[144] Airship AI Holdings, Inc. SEC Filing
Airship AI Holdings, Inc. (AISPW) submitted a Form 144 notifying the proposed sale of 100,000 shares of common stock through Charles Schwab & Co., with an aggregate market value of $586,000. The notice shows the shares were acquired as founder shares on 12/31/2010 from the issuer and lists an approximate sale date of 09/22/2025 on NASDAQ. The filer reports no securities sold in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information.
- Regulatory compliance: Form 144 filed with broker details and attestation, meeting disclosure requirements
- No sales in prior three months: filer reports "Nothing to Report" for securities sold during the past 3 months
- Insider sale: a founder intends to sell 100,000 shares, which may be viewed unfavorably by some investors despite small size
Insights
TL;DR: Founder plans to sell a small block (0.31%) of outstanding shares; transaction appears procedural rather than material.
The filing discloses a proposed sale of 100,000 shares valued at $586,000 against 31,909,348 shares outstanding, representing roughly 0.3% of the float. As these are founder shares acquired in 2010 and there are no reported sales in the prior three months, the notice is consistent with routine liquidity by an insider. From a market-impact perspective, this size is unlikely to move the stock materially, though investor perception of insider selling can vary. The disclosure and broker identification meet regulatory requirements.
TL;DR: The filing is procedurally compliant; the founder attests no undisclosed material information.
The Form 144 includes the standard attestation and details of acquisition and planned sale through a registered broker. There is no indication of contemporaneous related-party transactions or accelerated selling activity reported. Governance-wise, timely public notification of insider sales supports transparency; however, stakeholders may note founder selling even if the size is modest. The document does not provide any material governance concerns beyond the disclosed sale.