SUEN JACOB 4
4 · AIRGAIN INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Airgain (AIRG) CEO Suen Jacob Sells 3,704 Shares
What Happened
Suen Jacob, President, CEO and a director of Airgain, sold 3,704 shares on March 4, 2026 at $4.16 per share, generating proceeds of approximately $15,400. This transaction was a sale (not a purchase) and was done to satisfy tax withholding related to the vesting and settlement of restricted stock units (RSUs).
Key Details
- Transaction date and price: 2026-03-04, sale at $4.16 per share.
- Total proceeds: ~$15,400 for 3,704 shares.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: (F1) Sale was a "sell-to-cover" to satisfy tax withholding for RSU vesting and was executed under an instruction letter intended to meet Rule 10b5-1 affirmative defense conditions. (F2) Transaction involves RSUs.
- Filing: Report filed 2026-03-06 (appears timely based on the reported transaction date).
Context
Sell-to-cover transactions are routine tax-withholding sales tied to equity awards and do not necessarily indicate the insider's view on the company's prospects. The filing notes an automated instruction for the sale, indicating it was not a discretionary open-market trade.
Insider Transaction Report
Form 4
AIRGAIN INCAIRG
SUEN JACOB
DirectorPresident and CEO
Transactions
- Sale
Common Stock
[F1][F2]2026-03-04$4.16/sh−3,704$15,400→ 282,931 total
Footnotes (2)
- [F1]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units (RSUs). The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The Reporting Person has executed an instruction letter for the automatic sale of such "sell-to-cover" shares, intended to satisfy the affirmative defense conditions of Rule 10b5-1.
- [F2]Includes RSUs.
Signature
/s/ Michael Elbaz, as attorney-in-fact|2026-03-06