Large Airsculpt (AIRS) shareholder adds 40K shares as call options lapse
Rhea-AI Filing Summary
Airsculpt Technologies, Inc. insider Jorey Chernett reported an open-market purchase of 40,000 shares of Common Stock at a weighted average price of $2.54 per share. After this transaction, Chernett directly owns 7,053,761 Common Stock shares. The filing notes the shares were bought in multiple trades between $2.52 and $2.56.
The filing also reports the expiration of short call option positions on Airsculpt common stock. Call options on 200,000 underlying shares with a $5.00 exercise price and on 200,400 underlying shares with a $4.00 exercise price expired unexercised because the market price was below the exercise prices, and no consideration was received in connection with these expirations.
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Insights
10% owner adds shares while short call options expire worthless.
Reporting person Jorey Chernett, a more than 10% owner of Airsculpt Technologies, Inc., executed an open-market purchase of 40,000 Common Stock shares at a weighted average of $2.54 per share. This increases his direct holdings to 7,053,761 shares, indicating a net addition to equity exposure in the company.
The same filing shows the expiration of short call option positions on a combined 400,400 underlying shares with exercise prices of $5.00 and $4.00. Footnotes state these options expired unexercised because the share price was below the exercise prices and that no consideration was received. This closes the reported short derivative positions without cash inflow, leaving the primary signal as the open-market share purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| E | Call Option (AIRS 17APR26 $4C) | 2,004 | $0.00 | -- |
| E | Call Option (AIRS 17APR26 $5C) | 2,000 | $0.00 | -- |
| Purchase | Common Stock | 40,000 | $2.54 | $102K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $2.52 to $2.56, rounded to the nearest cent, inclusive. Mr. Chernett undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price such shares were purchased. These call options expired unexercised on April 17, 2026, as the market price of the underlying common stock was below the exercise price of the options at the time of expiration. No consideration was received by the Reporting Person in connection with this expiration.