Sadri Ali 4
4 · AIRGAIN INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Airgain (AIRG) CTO Sadri Ali Sells 1,228 Shares
What Happened
Sadri Ali, Chief Technology Officer of Airgain Inc. (AIRG), disposed of 1,228 shares on 2026-03-04 at $4.16 per share, for total proceeds of approximately $5,106. This was a sale (not a purchase) executed to cover tax withholding obligations tied to the vesting/settlement of restricted stock units (RSUs), and the filing notes it was not a discretionary market trade.
Key Details
- Transaction date & price: 2026-03-04, 1,228 shares sold at $4.16 each. Total ≈ $5,106.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: Sale was a "sell-to-cover" to satisfy tax withholding for RSU vesting; reporting person executed an automatic instruction letter intended to meet Rule 10b5-1 affirmative defense conditions (per footnote F1). Filing also notes the shares involved include RSUs (F2).
- Filing timeliness: Report filed 2026-03-06 for a 2026-03-04 transaction — appears to be filed within the normal two-business-day Form 4 window.
Context
A sell-to-cover tied to RSU vesting is a routine administrative transaction to satisfy tax obligations and is not typically interpreted as a signal of a change in insider sentiment. The filing’s note about an instruction letter and 10b5-1 conditions indicates the sale was executed under pre-authorized procedures rather than as an ad-hoc decision.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-04$4.16/sh−1,228$5,106→ 121,802 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.