Airgain (AIRG) CFO Michael Elbaz Sells Shares

What Happened Michael Elbaz, Chief Financial Officer of Airgain, sold 4,587 shares on January 20, 2026 via open-market/private sale. The sales generated approximately $18,330 (weighted average price $4.00). This was a sale (S) executed to cover tax withholding related to RSU vesting rather than a discretionary investment decision.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (timely within required reporting window).
• Shares sold: 4,587; weighted average price reported $4.00; prices ranged from $3.9852 to $3.9966 (multiple transactions).
• Total proceeds: ~$18,330.
• Purpose/footnotes:
  • F1: Sale was a sell-to-cover to satisfy tax withholding for vested RSUs; executed under an instruction letter and intended to meet Rule 10b5-1 affirmative defense conditions.
  • F2: Weighted average price; filer can provide details on per-price share counts on request.
  • F3: Transaction involves RSUs.
• Shares owned after the transaction: not disclosed in the provided summary (see the SEC Form 4 for full holdings).

Context This was a tax-withholding sale tied to RSU settlement (sell-to-cover), a common administrative transaction for executives. It does not by itself indicate a discretionary buy or sell decision about the company's outlook.