BUONANNO DAVID 4

4 · AIR INDUSTRIES GROUP · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 17, 2026

Air Industries (AIRI) Director David Buonanno Receives 12,159 RSUs

What Happened

David Buonanno, a director of Air Industries Group (AIRI), was granted 12,159 restricted stock units (RSUs) on February 12, 2026. The RSUs were reported as acquired at $0.00 (derivative award). This is an award/grant transaction (Form 4 code A) rather than a purchase or sale.

Key Details

Transaction date: 2026-02-12; Filing date (Form 4): 2026-02-17 (appears to be filed late relative to the trade date).
Amount: 12,159 RSUs granted; grant price reported as $0.00 (no cash paid).
Shares owned after transaction: Not specified in the filing.
Footnotes of record:
- F1: Each RSU converts to one share at settlement. The RSUs “vested upon grant” and will be settled at the later of (a) the first anniversary of the award date or (b) a qualifying Change in Control; if no Change in Control occurs within 18 months, vested RSUs will be settled on the 18‑month anniversary.
- F2: A vesting schedule is also noted: 5,000 shares on Dec 31, 2025; 2,500 on Feb 28, 2026; and 2,500 on May 31, 2026.
- F3: “Exercisable in full” noted in filing.
Transaction type: Award/Grant (code A); derivative securities (RSUs), not an open‑market buy or sale.

Context

RSU grants are compensation awards and do not necessarily indicate immediate buying/selling intent; settlement may be delayed per the terms above. Because this was an award (not a market purchase), it’s primarily a compensation event rather than a direct bullish or bearish trading signal.
The filing was submitted five days after the transaction date; late filing may be noted by investors but does not change the substance of the award.

Form 4

Period: 2026-02-12

Director

Transactions

Award
Restricted Stock Units
[F1]
2026-02-12+12,159→ 12,159 total
→ Common Stock (12,159 underlying)

Holdings

Common Stock
4,803
Stock Option
[F2]
Exercise: $3.00Exp: 2030-11-30→ Common Stock (10,000 underlying)
10,000
Stock Option
[F3]
Exercise: $3.75Exp: 2029-08-31→ Common Stock (10,000 underlying)
10,000
Stock Option
[F3]
Exercise: $3.50Exp: 2028-05-31→ Common Stock (1,000 underlying)
1,000
Stock Option
[F3]
Exercise: $3.43Exp: 2028-06-30→ Common Stock (2,160 underlying)
2,160
Stock Option
[F3]
Exercise: $8.40Exp: 2027-04-30→ Common Stock (1,000 underlying)
1,000
Stock Option
[F3]
Exercise: $12.50Exp: 2026-07-31→ Common Stock (100 underlying)
100
Stock Option
[F3]
Exercise: $13.20Exp: 2027-12-31→ Common Stock (1,000 underlying)
1,000
Stock Option
[F3]
Exercise: $23.80Exp: 2026-12-31→ Common Stock (1,000 underlying)
1,000

Footnotes (3)

[F1]Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.
[F2]Vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026.
[F3]Exercisable in full.

Signature

/s/ David Buonanno|2026-02-16

1 file