EILERS PATRICK C 4

What Happened

• Patrick C. Eilers, Executive Chairman and Director of AirJoule Technologies (AIRJ), had 6,250 restricted stock units (RSUs) convert into Class A common shares on 2026-06-05 (reported on Form 4 filed 2026-06-09). The conversion is recorded as exercise/conversion of a derivative (transaction code M) at $0.00. To cover tax withholding (transaction code F), 1,832 shares were surrendered at $4.87 each for a tax payment of $8,922, leaving a net of 4,418 shares delivered to Eilers.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09.
• Conversion: 6,250 RSUs -> 6,250 shares (M) at $0.00 (no cash exercise price).
• Tax withholding: 1,832 shares withheld (F) at $4.87/share = $8,922.
• Net shares received by Eilers from this vesting: 4,418 shares (6,250 − 1,832).
• Footnote: These were restricted stock units that vest in four equal annual installments beginning June 6, 2025; each RSU converts to one share (F1).
• Shares owned after the transaction are not specified in the provided filing excerpt.
• The filing does not indicate a separate open-market purchase or sale beyond the tax-withholding share surrender.

Context

• This is a routine RSU vesting/conversion and tax-withholding transaction (not an open-market buy or sale). The F code indicates shares were surrendered to the company to satisfy tax withholding—commonly called a cashless/stock-for-taxes withholding—rather than a sale on the open market. No late-filing flag was noted in the excerpt provided.