Chernett Jorey 4

What Happened

• Jorey Chernett, a reported 10% owner of Airsculpt Technologies, bought 50,000 common shares in an open‑market/private purchase on March 23, 2026 at a weighted average price of $2.91 per share (total ≈ $145,500). This purchase is a straightforward equity acquisition (a bullish signal in that it is a buy rather than a sale).
• On the same date Chernett reported multiple derivative transactions (options): acquired 2,255 derivative units for $1.30 each (≈ $2,932), sold 6,547 derivative units for $1.13 each (≈ $7,398), and acquired additional derivative units of 2,004 at $0.50 (≈ $1,002) and 2,000 at $0.33 (≈ $660). The filing treats these as option (derivative) transactions rather than straight share trades.

Key Details

• Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (appears timely).
• Main equity purchase: 50,000 shares @ $2.91 (weighted avg) = ~$145,500. Footnote indicates the $2.91 is a weighted average of multiple fills ($2.84–$2.91).
• Derivative activity totals (reported per line): 2,255 acquired @ $1.30 ($2,932); 6,547 disposed @ $1.13 ($7,398); 2,004 acquired @ $0.50 ($1,002); 2,000 acquired @ $0.33 ($660).
• Notable footnotes:
  • F2: The sale of the call options is a matchable transaction under Section 16(b); the reporting person has calculated a short‑swing profit related to matchable transactions and intends to disgorge that profit to the issuer.
  • F1, F3–F5: Prices shown are weighted averages from multiple transactions (ranges given); the reporting person will provide per‑trade detail on request.
• Shares owned after the transactions are not listed in the provided summary of the filing.

Context

• Chernett is a 10% owner (an insider with substantial ownership) rather than a named executive — 10% owner filings are important but not the same as executive compensation/activity.
• The derivative lines appear to be option trades (purchases and sales of call options); F2’s note about a matchable sale and planned disgorgement means the seller recognizes a potential short‑swing profit under Section 16(b).
• Purchases of stock by insiders can be viewed as more informative than routine sales; here the large 50,000‑share buy is the clearest outright purchase.