TAGLICH ROBERT 4

What Happened

• Robert Taglich, reported as a 10% owner of Air Industries Group (AIRI), was granted 12,159 restricted stock units (RSUs) on February 12, 2026. The grant is reported as an award/acquisition at $0.00 per share (derivative award), so no cash was paid on the grant date. The RSUs represent the right to receive shares of common stock upon settlement.

Key Details

• Transaction date: 2026-02-12; Report filed: 2026-02-17 (filed after the transaction date; appears to be a late filing).
• Award: 12,159 RSUs; reported price: $0.00; transaction code: A (award/grant).
• Shares owned after transaction: not specified in the provided filing.
• Relevant footnotes:
  • F1: Each RSU equals one share at settlement. RSUs “vested upon grant” but will be settled on the later of (A) the first anniversary of the award date or (B) a Change in Control (or, if no change in control occurs, settled by the 18‑month anniversary).
  • F2: A tranche schedule is noted: 5,000 shares on Dec 31, 2025; 2,500 on Feb 28, 2026; 2,500 on May 31, 2026.
• Classification: derivative award (RSUs), not an open‑market purchase or sale.

Context

• RSU grants are a form of compensation and do not represent an immediate market purchase or sale; they convert into shares only upon settlement according to the stated schedule or triggering events. As a 10% owner, this filing reflects ownership changes by a substantial holder rather than routine employee open‑market trading. The apparent late filing could affect how quickly investors see this change in ownership records.