Bhisham Khare - 22 Sep 2025 Form 4 Insider Report for Aeries Technology, Inc. (AERT)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: AERT
Reported as of: 22 Sep 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Sep 2025, 22:00:01 UTC
Prior SEC filing: 04 Sep 2025
Next SEC filing: 30 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Daniel S. Webb, as attorney-in-fact for Bhisham Khare

Key filing fact

Bhisham Khare filed Form 4 for Aeries Technology, Inc. (AERT) on 24 Sep 2025.

Key facts

This page summarizes Bhisham Khare's Form 4 filing for Aeries Technology, Inc. (AERT).
3 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 24 Sep 2025, 22:00.

Change

Previous filing in this sequence was filed on 04 Sep 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001999214 Primary reporting owner

Khare Bhisham

Relationship: Chief Executive Officer, Director
Address: C/O AERIES TECHNOLOGY, INC. 60 PAYA, LEBAR ROAD, #08-13 PAYA LEBAR SQUARE, SINGAPORE, SINGAPORE
Signature: /s/ Daniel S. Webb, as attorney-in-fact for Bhisham Khare
Signature date: 24 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AERT transaction

Class A Ordinary Shares

Options Exercise

Transaction value: $0
Shares: +851,184
Change %: +51%
Price: $0.000000
Shares after: 2,507,440
Date: 22 Sep 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AERT transaction Derivative

Aeries Shares Put Exchange Right

Options Exercise

Transaction value: $0
Shares: -59,110
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 22 Sep 2025
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 851,184
Exercise price
Footnotes: F1, F2

AERT transaction Derivative

Aeries Shares Call Exchange Right

Other

Transaction value: $0
Shares: -59,110
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 22 Sep 2025
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 851,184
Exercise price
Footnotes: F2

AERT holding Derivative

Aeries Shares Put Exchange Right

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 59,110
Date: 22 Sep 2025
Ownership: See footnote
Underlying class: See footnote
Underlying amount
Exercise price
Footnotes: F2, F3

AERT holding Derivative

Aeries Shares Call Exchange Right

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 59,110
Date: 22 Sep 2025
Ownership: See footnote
Underlying class: See footnote
Underlying amount
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On September 22, 2025, pursuant to the terms of certain Exchange Agreement, dated as of November 6, 2023 (as amended, the "Exchange Agreement"), by and among Aeries Technology, Inc. (the "Issuer"), Aeries Technology Group Business Accelerators Private Limited ("Aeries"), the Reporting Person, and the other parties thereto, the Reporting Person exercised his right to exchange 59,110 ordinary shares of Aeries, par value INR 10 per share (the "Aeries Shares"), for Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares") of the Issuer, at an exchange rate of 14.40 Class A Ordinary Shares for each Aeries Share (the "Exchange").

Footnote F2

The Exchange Agreement provides that the Reporting Person may exercise his right to have the Issuer exchange his Aeries Shares for Class A Ordinary Shares upon the satisfaction of certain conditions included in the Exchange Agreement. The Issuer determined that the exercise conditions were satisfied as of March 26, 2024 and, pursuant to the terms of the Exchange Agreement, after April 1, 2024, the Reporting Person had the right to exchange 100% of his Aeries Shares. As previously reported, pursuant to the Exchange Agreement, the Issuer had an Aeries Share Call Exchange Right to effect the Exchange. Upon the Reporting Person's exercise of the Aeries Shares Put Exchange Right, the Issuer's Aeries Shares Call Exchange Right with respect to such Aeries Shares was terminated.

Footnote F3

Represents Class A Ordinary Shares issuable pursuant to the exercise of exchange rights with respect to Aeries Shares held by the Aeries Employee Stock Option Trust ("ESOP Trust") for which the reporting is person is a beneficiary and assumes distribution of such Aeries Shares by the ESOP Trust to the reporting person prior to an exchange for Class A Ordinary Shares.