CHUNG T J 4
Research Summary
AI-generated summary
Airgain (AIRG) Director T.J. Chung Receives RSU Award (19,917 shares)
What Happened
- T.J. Chung, a director of Airgain, received equity awards on 2026-02-02 consisting of 7,257 shares and 12,660 derivative shares (total 19,917). The awards were granted at $0.00 per share (no cash exchanged) and are reported as awards/derivative acquisitions (Form 4 code A). These are restricted stock units (RSUs) that convert to common shares if vesting conditions are met.
Key Details
- Transaction date: February 2, 2026; filing date: February 4, 2026.
- Price: $0.00 per share; total reported value at grant = $0.
- Vesting: Footnote F1/F2 — the RSUs vest 100% on February 2, 2027, subject to continued service through that date.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote F3 notes an option vesting structure generally (exercisable as it vests) but no option exercise was reported in this transaction.
- Filing timeliness: Report filed two days after the transaction (appears timely).
Context
- These awards are grants of RSUs (a promise to deliver shares if vesting conditions are met), not open-market purchases or sales; they do not indicate an immediate purchase or sale of stock. For retail investors, RSU grants show management/company compensation and potential future share issuance if the director remains through the vest date.