[Form 4] XTI Aerospace, Inc. Insider Trading Activity

Rhea-AI Filing Summary

XTI Aerospace director David E. Brody received an award of 158,000 stock options on 09/04/2025. The options have an exercise price of $2.00 and were reported on Form 4 filed 09/08/2025. The filing states the options will vest in equal quarterly installments over one year from the grant date, and the options were granted under the Issuer's Amended and Restated 2018 Employee Stock Incentive Plan. Following the grant, the reporting person beneficially owns 158,000 underlying shares on a direct basis.

Positive

• 158,000 stock options granted to reporting person David E. Brody on 09/04/2025
• Exercise price specified at $2.00, providing clear economic terms
• Vesting schedule disclosed: equal quarterly installments over one year
• Grant made under the Issuer's Amended and Restated 2018 Employee Stock Incentive Plan

Negative

• None.

Insights

Corporate Governance Expert

TL;DR Director granted 158,000 options with one-year vesting; routine equity compensation for insiders.

The grant of 158,000 stock options to a director is disclosed clearly and appears to be an equity-based compensation award under the company's 2018 plan. Vesting occurs in equal quarterly installments over one year, which provides a relatively short service-based vesting schedule. The filing shows direct beneficial ownership of the underlying 158,000 shares after the grant, which is material for ownership disclosure and insider alignment.

Securities Analyst

TL;DR Material insider grant reported; transaction is disclosure-driven and not an open-market trade.

The Form 4 documents a non-derivative reportable event: a stock option grant dated 09/04/2025 with an exercise price of $2.00 and 158,000 options issued. The disclosure indicates the award is governed by the Amended and Restated 2018 Employee Stock Incentive Plan and includes a one-year quarterly vesting schedule. From a market-disclosure perspective this is an insider compensation event rather than a sale or purchase of shares on the open market.

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
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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^*

BRODY DAVID E

(Last) (First) (Middle)

C/O XTI AEROSPACE, INC.

8123 INTERPORT BLVD, SUITE C

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
XTI Aerospace, Inc. [ XTIA ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025

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

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

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

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

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
Stock Option (Right to Buy Common Stock)	$2	09/04/2025		A		158,000		(1)	09/04/2035	Common Stock	158,000	$0(2)	158,000	D

Explanation of Responses:

1. The stock options will vest in equal quarterly installments over a one year period from the date of grant.

2. The stock options were granted under the Issuer's Amended and Restated 2018 Employee Stock Incentive Plan.

	/s/ John Griffo, Attorney-in-fact for David Brody	09/08/2025
	** 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.

FAQ

What did David E. Brody report on Form 4 for XTIA?

The Form 4 reports a grant of 158,000 stock options to David E. Brody, dated 09/04/2025.

What is the exercise price and plan for the options reported for XTIA?

The options have an exercise price of $2.00 and were granted under the Issuer's Amended and Restated 2018 Employee Stock Incentive Plan.

What is the vesting schedule for the options granted to the XTIA director?

The options will vest in equal quarterly installments over one year from the grant date.

How many underlying shares does the reporting person beneficially own after the grant?

The reporting person beneficially owns 158,000 underlying shares on a direct basis following the reported transaction.

When was the Form 4 filed for the XTIA transaction?

The Form 4 reflecting the 09/04/2025 grant was signed and filed on 09/08/2025 by an attorney-in-fact.