Form 4: AirJoule CLO Executes Mandatory Sell-to-Cover Transaction

Chief Legal Officer Chad MacDonald sold 7,307 shares of AirJoule Technologies Corp. to satisfy tax obligations related to RSU vesting.

Summary

• Chad MacDonald, Chief Legal Officer of AirJoule Technologies Corp., sold a total of 7,307 shares of Class A Common Stock.
• The transactions occurred on June 8, 2026 (5,320 shares at an average price of $4.6464) and June 9, 2026 (1,987 shares at an average price of $4.498).
• Following these transactions, the reporting person retains beneficial ownership of 44,080 shares.
• The sales were mandatory 'sell-to-cover' transactions to satisfy tax withholding obligations upon the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and mandatory for tax compliance.

Positives

• The transaction was non-discretionary, indicating it was not a signal of management's outlook on the company's future performance.

Negatives

• Reduction in the direct equity stake held by a key executive.

Risks

• None identified; this is a routine administrative tax-related transaction.

Future Outlook

Not applicable; this is a retrospective disclosure of a mandatory tax-related transaction.

Management Comments

• The sales were effected through a mandatory 'sell to cover' transaction that did not represent a discretionary trade by the Reporting Person.

Industry Context

StockSavvy.ai notes that 'sell-to-cover' transactions are standard corporate practice for executives receiving equity-based compensation and do not typically reflect changes in management sentiment regarding company valuation.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation practices observed in publicly traded technology and industrial firms.
• Mandatory tax withholding via share sales is a common mechanism used by companies like Apple, Microsoft, and other major tech entities to manage RSU tax liabilities.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was non-discretionary and related to tax obligations.

Next Steps

• None; this is a completed transaction.

Key Dates

Keywords

AirJoule Technologies, AIRJ, Insider Trading, Form 4, SEC Filing, Equity Compensation