TAGLICH ROBERT 4

What Happened

• Robert Taglich, a 10% owner of Air Industries Group (AIRI) and Managing Director of Taglich Brothers, reported related-party transactions on January 5, 2026. He acquired 11,998 shares at $2.84 each (cost $34,074) and disposed of 23,996 shares at $2.84 each (proceeds $68,149). Net on the day: a disposition of 11,998 shares.
• These transactions are coded as "J" (other acquisition/disposition involving related parties), not open-market buys/sells.

Key Details

• Transaction date: 2026-01-05; Price: $2.84 per share.
• Acquired: 11,998 shares for $34,074. Disposed: 23,996 shares for $68,149.
• Shares owned after the transactions: not specified in the Form 4 filing.
• Footnotes of note:
  • F1: Taglich Brothers, Inc. (of which Robert is Managing Director) sold 11,998 shares to Robert and 11,998 shares to Michael Taglich.
  • F2: References a vesting schedule (5,000 shares vests 12/31/2025; 2,500 on 2/28/2026; 2,500 on 5/31/2026).
  • F3: “Exercisable in full.”
  • F4–F5: Discuss conversion of issuer notes (6% convertible notes received via amendment to 8% notes) and accrued interest through 12/31/2020; F5 excludes interest accrued after 12/31/2020.
• Filing timeliness: The Form 4 was filed on 2026-01-21, 16 days after the Jan 5 transactions — later than the typical 2-business-day reporting requirement, reducing the timeliness of public disclosure.

Context

• Code J indicates related-party transfers rather than open-market trades; F1 confirms the transfers involved Taglich Brothers and a family member (Michael Taglich).
• As a 10% owner, Robert’s transactions reflect principal-level transfers and related-party dealings rather than routine executive compensation trades. The filing contains additional notes about vesting and convertible-note conversions that may relate to other holdings or past transactions.