[Form 4] Connexa Sports Technologies Inc. Insider Trading Activity

Rhea-AI Filing Summary

Airwa Inc. (YYAI) disclosed insider buying by 10% owner Michael Anthony Belfiore. He reported open‑market purchases of 3,192,905 common shares on October 8, 2025 at prices ranging from $0.21 to $0.40, and 20,190 shares on October 10, 2025 at prices ranging from $0.1850 to $0.1897.

After these transactions, he directly owned 3,213,095 common shares, as reported on the Form 4.

Insights

Equity Governance Analyst

Large open-market buys by a director/10% owner increased direct holdings to 3.21M shares; a clear positive governance signal without added complexity.

Michael Anthony Belfiore, a Director and 10% Owner of AIRWA INC. (YYAI), reported two open-market purchases of common stock. On 10/08/2025, he acquired 3,192,905 shares at prices ranging from $0.21 to $0.40, and on 10/10/2025 he acquired 20,190 shares at prices from $0.1850 to $0.1897. Following these transactions, he directly owns 3,213,095 shares.

Both transactions are coded “P” (open-market or private purchase) and are reported as Direct (D) ownership. No derivative securities were reported. The filing specifies that the larger purchase was executed across fifteen transactions, and the later purchase across four transactions, explaining the price ranges.

This matters because it reflects increased personal capital committed by a significant insider, without introducing new instruments or complex terms. Watch for subsequent Section 16 filings around and after 10/15/2025 for any further changes in holdings or additional purchases.

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).

1. Name and Address of Reporting Person^*

Belfiore Michael Anthony

(Last) (First) (Middle)

8 OAKRIDGE LANE

(Street)

EDGECLIFF VILLAGE TX 76134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AIRWA INC. [ YYAI ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025

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
Common Stock	10/08/2025		P		3,192,905(1)	A	$0.3205(2)	3,192,905	D
Common Stock	10/10/2025		P		20,190(3)	A	$0.188(4)	3,213,095	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. Made in fifteen transactions

2. Price ranges from 0.21 to 0.40

3. Made in four transactions

4. Price ranges from 0.1850 to 0.1897

	Michael Anthony Belfiore	10/15/2025
	** 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 YYAI disclose in this Form 4?

A 10% owner, Michael Anthony Belfiore, reported open‑market purchases of YYAI common stock on two dates.

How many YYAI shares were purchased and when?

He purchased 3,192,905 shares on October 8, 2025 and 20,190 shares on October 10, 2025.

What were the purchase price ranges?

On Oct 8: $0.21–$0.40 across fifteen transactions; on Oct 10: $0.1850–$0.1897 across four transactions.

How many YYAI shares does the reporting person own after the trades?

Following the reported transactions, he directly owned 3,213,095 YYAI common shares.

What is the reporting person’s relationship to YYAI?

He is reported as a 10% Owner of Airwa Inc. (YYAI).

Were these holdings direct or indirect?

The filing lists Direct (D) ownership after the transactions.