Pylypiv Mariya 4/A

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.