Sadri Ali 4
4 · AIRGAIN INC · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Airgain (AIRG) CTO Sadri Ali Sells 14,638 Shares
What Happened
Sadri Ali, Chief Technology Officer of Airgain, reported sales of 14,638 shares in March 2026. On March 20 he sold 13,638 shares at $4.12 per share (~$56,178) and on March 23 he sold 1,000 shares at $5.00 per share ($5,000), for total proceeds of about $61,178. These were sales (not purchases) and appear to be routine/tax-related or plan-driven transactions rather than discretionary open-market buys.
Key Details
- Transaction dates and prices:
- 2026-03-20: 13,638 shares sold @ $4.12 (≈ $56,178)
- 2026-03-23: 1,000 shares sold @ $5.00 (≈ $5,000)
- Total: 14,638 shares sold for ≈ $61,178
- Reason/footnotes:
- F1/F3: The March 20 sale was to cover tax withholding associated with the vesting/settlement of RSUs (sell-to-cover).
- F4: Sales were effected pursuant to a Rule 10b5-1 trading plan established Aug 13, 2025.
- F2: The reported price(s) reflect a broker-calculated weighted average for block trades; the reporting person can provide per-trade breakdown on request.
- Shares owned after the transactions: Not specified in the supplied filing excerpt — see the full Form 4 for "Amount of Securities Owned Following Reported Transaction."
- Filing: Form 4 filed 2026-03-24 covering transactions through 2026-03-23 (period of report listed as 2026-03-20). No late-filing flag provided in the excerpt.
Context
Sell-to-cover transactions are commonly used to satisfy tax withholding when RSUs vest; sales under an established 10b5-1 plan are pre-arranged trading instructions. Both are generally considered routine and do not, by themselves, indicate the insider’s view of the company’s near-term prospects.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-20$4.12/sh−13,638$56,178→ 126,263 total - Sale
Common Stock
[F4][F3]2026-03-23$5.00/sh−1,000$5,000→ 125,263 total
Footnotes (4)
- [F1]The sale reported in this column represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units (RSUs). The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The Reporting Person has executed an instruction letter for the automatic sale of such sell to cover shares intended to satisfy the affirmative defense conditions of Rule 10b5-1.
- [F2]Represents a weighted average sales price calculated by the broker executing the sell to cover transactions. These shares were sold as part of a block trade in multiple transactions, and the Reporting Person undertakes to provide to the issuer, any security holder of the Issuer or the SEC staff, upon request, full information regarding the number of shares sold at each separate sales price.
- [F3]Includes RSUs.
- [F4]The sales reported in this column were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on Auguest 13, 2025.