Airship AI (AISP) CEO Victor Huang adds 7,125 AISPW public warrants in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Airship AI Holdings, Inc. CEO Victor Huang, who is also a director and 10% owner, reported an open-market purchase of 7,125 Public Warrants (AISPW) on August 18, 2025 at $1.5561 per warrant. Following this transaction, he directly holds 64,125 Public Warrants.
Huang also directly holds 134,719 shares of common stock. Indirectly, through Airship Kirkland Family Limited Partnership, he has beneficial ownership (subject to pecuniary-interest disclaimers) of 3,393,123 shares of common stock and large derivative positions, including options, stock appreciation rights, warrants, and earnout rights tied to Airship AI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,125 shares ($11,087)
Net Buy
9 txns
Insider
Huang Victor
Role
CEO and Chairman of the BOD
Bought
7,125 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Public Warrant (AISPW shares) | 7,125 | $1.5561 | $11K |
| 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) — 64,125 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 Victor Huang report for Airship AI (AISP)?
Victor Huang reported an open-market purchase of 7,125 Public Warrants (AISPW) on August 18, 2025 at $1.5561 per warrant. The transaction increased his direct holdings of these warrants, as disclosed in the Form 4 insider trading report.
How many Airship AI Public Warrants does Victor Huang own after this Form 4?
After the August 18, 2025 transaction, Victor Huang directly owns 64,125 Public Warrants (AISPW). This reflects the addition of 7,125 warrants purchased in the open market at $1.5561 each, according to the reported Form 4 filing.
What common stock holdings of Airship AI (AISP) does Victor Huang report?
Victor Huang reports direct ownership of 134,719 shares of Airship AI common stock. Indirectly, through Airship Kirkland Family Limited Partnership, he reports 3,393,123 common shares, while disclaiming beneficial ownership except to the extent of his pecuniary interest, as described in the footnotes.
What derivative securities tied to Airship AI common stock does Victor Huang hold?
Victor Huang reports several derivative positions: options on 1,749,335 shares, stock appreciation rights on 1,758,105 shares, warrants on 1,344,951 shares, earnout rights on 1,750,094 shares, additional options on 100,000 shares, and a warrant on 220,000 shares, all linked to Airship AI common stock.
How are Victor Huang’s indirect holdings in Airship AI structured?
Indirect holdings are recorded in the name of Airship Kirkland Family Limited Partnership, the record holder of the reported securities. Victor Huang is the managing partner with voting and dispositive power but disclaims beneficial ownership except for his pecuniary interest, according to the filing’s footnotes.
What is Victor Huang’s role at Airship AI Holdings, Inc. (AISP)?
Victor Huang is disclosed as a director, 10% owner, and officer of Airship AI Holdings, Inc., serving as CEO and Chairman of the Board of Directors. These roles are stated in the relationship section of the Form 4 insider trading report.