Elbaz Michael 4

What Happened

• Michael Elbaz, Chief Financial Officer of Airgain, received equity awards on March 15, 2026 totaling 80,890 restricted stock units (RSUs): 10,774 RSUs, 9,669 RSUs, and 60,447 RSUs. Each line is reported as acquired at $0.00 (award/grant). The 60,447 item is reported as a derivative/RSU grant.
• These are grants (awards), not open-market purchases or sales, so they reflect compensation/equity awards rather than a direct buy or sell by the insider.

Key Details

• Transaction date: 2026-03-15; Filing date (Form 4): 2026-03-17 — appears to be filed within the typical 2-business-day window.
• Reported acquisition amounts: all entries listed at $0.00 (standard for RSU grants; market value at grant not shown in the filing).
• Shares after transaction: not reported in the provided transaction details.
• Relevant footnotes in the filing:
  • F1: Certain RSUs are fully vested.
  • F2: Indicates inclusion of RSUs.
  • F3: Describes vesting schedule for some RSUs — vesting in substantially equal installments on March 15 of 2027, 2028, 2029 and 2030, subject to continued service; acceleration possible per employment agreement.
  • F4 (general note in filing): describes standard option vesting mechanics (not directly applicable to the RSU lines above).
• No indication of a 10b5-1 plan, tax withholding sale, or immediate sale of shares in this filing.

Context

• These transactions are compensation awards (RSUs). RSUs vest according to the footnoted schedules: some grants are fully vested (immediately convertible to shares) while others vest over multiple years. For retail investors, such grants reflect executive compensation and retention measures rather than a clear buy/sell signal.