SEC Form 4 · accession 0001213900-26-095771
AIR INDUSTRIES GROUP · AIRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Porcelain
Director
Period of report
Aug 27, 2026
Accepted (ET)
Aug 31, 2026 · 4:41 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001009891
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 27, 2026 | A | 5,523 | $2.59 | A | 81,274 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 60,791 | 60,791 | D |
| Stock OptionsF3 | $3.00 | holding | — | — | — | — | Nov 30, 2030 | Common Stock | 10,000 | 10,000 | D |
| Stock OptionsF3 | $3.75 | holding | — | — | — | — | Aug 31, 2029 | Common Stock | 10,000 | 10,000 | D |
| Stock OptionsF3 | $3.50 | holding | — | — | — | — | May 31, 2028 | Common Stock | 1,000 | 1,000 | D |
| Stock OptionsF3 | $3.43 | holding | — | — | — | — | Jun 30, 2028 | Common Stock | 2,160 | 2,160 | D |
| Stock OptionsF3 | $8.40 | holding | — | — | — | — | Apr 30, 2027 | Common Stock | 1,000 | 1,000 | D |
| Stock OptionsF3 | $13.20 | holding | — | — | — | — | Dec 31, 2027 | Common Stock | 1,000 | 1,000 | D |
| Stock OptionsF3 | $23.80 | holding | — | — | — | — | Dec 31, 2026 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Grant pursuant to equity plan.
- F2Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date, and (B) the occurrence of a Change in Control, which for purposes of this Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the date that is the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the date that is the eighteen (18) month anniversary of the Award Date.
- F3Exercisable in full.