what was the value?

The CFO received 19,965 common shares as a bonus award valued at $300,000. The filing explains that 10,035 additional shares were withheld to satisfy tax withholding obligations, so the reported 19,965 shares represent the net shares actually issued to her.

What correction does this AIRO (AIRO) Form 4/A make to the prior filing?

The amendment corrects a prior Form 4 that mistakenly reported 2,500 shares issued to the CFO and 30,000 bonus shares. It clarifies that only 250 shares were issued to Persistent LLC and that the bonus resulted in 19,965 net shares after tax withholding.

Who is Persistent LLC in relation to AIRO (AIRO) CFO Mariya Pylypiv?

Persistent LLC is an entity of which the CFO is the sole member, according to the filing. The 250 shares issued as a one-time contingent interest payment were issued to Persistent LLC, giving the entity indirect ownership associated with the CFO, rather than to her personally.

What is the nature of the 250 AIRO (AIRO) shares issued to Persistent LLC?

The 250 shares represent a one-time contingent interest payment of $2,500 paid in common stock. They were issued upon closing of AIRO’s initial public offering, pursuant to a note issued to Persistent LLC, and are reported as a conversion of an Investor Note.

Did AIRO (AIRO) CFO’s bonus shares involve tax withholding in this Form 4/A?

Yes. The filing states that 30,000 shares were initially tied to the $300,000 bonus, but 10,035 shares were withheld to satisfy tax obligations. As a result, the CFO ultimately received 19,965 net shares of common stock recorded in the amended Form 4.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pylypiv Mariya

(Last)(First)(Middle)
C/O AIRO GROUP HOLDINGS, INC.
8444 WESTPARK DRIVE SUITE 840

(Street)
MCLEAN VIRGINIA 22102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AIRO Group Holdings, Inc. [ AIRO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
06/18/2025
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/16/2025C(1)250(2)A(1)250IBy Persistent LLC(3)
Common Stock06/16/2025A(4)19,965(5)A(4)19,965D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Investor Notes(1)06/16/2025C250(2) (1) (1)Common Stock250$00IBy Persistent LLC(3)
Explanation of Responses:
1. Represents shares issued to Persistent LLC upon the closing of the Issuer's initial public offering as a one-time contingent interest payment of $2,500 paid in shares of common stock pursuant to a note issued to Persistent LLC.
2. On June 18, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 2,500 shares were issued to the Reporting Person upon the closing of the Issuer's initial public offering as a one-time contingent interest payment of $2,500 paid in shares of common stock pursuant to a note issued to the Reporting Person. In fact, as reported in this amendment, only 250 shares were issued and such shares were issued to Persistent LLC, not to the Reporting Person.
3. The Reporting Person is the sole member of Persistent LLC.
4. Represents net shares issued to the Reporting Person in connection with a bonus award with a value of $300,000 pursuant to the terms of an employment agreement by and between the Issuer and the Reporting Person.
5. On June 18, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 30,000 shares were issued as a bonus with a value of $300,000. In fact, as reported in this amendment, only 19,965 shares were issued due to the withholding of 10,035 shares to satisfy tax withholding obligations.
/s/ Joseph D. Burns, Attorney-in-Fact05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)