AIRI 8-K filed 2026 · insiderdelta

Item 5.02 Departure
of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 18, 2026, Mr.
Scott Glassman was appointed by the Board of Directors of Air Industries Group (the “Company”) to the positions of Acting
Chief Executive Officer and President of the Company. Mr. Glassman will also serve as President of each of the Company’s subsidiaries.
Mr. Glassman was employed by the Company from 2007 to 2015 in various senior positions in the Company’s finance department and rejoined
the Company in March 2019. Mr. Glassman was appointed to the positions of Chief Financial Officer, Principal Accounting Officer and Secretary
of our Company on October 16, 2024, positions which he held until his appointment as Acting Chief Executive Officer and President. Mr.
Glassman is currently paid an annual salary of $231,000.

Concurrent with the appointment
of Mr. Glassman to the positions of Chief Executive Officer and President of the Company, the Board appointed Mr. Brian Drisgula to the
positions of Vice President of Finance and Secretary of the Company. Mr. Drisgula will also serve as Treasurer and Secretary of each of
the Company’s subsidiaries. Mr. Drisgula has been employed by the Company since October 2024, most recently serving as the Director
of Finance. From April 2023 to October 2024, Mr. Drisgula served as a Senior Finance Manager at Circor International, Inc., a large aerospace
and defense contractor listed on the New York Stock Exchange. Prior to joining Circor, from May of 2015 through February of 2023, Mr.
Drisgula was a Plant Controller for Akorn, Inc, a publicly held generic pharmaceutical manufacturer. Mr. Drisgula holds a Bachelor of
Science degree in Accounting from the State University of New York at Binghamton and has been licensed as a CPA by the State of New York
since 2000. Mr. Drisgula is employed at will by the Company and his salary is currently $165,000 per year.

AIRI Air Industries Group - 8-K

Item 5.02 - Departure/Election of Directors or Certain Officers

Item 9.01 - Financial Statements and Exhibits