Sadri Ali 4

What Happened

• Sadri Ali, Chief Technology Officer of Airgain, was awarded a total of 61,755 shares via three grants on March 15, 2026: 11,116 shares (acquired at $0.00), 6,983 shares (acquired at $0.00), and 43,656 shares reported as a derivative acquisition (at $0.00). All grants were recorded as awards (transaction code A) and have zero cash purchase price (i.e., compensation grants rather than open-market purchases).

Key Details

• Transaction date: March 15, 2026; filing date: March 17, 2026 (filed within the usual Form 4 window).
• Grant amounts/prices: 11,116 @ $0.00; 6,983 @ $0.00; 43,656 (derivative) @ $0.00. Total awarded: 61,755 shares; total cash outlay: $0.
• Shares owned after transaction: Not specified in the provided excerpt of the filing—see the full Form 4 for current beneficial ownership.
• Notable footnotes from the filing:
  • F1: Some awards are restricted stock units (RSUs) and are fully vested.
  • F2: Certain amounts include RSUs.
  • F3: A sizable RSU grant vests in substantially equal installments on March 15 of 2027, 2028, 2029 and 2030, subject to continued service, and may accelerate per the employment agreement.
  • F4: Describes standard option vesting mechanics and potential acceleration (included in the filing disclosures).
• No sale or cashless exercise reported; these are compensation grants, not open-market purchases or sales.

Context

• These entries are awards/RSUs (compensation), which are common for executives and do not represent a cash purchase or market sale. Some portion is already fully vested (immediate ownership), while a larger portion vests over future years and may accelerate under certain conditions per the employment agreement. No immediate sales were reported. For complete holdings and potential tax-withholding or subsequent sales, consult the full Form 4 filing (Accession 0001193125-26-111668).