Agrawal Ajay 4

What Happened

• Ajay Agrawal, a director of AirJoule Technologies Corp. (AIRJ), reported exercise/conversion of derivative securities and an award of restricted stock units (RSUs) on May 28, 2026. The filing shows an exercise/conversion of 28,037 derivative shares at an exercise price of $0.00 (reported as both acquired and disposed as a derivative) and a separate grant/acquisition of 30,227 RSUs at $0.00. No cash proceeds or open‑market sales of common stock are reported in this filing.

Key Details

• Transaction date: May 28, 2026; Form 4 filed June 1, 2026 (appears timely under the two‑business‑day rule).
• Derivative exercise/conversion: 28,037 shares @ $0.00 (transaction code M).
• Derivative disposition entry: 28,037 shares @ $0.00 (recorded as derivative disposal).
• Grant/award: 30,227 restricted stock units (RSUs) @ $0.00 (transaction code A).
• Footnotes: F1—each RSU equals a contingent right to one share; F2—the RSUs vested on May 28, 2026; F3—some RSUs (or future tranche) vest on the earlier of May 28, 2027 and the next annual shareholders’ meeting.
• Shares owned after transaction: not specified in the provided filing.

Context

• Transaction codes: M = exercise/conversion of derivative; A = grant/award. The $0.00 exercise price indicates no cash was reported as paid for the exercised/conversion event in this filing.
• Because F2 states the RSUs vested on May 28, 2026, those units convert to an entitlement to shares per F1; F3 describes different vesting terms for other units or future tranches. The filing does not show any immediate sale of the resulting common shares.