Pang Stephen S. 4
4 · AirJoule Technologies Corp. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
AirJoule (AIRJ) CFO Stephen Pang Receives Stock Award
What Happened
- Stephen S. Pang, Chief Financial Officer of AirJoule Technologies Corp. (AIRJ), received two derivative awards on 2026-02-11 totaling 245,379 restricted stock units (RSUs): 185,938 RSUs and 59,441 performance RSUs. Both awards were reported at $0.00 per unit (no cash paid); the reported value is $0 because these are contingent/derivative awards, not open‑market purchases.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (appears timely under normal Form 4 reporting rules).
- Award amounts: 185,938 time‑based RSUs; 59,441 performance RSUs (total = 245,379 RSUs).
- Price: $0.00 per unit (derivative grant/award).
- Vesting notes:
- Time‑based RSUs (185,938): vest in three equal annual installments beginning March 1, 2027. (Footnote F1)
- Performance RSUs (59,441): cliff‑vest after a performance period ending Dec 31, 2028, only if AirJoule’s absolute annualized total shareholder return meets specified thresholds; amount shown is the target award. (Footnote F2)
- Each RSU represents a contingent right to receive one share of Class A common stock upon vesting.
- Shares owned after the transaction are not specified in the filing.
Context
- These are compensation awards (time‑based and performance‑based RSUs), not open‑market purchases or sales. They will convert into actual shares only if/when vesting conditions are met. Such grants are routine forms of executive compensation and do not directly indicate immediate buying or selling of stock.
Insider Transaction Report
Form 4
Pang Stephen S.
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
[F1]2026-02-11+185,938→ 185,938 total→ Class A Common Stock (185,938 underlying) - Award
Performance Restricted Stock Units
[F2]2026-02-11+59,441→ 59,441 total→ Class A Common Stock (59,441 underlying)
Footnotes (2)
- [F1]The restricted stock units vest in three equal annual installments beginning on March 1, 2027. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F2]The performance restricted stock units are eligible to cliff vest following the conclusion of a performance period ending December 31, 2028, based on the Issuer's absolute annualized total shareholder return over the performance period achieving certain thresholds. Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The amount reported herein represents the target amount under the award.
Signature
/s/ Chad W. MacDonald, Attorney-in-fact|2026-02-13