Victor Huang boosts Airship AI stake with 51,000-share Form 4 buy
Rhea-AI Filing Summary
Airship AI Holdings (AISP) CEO Victor Huang reported a new open-market stock purchase. On 11/20/2025, he bought 51,000 shares of common stock at a price of $3.1762 per share, bringing his directly held stake to 194,849 common shares.
Huang is listed as a director, 10% owner, CEO, and Chairman of the Board. In addition to his direct holdings, he has substantial indirect ownership through Airship Kirkland Family Limited Partnership, which holds 3,767,718 common shares and multiple derivative securities, including options, stock appreciation rights, warrants, and earnout rights tied to Airship AI’s merger completed on December 21, 2023.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 51,000 | $3.1762 | $162K |
| Purchase | Public Warrant (AISPW shares) | 1,000 | $1.06 | $1K |
| holding | Options | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Earnout Rights | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Warrant | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Public Warrant (AISPW shares) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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) disclose for Victor Huang?
Victor Huang reported buying 51,000 shares of Airship AI common stock on 11/20/2025 at a price of $3.1762 per share.
What is Victor Huang’s role at Airship AI Holdings (AISP)?
Victor Huang is a director, a 10% owner, and serves as CEO and Chairman of the Board of Airship AI Holdings.
What indirect holdings in Airship AI (AISP) are reported for Victor Huang?
Through Airship Kirkland Family Limited Partnership, Victor Huang has indirect beneficial ownership of 3,767,718 common shares and multiple derivative securities, including options, stock appreciation rights, warrants, and earnout rights.
What derivative securities linked to Airship AI (AISP) are reported for Victor Huang?
The filing lists several derivative positions, including options with an exercise price of $0.12 on 1,749,335 shares, stock appreciation rights on 1,758,105 shares at $0.12, warrants on 1,344,951 shares at $1.77, earnout rights for 1,750,094 shares, and additional options and public warrants with various exercise prices and expirations.
How were many of Victor Huang’s Airship AI (AISP) securities originally received?
Many of the reported shares, options, stock appreciation rights, and warrants were received on December 21, 2023 under a Merger Agreement converting prior Airship AI securities into Airship AI Holdings securities at a defined Conversion Ratio.
Who is the record holder of some of the Airship AI (AISP) securities reported for Victor Huang?
Airship Kirkland Family Limited Partnership is the record holder of certain securities. Victor Huang is its managing partner and has voting and dispositive power over those securities, while disclaiming beneficial ownership except to the extent of his pecuniary interest.