Form 4: Airgain's Chief Technology Officer, Ali Sadri, Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
Ali Sadri, Chief Technology Officer of Airgain, Inc., reports selling 1,055 shares of common stock to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
Summary
- On May 20, 2025, Ali Sadri, the Chief Technology Officer of Airgain, Inc. (AIRG), sold 1,055 shares of common stock at a price of $4.1 per share.
- The sale was executed to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
- Following the transaction, Sadri directly owns 126,851 shares, which includes RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This particular filing indicates a sale to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of stock sale transaction |
| 05/21/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Airgain, AIRG, Ali Sadri, Chief Technology Officer, Stock Sale, Restricted Stock Units, RSUs, Tax Withholding
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