Insider Trading March 16, 2026

Insider Purchase: Ten-Percent Owner Jorey Chernett Buys $257,210 of AirSculpt Technologies Stock

Chernett acquired 105,848 shares as AirSculpt delays its annual report filing and flags inter-company classification work

By Caleb Monroe AIRS
Insider Purchase: Ten-Percent Owner Jorey Chernett Buys $257,210 of AirSculpt Technologies Stock
AIRS

Jorey Chernett, who holds a ten-percent stake in AirSculpt Technologies, bought 105,848 shares of the company's common stock on March 16, 2026, for $257,210 at an average price of $2.43 per share. The transaction occurred amid recent stock volatility and follows a company announcement that it will seek a brief extension to file its annual report while it completes internal classification of inter-company transactions and balances.

Key Points

  • Jorey Chernett, a ten-percent owner, purchased 105,848 AirSculpt shares on March 16, 2026, paying a weighted average of $2.43 per share for a total of $257,210.
  • Following the purchase Chernett directly holds 6,592,059 shares; the stock has surged 36% in the past week but remains down 51% over six months.
  • AirSculpt reported $151.8 million in revenue for fiscal year 2025 and will file Form 12b-25 to request a 15-day extension to complete classification of inter-company transactions and submit its Form 10-K within that period.

Transaction details

On March 16, 2026, Jorey Chernett, identified as a ten-percent owner of AirSculpt Technologies, Inc. (NASDAQ:AIRS), purchased 105,848 shares of the company’s common stock. The shares were bought at a weighted average price of $2.43, producing a total transaction value of $257,210. The per-share prices in the trade ranged between $1.93 and $2.79.

After completing the acquisition, Chernett’s direct holdings in AirSculpt Technologies stand at 6,592,059 shares.


Market context and valuation note

The timing of Chernett’s buy comes as the stock has experienced short-term strength, rallying 36% over the past week, while still trading 51% below its level six months earlier. Separately, InvestingPro analysis referenced in company reporting indicates that the stock currently appears overvalued relative to its Fair Value. The company’s market capitalization was reported at $115.51 million.


Company reporting and filing update

AirSculpt Technologies reported revenue of $151.8 million for fiscal year 2025. The company also disclosed that it will delay filing its annual report and plans to submit Form 12b-25 to the Securities and Exchange Commission to request a 15-day extension. AirSculpt said the extension will allow the company to complete the classification of inter-company transactions and balances and that it intends to file Form 10-K within that extension period.

Management characterized the step as part of efforts to ensure accurate financial reporting. The company’s note on timing indicates investors should watch for updates tied to the filing, which may provide additional detail on the company’s financial position.


What to watch

  • The completion and filing of the Form 10-K within the 15-day extension period.
  • Any further insider transactions or changes to Chernett’s ownership stake.
  • Market reaction as investors digest both the insider purchase and the company’s revised filing schedule.

Risks

  • The delayed annual report filing creates short-term uncertainty until the Form 10-K is submitted - this affects financial reporting transparency in the company and may influence investor confidence.
  • Valuation concerns: InvestingPro analysis indicates the stock appears overvalued relative to Fair Value, which could increase downside risk for investors in the equity market.
  • Price volatility: The stock’s recent 36% one-week rally contrasted with a 51% six-month decline highlights elevated price volatility that may impact market participants and equity trading strategies.

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