KATHURIA CHIRINJEEV 4
4 · AIRO Group Holdings, Inc. · Filed Jun 18, 2025
Insider Transaction Report
Form 4
KATHURIA CHIRINJEEV
DirectorExecutive Chairman10% Owner
Transactions
- Conversion
Common Stock
2025-06-16+33,995→ 4,056,344 total(indirect: By LLC) - Conversion
Amended and Restated Success Fee Agreement
2025-06-16−33,995→ 0 total(indirect: By LLC)→ Common Stock (33,995 underlying)
Holdings
- 1,037,331
Common Stock
Footnotes (2)
- [F1]Represents 1,349,992.22 of the total outstanding principal owed to New Generation Aerospace, LLC ("NGA") that was due under the Amended and Restated Success Fee Agreement, which automatically converted into 33,995 shares of common stock of the Issuer in connection with the closing of the Issuer's initial public offering.
- [F2]The Reporting Person is the managing member of NGA and may be deemed to have sole voting and dispositive power over the shares of the Issuer's common stock held by NGA. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.