David Tuerff reports a stock award and tax withholding on shares
By AlphaYouPublished Form 4
Tuerff David Timothy
Reporting filer
David Timothy Tuerff reports a stock award and tax withholding on shares, not an open-market purchase or sale, in Air Water Ventures Ltd. Form 4 filed Nov 3, 2026 lists 2 entries.
- Disclosed
- Nov 3, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Tuerff David Timothy | 2026-11-01 | A | Grant or award | 1051809 | 0 | 1,051,809 | 2 days | Filed terms
|
| Ordinary Shares | Tuerff David Timothy | 2026-11-01 | F | Tax/exercise withholding | 122711 | 1.37 | 929,098 | 2 days | Filed terms
|
Ordinary Shares
- Owner
- Tuerff David Timothy
- Date
- 2026-11-01
- Code
- A
- Action
- Grant or award
- Quantity
- 1051809
- Price
- 0
- Following holdings
- 1,051,809
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Ordinary Shares
- transaction Date: 2026-11-01
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 1051809
- id: F1
- id: F2
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 1051809
- direct Or Indirect Ownership: D
Ordinary Shares
- Owner
- Tuerff David Timothy
- Date
- 2026-11-01
- Code
- F
- Action
- Tax/exercise withholding
- Quantity
- 122711
- Price
- 1.37
- Following holdings
- 929,098
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Ordinary Shares
- transaction Date: 2026-11-01
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: F
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 122711
- id: F3
- transaction Price Per Share: 1.37
- id: F3
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 929098
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Tuerff David Timothy: CFO.
- F1: Represents restricted stock units ("RSUs") granted to the reporting person on November 1, 2026 under the Air Water Ventures Limited 2025 Equity Incentive Plan (the "Plan"). Each RSU represents the right to receive one ordinary share, par value $0.0001 per share, of the Issuer upon vesting.
- F2: The RSUs vest in three equal installments of 350,603 RSUs on each of November 1, 2026, November 1, 2027 and November 1, 2028, subject to the reporting person's continued employment with or service to the Issuer through each applicable vesting date.
- F3: Represents ordinary shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 350,603 RSUs on November 1, 2026. The price reported is the fair market value per share used to determine the number of shares withheld, which is the closing price of the ordinary shares on October 30, 2026, the last trading day before the vesting date.
Original sources
Prepared automatically from public filing data. Report a correction.