---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-019820"
form_type: "8-K/A"
ticker: "AIRG"
cik: "0001272842"
company_name: "AIRGAIN INC"
filed_at: "2022-10-21T23:59:59+00:00"
generated_at: "2026-06-23T01:52:46.495466+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Airgain appoints Michael Elbaz as CFO, increases inducement plan shares to 700K

## Summary
- Michael Elbaz appointed CFO and Secretary, replacing Jacob Suen as principal financial and accounting officer.
- Inducement plan shares increased from 300,000 to 700,000 for equity awards.
- Elbaz receives base salary of $315,000, target bonus 60%, and sign-on bonus up to $220,000 in stock.
- Equity grant: 86,978 stock options, 46,974 RSUs, and 17,448 target PSUs; all vest over 4 years.
- Severance includes 12 months base salary plus prorated target bonus on termination without cause.

## SEC filing metadata
- accession: 0000950170-22-019820
- form_type: 8-K/A
- ticker: AIRG
- cik: 0001272842
- company_name: AIRGAIN INC
- filed_at: 2022-10-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1272842/000095017022019820/0000950170-22-019820-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1272842/000095017022019820/airg-20221017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-019820
- JSON: https://secwatch.observer/filing/0000950170-22-019820.json
- Plain text: https://secwatch.observer/filing/0000950170-22-019820.txt

## Key facts
- Executive change
  Jacob Suen changed role as Principal Financial and Accounting Officer at AIRGAIN INC.
  - Role: Principal Financial and Accounting Officer
  source text: Upon his appointment, Mr. Elbaz will replace Jacob Suen, the Company’s President and CEO, as principal financial and accounting officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1272842/000095017022019820/0000950170-22-019820-index.htm
- Executive change
  Michael Elbaz was appointed as Chief Financial Officer and Secretary at AIRGAIN INC.
  - Action: appointed
  - Role: Chief Financial Officer and Secretary
  source text: Appointment of Chief Financial Officer Effective October 17, 2022, the board of directors of the Company appointed Michael Elbaz as the Company’s Chief Financial Officer and Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1272842/000095017022019820/0000950170-22-019820-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.