Elbaz Michael 4
4 · AIRGAIN INC · Filed Jan 22, 2026
Research Summary
AI-generated summary of this filing
Airgain (AIRG) CFO Michael Elbaz Sells Shares
What Happened Michael Elbaz, Chief Financial Officer of Airgain, sold 4,587 shares on January 20, 2026 via open-market/private sale. The sales generated approximately $18,330 (weighted average price $4.00). This was a sale (S) executed to cover tax withholding related to RSU vesting rather than a discretionary investment decision.
Key Details
- Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (timely within required reporting window).
- Shares sold: 4,587; weighted average price reported $4.00; prices ranged from $3.9852 to $3.9966 (multiple transactions).
- Total proceeds: ~$18,330.
- Purpose/footnotes:
- F1: Sale was a sell-to-cover to satisfy tax withholding for vested RSUs; executed under an instruction letter and intended to meet Rule 10b5-1 affirmative defense conditions.
- F2: Weighted average price; filer can provide details on per-price share counts on request.
- F3: Transaction involves RSUs.
- Shares owned after the transaction: not disclosed in the provided summary (see the SEC Form 4 for full holdings).
Context This was a tax-withholding sale tied to RSU settlement (sell-to-cover), a common administrative transaction for executives. It does not by itself indicate a discretionary buy or sell decision about the company's outlook.
Insider Transaction Report
Form 4
AIRGAIN INCAIRG
Elbaz Michael
Chief Financial Officer
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-01-20$4.00/sh−4,587$18,330→ 133,106 total
Footnotes (3)
- [F1]The sale reported on this Form 4 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 per share. These shares were sold in multiple transactions at prices ranging from $3.9852 to $3.9966. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- [F3]Includes RSUs.
Signature
/s/ Michael Elbaz|2026-01-22