Form 4: Airgain Director T J Chung Acquires Shares via RSU Grant

Airgain Director T J Chung received 2,308 restricted stock units as part of his 2025 annual retainer, increasing his total beneficial ownership to 43,758 shares.

Summary

• T J Chung, a Director of Airgain, Inc. (AIRG), acquired 2,308 shares of common stock.
• The acquisition occurred on January 2, 2026, and was in the form of restricted stock units (RSUs).
• These RSUs were fully vested and granted in lieu of a cash payment for the fourth quarter portion of the 2025 annual retainer.
• The transaction price for these RSUs was $0.
• Following this transaction, T J Chung beneficially owns a total of 43,758 shares, which includes these newly acquired RSUs.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director's increased equity ownership generally aligns their interests with shareholders, even though it's a compensation grant rather than a direct cash purchase.

Positives

• The acquisition of restricted stock units by a director increases their beneficial ownership, aligning their interests more closely with those of shareholders.
• Granting RSUs in lieu of cash for annual retainers is a common practice that conserves cash for the company while still compensating directors.

Negatives

• The acquisition was not a direct cash purchase by the director, meaning there was no personal capital outlay for these shares.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation, which is a standard practice across various industries to align management and director interests with shareholders. It does not provide information on broader industry trends or competitive landscape.

Related Party Transactions

• The grant of restricted stock units to Director T J Chung for his annual retainer constitutes a related party transaction, as it involves compensation from the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to higher equity ownership.
• Employees: No direct impact on employees mentioned in this filing.
• Customers: No direct impact on customers mentioned in this filing.
• Suppliers: No direct impact on suppliers mentioned in this filing.
• Creditors: No direct impact on creditors mentioned in this filing.

Key Dates

Keywords

Airgain, AIRG, T J Chung, Director, Restricted Stock Units, RSU, Insider Transaction, Beneficial Ownership, Compensation, Equity Grant