Scott Glassman - Apr 25, 2025 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
Chief Financial Officer
Signature
/s/ Scott Glassman
Stock symbol
AIRI
Transactions as of
Apr 25, 2025
Transactions value $
-$28,213
Form type
4
Date filed
4/28/2025, 05:07 PM
Previous filing
Aug 27, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRI Common Stock Options Exercise +20.4K +1021350% 20.4K Apr 25, 2025 Direct F1
transaction AIRI Common Stock Tax liability -$28.2K -8.45K -41.35% $3.34 12K Apr 25, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AIRI Restricted Stock Unit Options Exercise -20.4K -33.33% 40.9K Apr 25, 2025 Common Stock 20.4K Direct F1, F3
holding AIRI Stock Options 5K Apr 25, 2025 Common Stock 5K $3.50 Direct F4
holding AIRI Stock Options 4.1K Apr 25, 2025 Common Stock 4.1K $3.43 Direct F5
holding AIRI Stock Options 3K Apr 25, 2025 Common Stock 3K $8.40 Direct F5
holding AIRI Stock Options 2K Apr 25, 2025 Common Stock 2K $12.20 Direct F5
holding AIRI Stock Options 2.25K Apr 25, 2025 Common Stock 2.25K $13.90 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F2 Shares withheld by Air Industries Group to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.
F3 This award was granted on August 26, 2024. 20,427 restricted stock units subject to the award vested on April 1, 2025 and 20,427 restricted stock units are scheduled to vest on each of April 1, 2026 and April 1, 2027, assuming continued employment through the applicable vesting date.
F4 Vests as to 1,667 shares on June 2, 2023 and May 31, 2024 and 1,666 on May 31, 2025.
F5 Fully vested.