Airship AI Holdings (AISP) CEO adds 7,000 AISPW public warrants
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Airship AI Holdings, Inc. insider Victor Huang, the CEO, Chairman and a 10% owner, reported an amended insider transaction. On August 13, 2025, he purchased 7,000 Public Warrants (AISPW), each exercisable for Airship AI common stock, at $1.6471 per warrant. Following this purchase, he held 43,000 of these Public Warrants directly.
In addition to the warrants, Huang reports ownership of 134,719 shares of common stock directly and 3,393,123 shares held indirectly through Airship Kirkland Family Limited Partnership. He is the managing partner of that partnership but disclaims beneficial ownership except to the extent of his pecuniary interest. The amendment clarifies that the August 13 transaction involved AISPW Public Warrants, not common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,000 shares ($11,530)
Net Buy
9 txns
Insider
Huang Victor
Role
CEO and Chairman of the BOD
Bought
7,000 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Public Warrant (AISPW shares) | 7,000 | $1.6471 | $12K |
| holding | Options | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Earnout Rights | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Warrant | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Public Warrant (AISPW shares) — 43,000 shares (Direct);
Options — 1,749,335 shares (Indirect, See footnote);
Stock Appreciation Rights — 1,758,105 shares (Indirect, See footnote);
Warrants — 1,344,951 shares (Direct);
Earnout Rights — 1,750,094 shares (Indirect, See footnote);
Options — 100,000 shares (Direct);
Warrant — 220,000 shares (Direct);
Common Stock — 134,719 shares (Direct);
Common Stock — 3,393,123 shares (Indirect, See footnote)
Footnotes (1)
- Represents shares of common stock of the Issuer received on December 21, 2023, as consideration pursuant to that certain Merger Agreement, dated as of June 27, 2023 (as amended on September 22, 2023 and as may be further amended and/or restated from time to time, the "Merger Agreement"), by and among Airship AI Holdings, Inc., a Delaware corporation (the "Issuer") (formerly known as BYTE Acquisition Corp., a Cayman Island exempted company limited by shares, prior to its domestication as a Delaware corporation), BYTE Merger Sub, Inc., a Washington corporation and a direct, wholly-owned subsidiary of the Issuer, and Airship AI, Inc., a Washington company (formerly known as Airship AI Holdings, Inc., "Airship AI"). The Reporting Person received the reported shares in exchange for shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger. Airship Kirkland Family Limited Partnership is the record holder of the securities reported herein. Victor Huang is the managing partner of Airship Kirkland Family Limited Partnership and as such has voting and dispositive power over these securities. Mr. Huang disclaims beneficial ownership of the securities held by Airship Kirkland Family Limited Partnership, except to the extent of his pecuniary interest therein. Represents options to purchase shares of common stock of the Issuer received on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of options to purchase shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger. Represents stock appreciation rights denominated in shares of common stock of the Issuer received on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of stock appreciation rights denominated in shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger. Represents warrants to purchase shares of common stock of the Issuer received by the Reporting Person on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of warrants to purchase shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger. Pursuant to earnout provisions in the Merger Agreement, the holder of such Earnout Rights is entitled to receive shares of common stock of the Issuer upon the occurrence of certain operating performance and share price performance milestones during the applicable earnout periods set forth in the Merger Agreement. Options vest quarterly over 4 years. Public Warrant (AISPW shares) Exercise Price subject to adjustment and expire five years after the closing of the merger on December 21, 2023, or earlier upon redemption or liquidation.
FAQ
What insider transaction did Airship AI (AISP) report for August 13, 2025?
Airship AI reported that Victor Huang bought 7,000 Public Warrants (AISPW) on August 13, 2025 at $1.6471 per warrant. After this transaction, his direct AISPW Public Warrant holdings increased to a total of 43,000 warrants.
What does this Form 4/A amendment change for Airship AI (AISP)?
The amendment corrects the type of security Victor Huang acquired on August 13, 2025. It clarifies that he bought 7,000 AISPW Public Warrants, not common shares, ensuring the security type and derivative position are accurately reflected for investors.
What is the relationship between Victor Huang and Airship Kirkland Family Limited Partnership?
Airship Kirkland Family Limited Partnership is the record holder of certain Airship AI securities. Victor Huang is its managing partner and holds voting and dispositive power. He disclaims beneficial ownership of the partnership’s holdings except to the extent of his pecuniary interest.
What roles does Victor Huang hold at Airship AI Holdings, Inc. (AISP)?
Victor Huang is identified as a director, a 10% owner, and the CEO and Chairman of the Board of Directors of Airship AI Holdings, Inc. These positions indicate both executive management responsibility and significant equity ownership in the company.
What are the key terms of the AISPW Public Warrants reported by Airship AI (AISP)?
The AISPW Public Warrants have an exercise price of $4.5 per underlying common share and expire on December 21, 2028. Huang acquired 7,000 of these warrants at $1.6471 each, with each warrant representing the right to purchase one common share.