Taglich Amends Air Industries Group Stake, Updates 13D Filing

TL;DR

**Robert F. Taglich just updated his ownership filing for Air Industries Group.**

AI Summary

Robert F. Taglich filed an Amendment No. 2 to Schedule 13D on February 5, 2024, regarding his ownership in Air Industries Group. This filing updates previous disclosures about his stake in the company's common stock, par value $0.001 per share. This matters to investors because it provides transparency into the holdings of a significant insider, Robert F. Taglich, who is authorized to receive notices and communications for the filing, potentially signaling his ongoing interest or changes in his investment strategy.

Why It Matters

This filing provides updated information on a significant shareholder's position, which can influence investor sentiment and the stock's perceived stability.

Risk Assessment

Risk Level: low — This is a routine amendment to a Schedule 13D, indicating an update to a significant shareholder's position rather than a new, high-impact event.

Analyst Insight

Investors should note that a significant insider, Robert F. Taglich, is updating his ownership disclosures, which could be a precursor to further actions or simply a routine update. Monitoring subsequent filings for changes in his reported holdings would be prudent.

Key Numbers

• $0.001 — Par value per share (The nominal value of Air Industries Group common stock.)

Key Players & Entities

• Robert F. Taglich (person) — reporting person and authorized to receive notices
• Air Industries Group (company) — the issuer of the securities
• $0.001 (dollar_amount) — par value per share of common stock
• 04 Manufacturing (company) — organization name associated with Air Industries Group

Forward-Looking Statements

• Robert F. Taglich will continue to be a significant shareholder in Air Industries Group. (Robert F. Taglich) — high confidence, target: 2025-02-05

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• ea192817-13da2taglich_airind.htm (SC 13D/A) — 41KB
• 0001213900-24-010077.txt ( ) — 42KB

SECURITY AND ISSUER

ITEM 1. SECURITY AND ISSUER. This Amendment No. 2 to the $0.001 par value per share, of Air Industries Group (“Issuer”). This Amendment is being filed by the Reporting Person to report changes in ownership resulting from the receipt during the period commencing August 3, 2022, and ending as of the date hereof, of shares of the Issuer in lieu of director fees and decreases in the number of shares which may be acquired by the Reporting Person as a result of the expiration of options previously held by the Reporting Person. Except as modified by the information provided in this Item 1, the information set forth in Item 1 of the Statement is incorporated herein by reference in response to the disclosure requirements of Item 1 of Schedule 13D.

IDENTITY AND BACKGROUND

ITEM 2. IDENTITY AND BACKGROUND. The information set forth in Item 2 of the Statement is incorporated by reference herein in response to the disclosure requirements of Item 2 of Schedule 13D.

SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The information set forth in Item 3 of the Statement is incorporated by reference herein in response to the disclosure requirements of Item 3 of Schedule 13D. 3

PURPOSE OF TRANSACTION

ITEM 4. PURPOSE OF TRANSACTION. The information set forth in Item 4 of the Statement is incorporated by reference herein in response to the disclosure requirements of Item 4 of Schedule 13D.

INTEREST IN SECURITIES OF THE ISSUER

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) See rows (11) and (13) of the cover page to this Statement for the aggregate number of shares of common stock and percentage of common stock of the Issuer owned by the Reporting Person. (b) See rows (7) through (10) of the cover page to this Statement for the number of Common Stock as to which the Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. (c) During the past sixty days, except for shares received in lieu of director’s fees, the Reporting Person has not effected any transactions in the Issuer’s Common Stock. (d) To the best knowledge of the Reporting Person, except as to the securities owned by Taglich Brothers, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities beneficially owned by the Reporting Person. (e) Not applicable.

CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Not applicable.

MATERIAL TO BE FILED AS EXHIBITS

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Not applicable. 4 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date February 5, 2024 Signature /s/ Robert F. Taglich Name/Title: Robert F. Taglich 5

View Full Filing

View this SC 13D/A filing on SEC EDGAR