Form 4: Air Industries Group President Acquires Shares
SEC Form 4 Filing
Luciano M. Melluzzo, President of Air Industries Group, recently purchased 11,082 shares of common stock at $3.635 per share.
Summary
- On June 6, 2024, Luciano M. Melluzzo, President of Air Industries Group, acquired 11,082 shares of common stock at a price of $3.635 per share.
- Following the transaction, Melluzzo directly owns 21,082 shares of Air Industries Group common stock.
- Melluzzo also holds various stock options with different exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchase of shares by the President is a positive sign, but the document is primarily a regulatory filing.
Positives
- The President's purchase of shares could be seen as a positive signal about the company's prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company executive believes the company's stock is undervalued.
Stakeholder Impact
- The purchase could increase investor confidence.
Key Dates
| Date | Description |
|---|---|
| 06/02/2023 | 9,000 shares of stock options vest. |
| 09/30/2024 | Stock options for 27,000 shares expire. |
| 03/31/2025 | Stock options for 20,000 shares expire. |
| 03/31/2026 | Stock options for 15,000 shares expire. |
| 07/31/2026 | Stock options for 18,000 shares expire. |
| 03/31/2027 | Stock options for 20,000 shares expire. |
| 06/06/2024 | Luciano M. Melluzzo purchased 11,082 shares of common stock. |
| 05/31/2024 | 9,000 shares of stock options vest. |
| 05/31/2025 | 9,000 shares of stock options vest. |
| 06/30/2028 | Stock options for 48,000 shares expire. |
| 05/31/2028 | Stock options for 27,000 shares expire. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.