McCandless Sherrie 4
Research Summary
AI-generated summary
AIRO Director Sherrie McCandless Receives 11,026 RSU Award
What Happened
Sherrie McCandless, a director of AIRO Group Holdings, Inc. (AIRO), received an award of 11,026 restricted stock units (RSUs) on June 4, 2026. The award was recorded at $0.00 per share (RSUs are a contingent right to receive common shares upon vesting), so the immediate cash value reported is $0.
Key Details
- Transaction date: 2026-06-04; Form 4 filed 2026-06-05 (no late filing indicated).
- Transaction type/code: Grant/Award (A).
- Amount: 11,026 RSUs @ $0.00 (each RSU represents a contingent right to one share).
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: RSUs vest in full on the earlier of (i) June 4, 2027, or (ii) the date of the issuer’s next annual stockholder meeting (with a special rule if the director’s service ends due to not being re-elected).
Context
RSU grants to directors are typically compensation for board service rather than open-market purchases, so they do not necessarily signal the director’s personal buying or selling sentiment. These RSUs will convert to shares only if and when they vest per the schedule above.