Zaatari Marwa 4

What Happened Marwa Zaatari, a director of AirJoule Technologies Corp. (AIRJ), executed derivative activity and received a restricted stock unit (RSU) award on May 28, 2026. The filing reports an exercise/conversion (code M) of 28,037 shares at $0 (acquired) with a corresponding disposition of 28,037 shares (also reported at $0). Separately, Zaatari was granted/awarded 30,227 RSUs (code A) at $0; footnotes indicate these RSUs represent the contingent right to one share each and vested on May 28, 2026. No cash purchase price or sale proceeds are reported for these entries.

Key Details

• Transaction date: May 28, 2026; Form 4 filed June 1, 2026 (appears later than the typical two-business-day reporting window).
• Entries reported:
  • M (exercise/conversion): 28,037 shares @ $0 (acquired)
  • M (disposition): 28,037 shares @ $0 (disposed)
  • A (award/grant): 30,227 RSUs @ $0 (acquired)
• Shares owned after the reported transactions: not specified in the provided filing details.
• Footnotes:
  • F1: Each RSU equals a contingent right to one common share.
  • F2: The RSUs vested on May 28, 2026.
  • F3: Some RSUs carry a vesting schedule of the earlier of May 28, 2027 and the date of the next annual shareholders’ meeting.
• No 10b5-1 plan, tax-withholding, or cash proceeds are disclosed in the supplied details.

Context

• Code explanations: M = exercise or conversion of a derivative; A = grant/award (RSUs). The filing shows conversion/exercise activity plus an RSU award that vested the same day. Because the exercise price and disposition are reported at $0, the filing does not show cash paid or received; it may reflect conversion/transfer mechanics rather than an open-market purchase or sale.
• For retail investors: awards and vested RSUs increase insider ownership potential but do not necessarily signal buying conviction the way open-market purchases do. The apparent late filing date is worth noting for compliance/timeliness considerations.