SUEN JACOB 4
4 · AIRGAIN INC · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Airgain (AIRG) CEO Jacob Suen Sells 38,314 Shares
What Happened
Jacob Suen, President, CEO and a director of Airgain, reported two sales of company stock in March 2026. On 2026-03-20 he sold 37,314 shares at an average price of $4.12 for proceeds of $153,704, and on 2026-03-23 he sold 1,000 shares at $5.00 for $5,000. The combined total disposed was 38,314 shares for $158,704. These were sales (disposals), not purchases.
Key Details
- Transaction dates/prices: 3/20/2026 — 37,314 shares @ $4.12 (weighted avg); 3/23/2026 — 1,000 shares @ $5.00.
- Total proceeds: $158,704.
- Shares owned after the reported transactions: not specified in the excerpt of the Form 4 provided. Check the full filing for post-transaction holdings.
- Notable footnotes:
- The 3/20 sale was a "sell-to-cover" to satisfy tax withholding on RSU vesting (F1, F3). This was not a discretionary sell by the reporting person.
- The 37,314-share block trade reflects a broker-calculated weighted average price and the filer can provide a breakdown of prices per share on request (F2).
- The sales were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 12, 2025 (F4).
- Filing: Form 4 filed with accession 0001193125-26-122266 on 2026-03-24 (reporting period includes 2026-03-20 and 3/23 trade noted).
Context
These transactions appear routine: the larger sale was to cover tax withholding related to RSU vesting (a common administrative transaction) and both sales are tied to a pre-established 10b5-1 trading plan, which generally reduces the significance of timing as an indicator of insider sentiment. For full detail (exact post-sale holdings and per-trade execution prices within the block), review the complete Form 4 filing.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-20$4.12/sh−37,314$153,704→ 284,431 total - Sale
Common Stock
[F4][F3]2026-03-23$5.00/sh−1,000$5,000→ 283,431 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 March 12, 2025.