Rettaliata Peter 4
4 · AIR INDUSTRIES GROUP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
AIRI Director Peter Rettaliata Receives RSU Award
What Happened
Peter Rettaliata, a director of Air Industries Group (AIRI), was granted 12,159 restricted stock units (RSUs) on February 12, 2026. The Form 4 reports the award as a derivative acquisition (code A) at a reported price of $0.00 and a reported acquisition value of $0.00. The RSUs vested upon grant but will be settled into shares according to the award’s settlement schedule and change-in-control provisions.
Key Details
- Transaction date: 2026-02-12; Filing date: 2026-02-17 (filed 5 days after the transaction date).
- Award: 12,159 RSUs; reported price $0.00; reported value $0.00 (derivative award).
- Shares owned after transaction: Not stated in the provided filing details.
- Footnote highlights:
- F1: Each RSU converts to one share at settlement. RSUs vested on grant and will be settled on the later of the first anniversary of the award date or upon a qualifying Change in Control; if no Change in Control by 18 months after the award date, vested RSUs will be settled at that 18-month anniversary.
- F2: Vesting schedule noted in the filing: 5,000 shares on Dec 31, 2025; 2,500 on Feb 28, 2026; and 2,500 on May 31, 2026.
- F3: “Exercisable in full” is listed in the filing (as provided).
- Timeliness: The Form 4 was filed 5 days after the transaction date, which is beyond the typical two-business-day filing window for many insider Form 4 reports.
Context
This was an equity award (RSUs), not a cash purchase or sale. RSU grants represent a right to receive shares in the future and do not involve an immediate cash outlay or sale of shares; the economic transfer occurs when the RSUs are settled into shares per the award terms. The vesting and settlement schedule (including the change-in-control and 18-month fallback) determine when Rettaliata will actually receive shares.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-02-12+12,159→ 12,159 total→ Common Stock (12,159 underlying)
- 27,152
Common Stock
- 10,000
Stock Options
[F2]Exercise: $3.00Exp: 2030-11-30→ Common Stock (10,000 underlying) - 30,000
Stock Options
[F3]Exercise: $3.75Exp: 2029-08-31→ Common Stock (30,000 underlying) - 1,000
Stock Options
[F3]Exercise: $3.50Exp: 2028-05-31→ Common Stock (1,000 underlying) - 4,040
Stock Options
[F3]Exercise: $3.43Exp: 2028-06-30→ Common Stock (4,040 underlying) - 1,000
Stock Options
[F3]Exercise: $8.40Exp: 2027-04-30→ Common Stock (1,000 underlying) - 100
Stock Options
[F3]Exercise: $12.50Exp: 2026-07-31→ Common Stock (100 underlying) - 1,000
Stock Options
[F3]Exercise: $13.20Exp: 2027-12-31→ Common Stock (1,000 underlying) - 1,000
Stock Options
[F3]Exercise: $23.80Exp: 2026-12-31→ Common Stock (1,000 underlying)
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.