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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Dec 2025, 16:22:02 UTC
Prior SEC filing
06 Oct 2025
Next SEC filing
23 Apr 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Derek Xu

Key filing fact

Derek Xu filed Form 4 for Airship AI Holdings, Inc. (AISP) on 18 Dec 2025.

Key facts

  • This page summarizes Derek Xu's Form 4 filing for Airship AI Holdings, Inc. (AISP).
  • 3 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 18 Dec 2025, 16:22.

Change

  • Previous filing in this sequence was filed on 06 Oct 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 0002004130 Primary reporting owner

Xu Derek

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

Common Stock

Gift

Transaction value
$0
Shares
-2,063,322
Change %
-29%
Price
$0.000000
Shares after
5,148,171
Date
18 Dec 2025
Ownership
See footnote
Footnotes
F1, F2
AISP transaction

Common Stock

Gift

Transaction value
$0
Shares
+1,031,661
Change %
Price
$0.000000
Shares after
1,031,661
Date
18 Dec 2025
Ownership
AX Redmond Capital Trust
AISP transaction

Common Stock

Gift

Transaction value
$0
Shares
+1,031,661
Change %
Price
$0.000000
Shares after
1,031,661
Date
18 Dec 2025
Ownership
VX Redmond Capital Trust
AISP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
74,719
Date
18 Dec 2025
Ownership
Direct

Reported derivative securities

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

AISP holding Derivative

Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,344,951
Date
18 Dec 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,344,951
Exercise price
$1.77
Footnotes
F3
AISP holding Derivative

Earnout Rights

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,406,484
Date
18 Dec 2025
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
1,406,484
Exercise price
Footnotes
F2, F4
AISP holding Derivative

Earnout Rights

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
224,158
Date
18 Dec 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
224,158
Exercise price
Footnotes
F4
AISP holding Derivative

Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
100,000
Date
18 Dec 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
100,000
Exercise price
$2.86
Footnotes
F5
AISP holding Derivative

Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,000
Date
18 Dec 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$4.25
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 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 Redmond Family Limited Partnership is the record holder of the securities reported herein. Derek Xu is the managing partner of Airship Redmond Family Limited Partnership and as such has voting and dispositive power over these securities. Mr. Xu disclaims beneficial ownership of the securities held by Airship Redmond Family Limited Partnership, except to the extent of his pecuniary interest therein.

Footnote F3

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 F4

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 F5

Options vest quarterly over 4 years.

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