Sadri Ali 4
Research Summary
AI-generated summary
Airgain (AIRG) CTO Sadri Ali Sells Shares
What Happened
- Sadri Ali, Chief Technology Officer of Airgain (AIRG), sold a total of 3,000 shares in open-market transactions on Feb 9–10, 2026. The filings report 2,119 shares at a weighted average price of $5.01 ($10,615) and 881 shares at a weighted average price of $5.24 ($4,619), for combined proceeds of approximately $15,234. These were sales (not purchases).
Key Details
- Transaction dates and prices:
- 2026-02-09: 2,119 shares reported at $5.01 (weighted avg; price range per footnote F2: $5.00–$5.04)
- 2026-02-10: 881 shares reported at $5.24 (weighted avg; price range per footnote F4: $5.00–$5.48)
- Total shares sold: 3,000; total proceeds: ~$15,234.
- Shares owned after transaction: not specified in the provided filing details.
- Notable footnotes:
- F1: Sales were made pursuant to a Rule 10b5-1 trading plan established Aug 13, 2025 (prearranged plan).
- F2/F4: Reported prices are weighted averages; actual trades occurred across price ranges (see ranges above).
- F3: Filing references restricted stock units (RSUs).
- Filing timeliness: Report was filed on Feb 11, 2026 for transactions on Feb 9–10, 2026 (within the Form 4 reporting window), so it appears timely.
Context
- These were planned, prearranged sales under a 10b5-1 plan, which is commonly used by insiders to sell shares on a set schedule and does not necessarily reflect current views on the company. Sales provide less clear bullish/bearish signal than purchases; no exercise, gift, or cashless transaction was reported.