SUEN JACOB 4

What Happened Jacob Suen, President & CEO and a director of Airgain, sold 15,993 shares on 2026-01-20 in open-market/private-sale transactions at a weighted average price of $4.00 per share, generating proceeds of approximately $63,908. This sale was a sell-to-cover tied to the vesting and settlement of restricted stock units (RSUs), not an independent discretionary trade.

Key Details

• Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (timely filing).
• Shares sold: 15,993; weighted average price: $4.00; price range: $3.9838–$3.9966 across multiple trades.
• Reported value: ~$63,908 total proceeds.
• Reason: Sold to cover tax withholding on vested RSUs (sell-to-cover). Reporting person executed an instruction letter for automatic sale and referenced Rule 10b5-1 affirmative defense.
• Securities involved: Shares issued upon RSU vesting (per footnote).
• Filing timeliness: Report appears timely (filed two days after the transaction).

Context Sell-to-cover transactions are routine tax-related dispositions when equity grants vest and generally do not by themselves indicate an insider view on the company’s prospects. Purchases by insiders tend to be more informative about positive sentiment; this filing documents a tax-driven sale under an automatic instruction.