MacDonald Chad 4

What Happened
Chad MacDonald, Chief Legal Officer of AirJoule Technologies Corp. (AIRJ), sold a total of 7,307 shares via open-market transactions on June 8–9, 2026. The filings report 5,320 shares sold on 2026-06-08 at a weighted average price of $4.65 (total ~$24,719) and 1,987 shares sold on 2026-06-09 at a weighted average price of $4.50 (total ~$8,938), for combined proceeds of approximately $33,657. According to the filing, these sales were mandatory "sell-to-cover" transactions to satisfy tax withholding on vested restricted stock units (RSUs) and were not discretionary trades by the reporting person.

Key Details

• Transaction dates and prices:
  • 2026-06-08: 5,320 shares sold, weighted avg $4.65 (individual trades ranged $4.62–$4.68) (F2).
  • 2026-06-09: 1,987 shares sold, weighted avg $4.50 (individual trades ranged $4.45–$4.58) (F3).
• Total sold: 7,307 shares for ~ $33,657.
• Reason: Mandatory sell-to-cover for RSU tax withholding (F1); not a discretionary sale.
• Shares owned after the transaction: Not stated in the excerpt of the Form 4 provided.
• Filing timeliness: Report filed 2026-06-10; appears to be filed within the standard Form 4 reporting window (timely).

Context
Sell-to-cover transactions are routine tax-withholding events when RSUs vest and do not necessarily indicate insider sentiment about the company. Footnotes indicate the reported prices are weighted averages across multiple trades; the reporting person has offered to provide per-trade price details on request to the issuer, shareholders, or SEC staff.