AIRO Group Holdings, Inc.·4/A

May 26, 5:00 PM ET

KATHURIA CHIRINJEEV 4/A

Research Summary

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AIRO Group (AIRO) 10% Owner Chirinjeev Kathuria Receives 7,080-Share Award

What Happened

  • Chirinjeev Kathuria, a reported 10% owner of AIRO Group Holdings, received a bonus award of 7,080 shares on September 15, 2025. The Form 4 lists the acquisition as an award/grant (code A) with no per-share price reported; the award is disclosed as having a value of $100,000 (per footnote).
  • This filing is an amendment: an earlier Form 4 (filed Oct 22, 2025) mistakenly reported 10,000 shares; the amendment corrects the net issuance to 7,080 shares after 2,920 shares were withheld to satisfy tax obligations.

Key Details

  • Transaction date: 2025-09-15 (period of report). Amended Form 4 filed 2026-05-26; original Form 4 filed Oct 22, 2025.
  • Transaction type/code: Award/Grant (A). Price: N/A; total reported value of the award: $100,000 (per footnote).
  • Shares issued net to insider: 7,080; 2,920 shares were withheld for tax withholding (gross award was 10,000 shares).
  • Shares owned after transaction: Not disclosed on the Form 4.
  • Notable footnotes: F1 — net shares issued as part of a $100,000 bonus under an employment agreement. F2 — amendment corrects earlier over-reporting; the initial filing incorrectly listed 10,000 shares.
  • Filing status: Amended and filed well after the transaction date (late amendment), correcting the previously reported amount.

Context

  • This was a bonus/share award, not an open-market purchase or sale — awards are common compensation events and do not by themselves indicate buying/selling sentiment in the market.
  • The withholding of 2,920 shares for taxes resulted in the net 7,080 shares issued to the reporting person; the amendment clarifies the actual net issuance.