Sadri Ali 4
Research Summary
AI-generated summary
Airgain (AIRG) CTO Sadri Ali Sells 4,733 Shares
What Happened
- Sadri Ali, Chief Technology Officer of Airgain, sold 4,733 shares on 2026-01-20. The weighted average sales price was $4.00 per share (prices ranged $3.9900–$3.9966), for total proceeds of approximately $18,914. This was a sale (not a purchase).
Key Details
- Transaction date: 2026-01-20; Form filed: 2026-01-22 (timely filing).
- Transaction type: Sale (open market / sell-to-cover) to satisfy tax withholding on vested RSUs.
- Quantity and price: 4,733 shares; weighted avg $4.00; price range $3.9900–$3.9966; proceeds ≈ $18,914.
- Shares after transaction: Not specified in the summary provided — see the Form 4 for updated beneficial ownership.
- Footnotes: Sale executed to cover tax withholding for RSU vesting (sell-to-cover). Reporting person executed an instruction letter for automatic sale intended to satisfy Rule 10b5-1 affirmative defense. Weighted-average price reflects multiple transactions; detailed per-price breakdown available on request.
Context
- This was a routine sell-to-cover tied to RSU vesting — a common transaction that satisfies tax obligations and is not necessarily an indication of the insider’s market view. The filer used an automated instruction (sell-to-cover) and referenced Rule 10b5-1 procedures to document the transaction.