Sadri Ali 4

What Happened
Sadri Ali, Chief Technology Officer of Airgain, reported sales of 14,638 shares in March 2026. On March 20 he sold 13,638 shares at $4.12 per share (~$56,178) and on March 23 he sold 1,000 shares at $5.00 per share ($5,000), for total proceeds of about $61,178. These were sales (not purchases) and appear to be routine/tax-related or plan-driven transactions rather than discretionary open-market buys.

Key Details

• Transaction dates and prices:
  • 2026-03-20: 13,638 shares sold @ $4.12 (≈ $56,178)
  • 2026-03-23: 1,000 shares sold @ $5.00 (≈ $5,000)
  • Total: 14,638 shares sold for ≈ $61,178
• Reason/footnotes:
  • F1/F3: The March 20 sale was to cover tax withholding associated with the vesting/settlement of RSUs (sell-to-cover).
  • F4: Sales were effected pursuant to a Rule 10b5-1 trading plan established Aug 13, 2025.
  • F2: The reported price(s) reflect a broker-calculated weighted average for block trades; the reporting person can provide per-trade breakdown on request.
• Shares owned after the transactions: Not specified in the supplied filing excerpt — see the full Form 4 for "Amount of Securities Owned Following Reported Transaction."
• Filing: Form 4 filed 2026-03-24 covering transactions through 2026-03-23 (period of report listed as 2026-03-20). No late-filing flag provided in the excerpt.

Context
Sell-to-cover transactions are commonly used to satisfy tax withholding when RSUs vest; sales under an established 10b5-1 plan are pre-arranged trading instructions. Both are generally considered routine and do not, by themselves, indicate the insider’s view of the company’s near-term prospects.