Form 4: Airgain CEO Jacob Suen Exercises Stock Options, Sells Shares
SEC Form 4 Filing
Airgain's CEO, Jacob Suen, exercised stock options and sold a small portion of the acquired shares on March 13, 2025.
Summary
- On March 13, 2025, Jacob Suen, the President and CEO of Airgain, Inc., exercised employee stock options.
- He acquired 120 shares of common stock through the exercise of these options at a price of $2 per share.
- Simultaneously, Suen sold 120 shares of common stock at a price of $4.66 per share.
- Following these transactions, Suen directly owns 229,999 shares of common stock, including Restricted Stock Units, and 11,982 stock options.
- The stock options were granted on March 18, 2015, under the 2013 Equity Incentive Plan and were fully vested and exercisable.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing reflects routine insider trading activity. Executives often exercise stock options as part of their compensation and may sell a portion of the acquired shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 03/18/2015 | Date the reporting person received the stock options pursuant to an award under the 2013 Equity Incentive Plan. |
| 03/13/2025 | Date of the stock option exercise and sale of shares. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
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