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AIR INDUSTRIES GROUP — Director's Dealing 2026
Feb 17, 2026
35084_dirs_2026-02-17_31f178c6-9490-4ef2-82b8-b12376dbd5db.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AIR INDUSTRIES GROUP (AIRI)
CIK: 0001009891
Period of Report: 2026-02-12
Reporting Person: TAGLICH MICHAEL N (Director, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2026-02-12 | Restricted Stock Units | $ | A | 12159 | Acquired | Common Stock (12159) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 455843 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $3.00 | 2030-11-30 | Common Stock (10000) | 10000 | Direct |
| Stock Options | $3.75 | 2029-08-31 | Common Stock (10000) | 10000 | Direct |
| Stock Options | $3.5 | 2028-05-31 | Common Stock (1000) | 1000 | Direct |
| Stock Options | $3.43 | 2028-06-30 | Common Stock (2120) | 2120 | Direct |
| Stock Option | $8.4 | 2027-04-30 | Common Stock (1000) | 1000 | Direct |
| Stock Option | $13.2 | 2027-12-31 | Common Stock (1000) | 1000 | Direct |
| Stock Option | $23.8 | 2026-12-31 | Common Stock (1000) | 1000 | Direct |
| Convertible Notes | $15 | 2026-07-01 | Common Stock (84877) | Direct | |
| Convertible Notes | $9.3 | 2026-07-01 | Common Stock (110323) | Direct | |
| Convertible Notes | $15 | 2026-07-01 | Common Stock (7812) | Direct |
Footnotes
F1: Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs vested upon grant and shall be settled on the later of: (A) the first anniversary of the Award Date and (B) the occurrence of a Change in Control, which for purposes of the Award Agreement, must constitute an event described in Treasury Regulation Section 1.409A-3(a)(5); provided, however, that if the event in (B) has not occurred by the eighteen (18) month anniversary of the Award Date, the vested RSUs shall be settled on the eighteen (18) month anniversary of the Award Date.
F2: Vests as to 5,000 shares on December 31, 2025, 2,500 shares on February 28, 2026 and 2,500 shares on May 31, 2026.
F3: Exercisable in full.
F4: Represents Issuer's 6% convertible notes received pursuant to amendment to Issuer's 8% convertible notes and includes unpaid interest through December 31, 2020.
F5: Includes accrued interest on the Notes through December 31, 2020 and the shares that would be issued upon conversion for the interest accrued through December 31, 2020. Does not include shares to be issued upon conversion for interest accrued after December 31, 2020.