Airship AI (AISP) CEO adds 4,000 AISPW public warrants in open purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Airship AI Holdings, Inc. insider activity: CEO, Chairman and director Victor Huang, a more than 10% owner, reported an open-market purchase of 4,000 Public Warrants (AISPW shares) on August 15, 2025 at $1.6043 each. This brought his directly held Public Warrants to 57,000. He also reports substantial indirect holdings of common stock and equity awards through Airship Kirkland Family Limited Partnership, where he has voting and dispositive power subject to his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares ($6,417)
Net Buy
9 txns
Insider
Huang Victor
Role
CEO and Chairman of the BOD
Bought
4,000 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Public Warrant (AISPW shares) | 4,000 | $1.6043 | $6K |
| 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) — 57,000 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 Victor Huang?
Victor Huang reported buying 4,000 Public Warrants (AISPW shares) in an open-market purchase. The transaction occurred on August 15, 2025 at a price of $1.6043 per warrant, increasing his directly held Public Warrants position to 57,000.
What is Victor Huang’s role and ownership status at Airship AI (AISP)?
Victor Huang is CEO, Chairman of the Board and a director of Airship AI, and is also reported as a more than 10% owner. The Form 4 shows both his direct holdings and significant indirect holdings through Airship Kirkland Family Limited Partnership.
How many Public Warrants does Victor Huang own after the latest Airship AI transaction?
After purchasing 4,000 Public Warrants (AISPW shares) on August 15, 2025, Victor Huang directly owns 57,000 Public Warrants. These warrants have an exercise price referenced in the filing and an expiration five years after the December 21, 2023 merger closing.
How are Airship AI securities held through Airship Kirkland Family Limited Partnership reported?
Securities held by Airship Kirkland Family Limited Partnership are reported as indirect holdings. The filing states Victor Huang is managing partner with voting and dispositive power, but he disclaims beneficial ownership except to the extent of his pecuniary interest in the partnership’s holdings.