JORE MATTHEW B 4

What Happened

• Matthew B. Jore, CEO of AirJoule Technologies Corp., exercised/converted derivative securities on June 5, 2026. The Form 4 shows two derivative transactions of 12,500 shares each (total 25,000 shares) reported as "M" (exercise/conversion).
• To satisfy tax withholding, 3,729 shares were surrendered/disposed at an effective value of $4.87 per share, totaling $18,160 (transaction code F). There is no open-market sale reported — the withholding appears to have been done in shares.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (filed timely).
• Derivative exercises: 12,500 shares (M, acquired) and another 12,500 shares (M, disposed as derivative conversion) — total 25,000 shares affected.
• Tax withholding: 3,729 shares disposed under code F at $4.87/share = $18,160.
• Shares owned after transaction: Not reported on the Form 4.
• Footnote: RSUs vest in four equal annual installments beginning June 6, 2025; each RSU represents a contingent right to one share (per filing footnote F1).
• Timing: Filing appears timely (filed on 2026-06-09 reporting a 2026-06-05 transaction).

Context

• These entries reflect an insider converting/exercising derivative awards and using part of the resulting shares to cover tax obligations; this is a common administrative action and not an open-market sale.
• For retail investors: exercises and RSU vesting increase insider ownership (net here = 25,000 acquired less 3,729 withheld = 21,271 net new shares), which may matter for understanding insider stake changes, but this filing does not state total post-transaction holdings.