Pylypiv Mariya 4/A
4/A · AIRO Group Holdings, Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
AIRO CFO Mariya Pylypiv Receives Award; Derivative Conversion
What Happened
- Mariya Pylypiv, Chief Financial Officer of AIRO Group Holdings (AIRO), was issued 19,965 net shares on June 16, 2025 as a bonus award with a stated value of $300,000. On the same date a 250-share contingent payment (conversion of a derivative security) was issued to Persistent LLC, an entity for which Ms. Pylypiv is the sole member. One line in the filing also shows a 250-share disposition at $0.00 — this represents conversion/transfer activity, not an open-market sale.
Key Details
- Transaction date: June 16, 2025 (Amended Form 4 filed May 26, 2026)
- Award: 19,965 shares issued as a bonus valued at $300,000 (10,035 shares withheld to satisfy taxes; original filing incorrectly reported 30,000)
- Derivative conversion: 250 shares issued as a one-time contingent interest payment equal to $2,500 in shares; issued to Persistent LLC (earlier filing incorrectly reported 2,500 shares to the Reporting Person)
- Disposition line: 250 shares at $0.00 reflects conversion/transfer of a derivative, not a market sale
- Shares owned after transaction: not specified in this filing
- Filing status: This is an amended filing correcting prior errors; amendment was filed late (reported period 2025-06-16; amended Form 4 filed 2026-05-26)
Context
- These entries are awards and a derivative conversion (not open-market purchases or sales). The bonus was partially net-settled for tax withholding (F = tax withholding), which reduced the net shares issued. The amendment corrects previously misstated share counts and the recipient of the contingent payment; investors should view this as insider compensation reporting rather than a direct market buy/sell signal.
Insider Transaction Report
Form 4/AAmended
Pylypiv Mariya
Chief Financial Officer
Transactions
- Conversion
Common Stock
[F1][F2][F3]2025-06-16+250→ 250 total(indirect: By LLC) - Award
Common Stock
[F4][F5]2025-06-16+19,965→ 19,965 total - Conversion
Investor Notes
[F1][F2][F3]2025-06-16−250→ 0 total(indirect: By LLC)→ Common Stock (250 underlying)
Footnotes (5)
- [F1]Represents shares issued to Persistent LLC upon the closing of the Issuer's initial public offering as a one-time contingent interest payment of $2,500 paid in shares of common stock pursuant to a note issued to Persistent LLC.
- [F2]On June 18, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 2,500 shares were issued to the Reporting Person upon the closing of the Issuer's initial public offering as a one-time contingent interest payment of $2,500 paid in shares of common stock pursuant to a note issued to the Reporting Person. In fact, as reported in this amendment, only 250 shares were issued and such shares were issued to Persistent LLC, not to the Reporting Person.
- [F3]The Reporting Person is the sole member of Persistent LLC.
- [F4]Represents net shares issued to the Reporting Person in connection with a bonus award with a value of $300,000 pursuant to the terms of an employment agreement by and between the Issuer and the Reporting Person.
- [F5]On June 18, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 30,000 shares were issued as a bonus with a value of $300,000. In fact, as reported in this amendment, only 19,965 shares were issued due to the withholding of 10,035 shares to satisfy tax withholding obligations.
Signature
/s/ Joseph D. Burns, Attorney-in-Fact|2026-05-26