AirJoule Technologies Corp. (NASDAQ: AIRJ) reported a non-discretionary sale by Chief Administrative Officer Jeff Gutke on March 3, 2026. Gutke sold 3,462 shares of Class A common stock at prices that ranged from $3.08 to $3.28, for aggregate proceeds of $10,975, according to a Form 4 filed with the Securities and Exchange Commission.
The filing specifies the sale was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units and was not a discretionary transaction. Earlier, on February 27, 2026, Gutke received 14,063 shares of Class A common stock upon the exercise of restricted stock units at a price of $0.
Following the March 3 sale, Gutke directly holds 110,439 shares of AirJoule Class A common stock. He also has indirect ownership of 75,579 shares through Doxey Capital LLC, as reported in public filings.
Market context included in the disclosure notes that AirJoule shares are trading at $3.26, close to a 52-week low of $2.61, and have declined 58% over the prior year. An InvestingPro analysis cited in public reporting characterizes the stock as appearing overvalued relative to its Fair Value and references nine additional ProTips and full financial metrics available through the InvestingPro platform.
Separately, AirJoule announced the pricing of an underwritten public offering of 6,153,847 shares of its Class A common stock at $3.25 per share. At that price, the sale could generate approximately $20 million in gross proceeds for the company.
Key company figures are participating in the offering at the public offering price, including Executive Chairman Patrick C. Eilers, Chief Executive Officer Matthew B. Jore, and board member Stuart D. Porter. The company said it commenced the underwritten public offering under a previously filed shelf registration statement with the SEC, and that the offering is subject to market conditions. The company cautioned there are no assurances regarding the timing, size, or terms of the offering.
In operational developments, AirJoule disclosed a collaboration with the Red Dot Ranch Foundation to deploy off-grid water solutions in rural California. The partnership will test AirJoule's atmospheric water generation technology at a climate-positive housing development in Pescadero, California, beginning in early 2026. The company indicated the pilot could be expanded if the initial deployment proves successful.
The filings and announcements together outline a period of active equity transactions by insiders tied to RSU vesting, company capital markets activity aimed at raising additional funds, and a field pilot intended to evaluate the practical application of AirJoule's water-generation technology.