Chernett Jorey 4

What Happened Jorey Chernett, a reported 10% owner of AirSculpt Technologies, purchased 40,000 shares of AIRS in open-market transactions on April 17, 2026 at a weighted average price of $2.54 per share for a total of approximately $101,600. On the same date two short call option positions (2,004 and 2,000 shares) expired unexercised; no consideration was received in connection with those expirations.

Key Details

• Transaction date: April 17, 2026 (Form 4 filed April 20, 2026).
• Purchase: 40,000 shares @ weighted average $2.54 (prices ranged $2.52–$2.56 per footnote).
• Derivative events: two short call options expired unexercised (2,004 and 2,000 share equivalents); no proceeds were received.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed April 20, 2026 (within the SEC two-business-day reporting window for Form 4).
• Additional note: Filing statement specifies this Form 4 is an "exit filing" for the reporting person.

Context

• Purchase (code P) is a direct open-market buy — purchases are often viewed as a more informative signal than routine sales but do not by themselves prove future performance.
• The expired options were short positions that lapsed worthless because the stock was below the exercise price at expiration; this is a derivative disposition, not an exercise or sale of underlying shares.
• As a 10% owner, Chernett is a large holder (not necessarily an executive), so these transactions reflect actions by a significant shareholder rather than routine employee compensation activity.