Burns Joseph D 4/A

What Happened Joseph D. Burns, CEO of AIRO Group Holdings, received a bonus award of 12,232 shares on September 15, 2025, reported under transaction code A (award). The award is reported as having a total value of $175,000 per the employment agreement; no per-share price is stated on the filing. This is an amended Form 4 (filed 2026-05-26) correcting earlier reporting.

Key Details

• Transaction date: 2025-09-15 (Period of Report); Form 4 amended on 2026-05-26. Filing is late relative to the standard 2-business-day Form 4 deadline.
• Reported shares acquired: 12,232 shares (net).
• Original filing error: an earlier Form 4 (filed Oct 22, 2025) incorrectly reported 17,500 shares; this amendment clarifies that 5,268 shares were withheld to satisfy tax obligations (footnote F2, tax withholding = F).
• Footnote F1: the net shares represent a bonus award worth $175,000 under Burns’s employment agreement.
• Footnote F3: 1,314 shares previously reported as indirectly held by Joseph D. Burns & Kim A. Burns JTWROS should have been reported as directly held (reclassification).
• Shares owned after the transaction are not specified in the information provided.

Context This was a compensation-related award (not an open-market purchase or sale). Withholding shares to cover taxes is routine for equity-based compensation and reduces the net shares issued. The amendment corrects prior reporting errors but does not change the nature of the award itself.