Airship AI (AISP) CEO Victor Huang adds 12,000 AISPW public warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Airship AI Holdings, Inc. insider activity: Victor Huang, the company’s CEO, Chairman of the Board and a director and 10% owner, reported an open-market purchase of 12,000 Public Warrants (AISPW shares) on August 19, 2025 at $1.5234 per warrant. Following this transaction, he directly holds 76,125 Public Warrants. He also reports additional indirect and direct positions in common stock and various derivative securities, including options, stock appreciation rights, warrants and earnout rights that were largely received in connection with the company’s December 21, 2023 merger.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,000 shares ($18,281)
Net Buy
9 txns
Insider
Huang Victor
Role
CEO and Chairman of the BOD
Bought
12,000 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Public Warrant (AISPW shares) | 12,000 | $1.5234 | $18K |
| 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) — 76,125 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 AISP CEO Victor Huang report?
Victor Huang reported an open-market purchase of 12,000 Public Warrants (AISPW shares) at $1.5234 each. After this Form 4 transaction, he directly holds 76,125 of these warrants, which are exercisable into Airship AI common stock under the warrant terms.
What is Victor Huang’s role and status at Airship AI (AISP)?
Victor Huang serves as CEO, Chairman of the Board and a director of Airship AI and is also a 10% owner. This combination means he is both a key executive and a significant shareholder, so his reported trades and holdings are closely monitored by investors.
What are AISPW Public Warrants reported in the AISP Form 4?
The AISPW Public Warrants are derivative securities exercisable into Airship AI common stock. They have a stated exercise price, are subject to adjustment and, per the disclosure, expire five years after the merger closing on December 21, 2023, unless earlier redeemed or liquidated.
What other derivative securities linked to AISP common stock does Victor Huang hold?
Beyond the AISPW Public Warrants, Victor Huang reports holdings of options, stock appreciation rights, additional warrants and earnout rights tied to Airship AI common stock. Many of these positions were received at the time of the company’s December 21, 2023 merger and related conversion arrangements.
How much AISP common stock does Victor Huang beneficially own?
Victor Huang reports 134,719 shares of Airship AI common stock held directly and 3,393,123 shares held indirectly through Airship Kirkland Family Limited Partnership. He is managing partner of that entity and disclaims beneficial ownership beyond his pecuniary interest in its securities.
How were many of Victor Huang’s AISP equity awards originally obtained?
Many of Victor Huang’s reported shares, options, stock appreciation rights, warrants and earnout rights were received on December 21, 2023. They arose from a merger agreement that converted his prior Airship AI securities into corresponding Airship AI Holdings instruments at a defined conversion ratio.