BRODY DAVID E 4

What Happened

• David E. Brody, a director of XTI Aerospace, was granted a derivative award of 907,300 shares (stock options) on January 29, 2026. The reported acquisition price is $0.00 (i.e., no cash paid at grant). This is a grant of options/awarded derivative securities, not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-01-29, 907,300 derivative shares @ $0.00.
• Vesting: One‑third vested on the grant date; the remainder vests in equal quarterly installments over two years. (Footnote F1)
• Plan: Options were granted under the Issuer’s Amended and Restated 2018 Employee Stock Incentive Plan. (Footnote F2)
• Shares owned after the transaction: Not specified in the provided filing.
• Filing timeliness: Form filed 2026-03-02 — about 32 days after the reported transaction date; this appears to be a late filing (reduces near‑term transparency).

Context

• This was a grant of stock options (derivative award). Because only a grant/vesting schedule is reported, it is not an immediate cash sale or purchase of common stock; economic benefit depends on future vesting and any exercise price. Grants are routine for executives and directors as compensation and do not, by themselves, indicate a purchase or sale signal.