AIRGAIN INC·4

Mar 17, 9:52 PM ET

Sadri Ali 4

4 · AIRGAIN INC · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Airgain (AIRG) CTO Sadri Ali Receives Restricted Stock Units

What Happened

  • Sadri Ali, Chief Technology Officer of Airgain, was awarded a total of 61,755 shares via three grants on March 15, 2026: 11,116 shares (acquired at $0.00), 6,983 shares (acquired at $0.00), and 43,656 shares reported as a derivative acquisition (at $0.00). All grants were recorded as awards (transaction code A) and have zero cash purchase price (i.e., compensation grants rather than open-market purchases).

Key Details

  • Transaction date: March 15, 2026; filing date: March 17, 2026 (filed within the usual Form 4 window).
  • Grant amounts/prices: 11,116 @ $0.00; 6,983 @ $0.00; 43,656 (derivative) @ $0.00. Total awarded: 61,755 shares; total cash outlay: $0.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing—see the full Form 4 for current beneficial ownership.
  • Notable footnotes from the filing:
    • F1: Some awards are restricted stock units (RSUs) and are fully vested.
    • F2: Certain amounts include RSUs.
    • F3: A sizable RSU grant vests in substantially equal installments on March 15 of 2027, 2028, 2029 and 2030, subject to continued service, and may accelerate per the employment agreement.
    • F4: Describes standard option vesting mechanics and potential acceleration (included in the filing disclosures).
  • No sale or cashless exercise reported; these are compensation grants, not open-market purchases or sales.

Context

  • These entries are awards/RSUs (compensation), which are common for executives and do not represent a cash purchase or market sale. Some portion is already fully vested (immediate ownership), while a larger portion vests over future years and may accelerate under certain conditions per the employment agreement. No immediate sales were reported. For complete holdings and potential tax-withholding or subsequent sales, consult the full Form 4 filing (Accession 0001193125-26-111668).

Insider Transaction Report

Form 4
Period: 2026-03-15
Sadri Ali
Chief Technology Officer
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-03-15+11,116132,918 total
  • Award

    Common Stock

    [F3][F2]
    2026-03-15+6,983139,901 total
  • Award

    Stock Option (Right to Buy)

    [F4]
    2026-03-15+43,65643,656 total
    Exercise: $4.02Exp: 2036-03-14Common Stock (43,656 underlying)
Footnotes (4)
  • [F1]Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units are fully vested.
  • [F2]Includes Restricted Stock Units.
  • [F3]Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units shall vest in substantially equal installments on each of the March 15, 2027; March 15, 2028; March 15, 2029; and March 15, 2030, subject to the reporting person's continued service to the Issuer through each such vesting date. The restricted stock units will be subject to acceleration as provided in the reporting person's employment agreement.
  • [F4]The option is exercisable as it vests. 25% of the shares subject to the option vest on March 15, 2027, and 1/48th of the total number of shares subject to the option vest monthly thereafter, subject to the reporting person's continued service to the Issuer through each such vesting date. The option may accelerate under certain conditions pursuant to the reporting person's employment agreement.
Signature
/s/ Michael Elbaz, as attorney-in-fact|2026-03-17

Documents

1 file
  • 4
    ownership.xmlPrimary

    4