Airgain Inc. reported that its President and Chief Executive Officer, Jacob Suen, sold a combined 38,314 shares of the companys common stock in two separate transactions executed on March 20 and March 23, 2026. The total proceeds from those sales amount to approximately $158,703, according to a Form 4 filing with the Securities and Exchange Commission.
The detailed breakdown in the filing shows that on March 20 Suen sold 37,314 shares at $4.1192 per share. On March 23 he sold an additional 1,000 shares at $5.00 per share. As of the filing, the stock was trading at $5.38, a price that reflects a 29% increase over the prior week.
Following these dispositions, Suen directly holds 283,431 shares of Airgain, Inc., a total that incorporates outstanding Restricted Stock Units (RSUs). The company noted that the March 20 sale was executed to satisfy tax withholding obligations arising from the vesting and settlement of RSUs and was not a discretionary trade by Suen. The smaller March 23 sale was conducted pursuant to a Rule 10b5-1 trading plan that Suen put in place on March 12, 2025.
In parallel with the insider transactions, Airgain recently released its fourth-quarter 2025 results, which missed analyst expectations. The company recorded a non-GAAP loss per share of $0.03, compared with the consensus forecast of $0.01. Revenue for the quarter reached $12.1 million, short of the projected $13.9 million.
Operationally, Airgain announced a $4 million purchase order from an Internet of Things solutions provider. The company said shipments for that order are expected to be completed within 12 months. The order is described as continuing a multi-year relationship and is intended to support applications across connected commerce, payments, smart retail, digital signage, and industrial automation.
Airgain also disclosed a Strategic Partnership Agreement with Nextivity Inc. to collaborate on integrated solutions aimed at enhancing 4G and 5G coverage in a range of environments. Separately, Coco Robotics selected Airgains NimbeLink cellular modems for its next generation of autonomous delivery robots, a program Airgain characterized as representing a multi-million-dollar opportunity over the life of the rollout.
Analyst coverage referenced in the filing indicates that, despite the stocks recent upward momentum, analysts do not expect Airgain to be profitable this year. The filing notes that InvestingPro offers additional tips on the company but does not alter the companies reported financial results, insider transactions, or customer and partner announcements.
Clear summary
Airgains CEO sold 38,314 shares in two transactions totaling around $158,703, with one sale to cover RSU tax withholding and the other executed under a Rule 10b5-1 plan. The companys Q4 2025 results missed expectations, while it secured a $4 million IoT-related purchase order, entered a strategic partnership with Nextivity Inc., and won a program with Coco Robotics involving NimbeLink cellular modems.