Summary by Futu AI
On December 6, 2024, Ma Yanda, Chief Technology Officer of Airship AI, exercised derivative securities to acquire 60,000 shares of Common Stock at $0.12 per share. This transaction was executed through the conversion of derivative securities, as indicated by the transaction code 'M'.The acquisition increased Ma Yanda's direct ownership of Airship AI Common Stock to 90,000 shares. The total value of the acquired shares amounts to $7,200. This transaction has been reported as completed, suggesting that all regulatory requirements have been met.The low purchase price of $0.12 per share likely indicates that these shares were acquired through an employee stock option plan or similar equity compensation arrangement, which is common for executive-level employees in technology companies.