McCandless Sherrie 4

What Happened
Director Sherrie McCandless received a grant of 4,460 restricted stock units (RSUs) on February 1, 2026. The award was reported as an acquisition (code A) at $0.00 per unit (i.e., no cash paid at grant). The RSUs represent a contingent right to receive one share of AIRO common stock per RSU and will vest in full on the date of the next annual meeting of stockholders, subject to her continuous service through that date.

Key Details

• Transaction date: 2026-02-01; Form 4 filed: 2026-02-05 (late filing due to inadvertent administrative error). Timeliness flag: L.
• Transaction type/code: Award/Grant (A). Quantity: 4,460 RSUs; reported price: $0.00.
• Footnote: RSUs convert to one share each upon vesting; vesting contingent on continued service until next annual meeting.
• Shares owned after transaction: Not specified in this Form 4.
• No sale or immediate disposition reported (this was a compensation award, not a market purchase or sale).

Context
RSU grants are a common form of equity compensation intended to align executives and directors with shareholder interests; they do not reflect an immediate cash investment by the insider. The ultimate value to the insider will depend on AIRO’s stock price at vesting. The late filing reduces short-term transparency but was described by the filer as inadvertent and administrative.