Victor Huang - 15 Dec 2025 Form 4 Insider Report for Airship AI Holdings, Inc. (AISP)

Reporting relationship: CEO and Chairman of the BOD, Director, 10%+ Owner
Issuer ticker: AISP
Reported as of: 15 Dec 2025
Net transaction value: +$18,461
SEC form: 4
Accepted by SEC: 16 Dec 2025, 09:00:22 UTC
Prior SEC filing: 24 Nov 2025
Next SEC filing: 23 Mar 2026
Source filing: View source filing
Reporting owner signature: By: /s/ Victor Huang

Key filing fact

Victor Huang filed Form 4 for Airship AI Holdings, Inc. (AISP) on 16 Dec 2025.

Key facts

This page summarizes Victor Huang's Form 4 filing for Airship AI Holdings, Inc. (AISP).
2 reported transactions and 9 derivative rows are listed below.
Accepted by SEC: 16 Dec 2025, 09:00.

Change

Previous filing in this sequence was filed on 24 Nov 2025.
Current net transaction value: +$18,461.

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 0002004301 Primary reporting owner

Huang Victor

Relationship: CEO and Chairman of the BOD, Director, 10%+ Owner
Address: C/O AIRSHIP AI HOLDINGS, INC., 8210 154TH AVE NE, REDMOND
Signature: By: /s/ Victor Huang
Signature date: 16 Dec 2025

This filing has been restated. Open the amended filing.

Reported non-derivative transactions

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

AISP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 204,849
Date: 15 Dec 2025
Ownership: Direct

AISP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,767,718
Date: 15 Dec 2025
Ownership: See footnote
Footnotes: F1, F2

Reported derivative securities

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

AISP transaction Derivative

Public Warrant (AISPW shares)

Purchase

Transaction value: $12,918
Shares: +14,000
Change %: +16%
Price: $0.9227
Shares after: 99,125
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,000
Exercise price: $4.50
Footnotes: F8

AISP transaction Derivative

Public Warrant (AISPW shares)

Purchase

Transaction value: $5,543
Shares: +6,000
Change %: +100%
Price: $0.9238
Shares after: 12,000
Date: 15 Dec 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $4.50
Footnotes: F2, F8

AISP holding Derivative

Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,749,335
Date: 15 Dec 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,749,335
Exercise price: $0.1200
Footnotes: F2, F3

AISP holding Derivative

Stock Appreciation Rights

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,758,105
Date: 15 Dec 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,758,105
Exercise price: $0.1200
Footnotes: F2, F4

AISP holding Derivative

Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,344,951
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,344,951
Exercise price: $1.77
Footnotes: F5

AISP holding Derivative

Earnout Rights

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,750,094
Date: 15 Dec 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,750,094
Exercise price
Footnotes: F2, F6

AISP holding Derivative

Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 100,000
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,000
Exercise price: $2.86
Footnotes: F7

AISP holding Derivative

Warrant

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 220,000
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 220,000
Exercise price: $2.36

AISP holding Derivative

Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 50,000
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 50,000
Exercise price: $4.25
Footnotes: F7

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Represents 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.

Footnote F2

Airship Kirkland Family Limited Partnership is the record holder of the securities reported herein. Victor Huang is the managing partner of Airship Kirkland Family Limited Partnership and as such has voting and dispositive power over these securities. Mr. Huang disclaims beneficial ownership of the securities held by Airship Kirkland Family Limited Partnership, except to the extent of his pecuniary interest therein.

Footnote F3

Represents options to purchase shares of common stock of the Issuer received on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of options 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.

Footnote F4

Represents stock appreciation rights denominated in shares of common stock of the Issuer received on December 21, 2023, pursuant to the Merger Agreement, upon the conversion of stock appreciation rights denominated in 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.

Footnote F5

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.

Footnote F6

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.

Footnote F7

Options vest quarterly over 4 years.

Footnote F8

Public Warrant (AISPW shares) Exercise Price subject to adjustment and expire five years after the closing of the merger on December 21, 2023, or earlier upon redemption or liquidation.