Derek Xu - 18 Dec 2025 Form 4/A - Amendment Insider Report for Airship AI Holdings, Inc. (AISP)

Role
Chief Operating Officer, Director, 10%+ Owner
Signature
By: /s/ Derek Xu
Issuer symbol
AISP
Transactions as of
18 Dec 2025
Net transactions value
$0
Form type
4/A - Amendment
Filing time
15 Jan 2026, 16:15:09 UTC
Date Of Original Report
18 Dec 2025
Previous filing
06 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Xu Derek Chief Operating Officer, Director, 10%+ Owner C/O AIRSHIP AI HOLDINGS, INC., 8210 154TH AVE NE, REDMOND By: /s/ Derek Xu 15 Jan 2026 0002004130

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AISP Common Stock Gift $0 -2,063,322 -28% $0.000000 5,222,920 18 Dec 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AISP Warrants 1,344,951 18 Dec 2025 Common Stock 1,344,951 $1.77 Direct F2
holding AISP Earnout Rights 1,630,642 18 Dec 2025 Common Stock 1,630,642 Direct F3
holding AISP Options 100,000 18 Dec 2025 Common Stock 100,000 $2.86 Direct F4
holding AISP Options 50,000 18 Dec 2025 Common Stock 50,000 $4.25 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of common stock of the Issuer received on December 21, 2023, as consideration pursuant to that certain Merger Agreement, dated as of June 27, 2023 (as amended on September 22, 2023 and as may be further amended and/or restated from time to time, the "Merger Agreement"), by and among Airship AI Holdings, Inc., a Delaware corporation (the "Issuer") (formerly known as BYTE Acquisition Corp., a Cayman Island exempted company limited by shares, prior to its domestication as a Delaware corporation), BYTE Merger Sub, Inc., a Washington corporation and a direct, wholly-owned subsidiary of the Issuer, and Airship AI, Inc., a Washington company (formerly known as Airship AI Holdings, Inc., "Airship AI"). The Reporting Person received the reported shares in exchange for shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger.
F2 Represents warrants to purchase shares of common stock of the Issuer received by the Reporting Person on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of warrants to purchase shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger.
F3 Pursuant to earnout provisions in the Merger Agreement, the holder of such Earnout Rights is entitled to receive shares of common stock of the Issuer upon the occurrence of certain operating performance and share price performance milestones during the applicable earnout periods set forth in the Merger Agreement.
F4 Options vest quarterly over 4 years.

Remarks:

The Reporting Person files this Amendment No. 1 to its original Form 4 dated 12/18/2025 to report and consolidate all Direct and Indirect holdings as Direct holdings.