Air Water Ventures CFO gets 1.05M-unit stock grant

The RSU award vests across three annual dates, with each installment conditioned on continued employment or service.

Available on EDGAR 11/03/2026 - 04:01 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:01 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Air Water Ventures Ltd CFO David Timothy Tuerff received a grant of 1,051,809 restricted stock units (RSUs) on November 1, 2026; each RSU represents the right to receive one ordinary share upon vesting. The RSUs vest in three installments of 350,603 on November 1, 2026, November 1, 2027, and November 1, 2028, subject to continued employment or service through each date. The issuer withheld 122,711 ordinary shares for tax obligations associated with the vesting of 350,603 RSUs on November 1, 2026. The reported $1.37 per share was the fair market value used to calculate withholding, based on the October 30, 2026 closing price.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Tuerff David Timothy

Role CFO

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares F1, F2	1,051,809	$0.00	$0.00
Tax Withholding	Ordinary Shares F3	122,711	$1.37	$168K

Holdings After Transaction: Ordinary Shares — 929,098 shares (Direct)

Footnotes (3)

1. F1. Represents restricted stock units ("RSUs") granted to the reporting person on November 1, 2026 under the Air Water Ventures Limited 2025 Equity Incentive Plan (the "Plan"). Each RSU represents the right to receive one ordinary share, par value $0.0001 per share, of the Issuer upon vesting.
2. F2. The RSUs vest in three equal installments of 350,603 RSUs on each of November 1, 2026, November 1, 2027 and November 1, 2028, subject to the reporting person's continued employment with or service to the Issuer through each applicable vesting date.
3. F3. Represents ordinary shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 350,603 RSUs on November 1, 2026. The price reported is the fair market value per share used to determine the number of shares withheld, which is the closing price of the ordinary shares on October 30, 2026, the last trading day before the vesting date.

Key Figures

RSU award: 1,051,809 RSUs Vesting installment: 350,603 RSUs Tax-withholding shares: 122,711 ordinary shares +2 more

5 metrics

RSU award 1,051,809 RSUs Granted November 1, 2026

Vesting installment 350,603 RSUs Each of three installments scheduled for November 1, 2026, November 1, 2027, and November 1, 2028

Tax-withholding shares 122,711 ordinary shares Withheld by the issuer in connection with vesting on November 1, 2026

Fair market value $1.37 per ordinary share Value used to determine shares withheld; based on the October 30, 2026 closing price

RSU share entitlement 1 ordinary share per RSU Upon vesting

Key Terms

restricted stock units, vesting, fair market value, tax withholding obligations

4 terms

restricted stock units financial

"Represents restricted stock units ("RSUs") granted to the reporting person"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting financial

"Each RSU represents the right to receive one ordinary share upon vesting"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

fair market value financial

"The price reported is the fair market value per share"

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

tax withholding obligations financial

"to satisfy tax withholding obligations in connection with the vesting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did WATR CFO David Timothy Tuerff receive?

David Timothy Tuerff received 1,051,809 RSUs on November 1, 2026. Each RSU represents the right to receive one ordinary share upon vesting. The RSUs vest in three installments of 350,603 on November 1, 2026, November 1, 2027, and November 1, 2028, subject to continued employment or service through each date.

How many WATR shares were withheld for taxes, and at what price?

The issuer withheld 122,711 ordinary shares for tax obligations tied to the vesting of 350,603 RSUs on November 1, 2026. The reported $1.37 per share was the fair market value used to calculate the withholding, based on the October 30, 2026 closing price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tuerff David Timothy

(Last) (First) (Middle)

4341 W. 108TH ST., SUITE 1

(Street)

HIALEAH FLORIDA 33018

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Air Water Ventures Ltd [ WATR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	11/01/2026		A		1,051,809(1)(2)	A	$0	1,051,809	D
Ordinary Shares	11/01/2026		F		122,711(3)	D	$1.37(3)	929,098	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs") granted to the reporting person on November 1, 2026 under the Air Water Ventures Limited 2025 Equity Incentive Plan (the "Plan"). Each RSU represents the right to receive one ordinary share, par value $0.0001 per share, of the Issuer upon vesting.

2. The RSUs vest in three equal installments of 350,603 RSUs on each of November 1, 2026, November 1, 2027 and November 1, 2028, subject to the reporting person's continued employment with or service to the Issuer through each applicable vesting date.

3. Represents ordinary shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 350,603 RSUs on November 1, 2026. The price reported is the fair market value per share used to determine the number of shares withheld, which is the closing price of the ordinary shares on October 30, 2026, the last trading day before the vesting date.

Remarks:

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Act, the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.

	/s/ David Tuerff	11/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)