Luciano M. Melluzzo - Apr 25, 2025 Form 4 Insider Report for AIR INDUSTRIES GROUP (AIRI)

Role
President
Signature
/s/ Luciano M. Melluzzo
Stock symbol
AIRI
Transactions as of
Apr 25, 2025
Transactions value $
-$43,440
Form type
4
Date filed
4/28/2025, 05:09 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 +34.1K +161.86% 55.2K Apr 25, 2025 Direct F1
transaction AIRI Common Stock Tax liability -$43.4K -13K -23.56% $3.34 42.2K 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 -34.1K -33.33% 68.2K Apr 25, 2025 Common Stock 34.1K Direct F1, F3
holding AIRI Stock options 27K Apr 25, 2025 Common Stock 27K $3.50 Direct F4
holding AIRI Stock options 48K Apr 25, 2025 Common Stock 48K $3.43 Direct F5
holding AIRI Stock option 20K Apr 25, 2025 Common Stock 20K $8.30 Direct F5
holding AIRI Stock option 18K Apr 25, 2025 Common Stock 18K $12.20 Direct F5
holding AIRI Stock option 15K Apr 25, 2025 Common stock 15K $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. 34,123 restricted stock units subject to the award vested on April 1, 2025. 34,123 are scheduled to vest on April 1, 2026 and 34,122 are scheduled to vest on April 1, 2027, assuming continued employment through the applicable vesting date.
F4 Vests in equal instalments of 9,000 shares on June 2, 2023, May 31, 2024 and May 31, 2025.
F5 Exercisable in full.