SUEN JACOB 4

What Happened

• Jacob Suen, President, CEO and a Director of Airgain (AIRG), was granted a total of 121,089 restricted stock units (RSUs) on March 15, 2026. The filing reports three awards: 25,653 RSUs, 13,161 RSUs, and 82,275 RSUs, each recorded at $0.00 per unit (an equity award, not a cash purchase).
• These awards are grants (transaction code A). The 25,653 RSUs are fully vested; the 82,275 RSUs are time‑vesting and will vest in substantially equal installments on Mar 15 of 2027, 2028, 2029 and 2030, subject to continued service and possible acceleration under his employment agreement. The filing does not state a dollar value or total shares owned after the grants.

Key Details

• Transaction date: March 15, 2026. Form 4 filed March 17, 2026 (timely filing).
• Grants: 25,653 RSUs @ $0.00 (fully vested); 13,161 RSUs @ $0.00 (RSUs included in holdings); 82,275 RSUs @ $0.00 (time‑vesting derivative RSUs).
• Total RSUs granted on the date: 121,089.
• Shares owned after transaction: not disclosed in the provided filing data.
• Notable footnotes: F1 confirms 25,653 RSUs are fully vested; F2 notes inclusion of RSUs in reported holdings; F3 describes the vesting schedule for the 82,275 RSUs and potential acceleration per the employment agreement.
• Transaction type: Award/grant (not an open‑market purchase or sale).

Context

• RSUs are a contingent right to receive common shares when they vest; fully vested RSUs typically convert to shares (and create a tax event), while time‑vesting RSUs require continued service to convert. The filing indicates a mix of immediately vested and scheduled future vesting.
• These awards represent compensation/equity grants rather than insider purchases or sales, so they reflect company compensation decisions more than an immediate market sentiment signal.