Star Equity Fund, LP Increases Stake in Air Industries Group to 1.8%

On May 28, 2026, Star Equity Fund, LP filed a Schedule 13D/A reporting an increased position in Air Industries Group (AIRI). Star Equity Fund, LP now beneficially owns 85,000 shares of common stock, representing approximately 1.8% of the company's outstanding shares. When combined with the personal holdings of Jeffrey E. Eberwein, who serves as the manager of the fund's general partner and investment manager, the aggregate beneficial ownership reaches 345,000 shares, or approximately 7.11% of the class. The shares were acquired through open market purchases using working capital, with an aggregate purchase price for the fund's shares totaling approximately $278,523. Recent transactions included multiple purchases throughout March, April, and May 2026 at weighted average prices ranging from $2.95 to $3.26 per share. The reporting group includes Star Equity Holdings, Inc., Star Operating Companies, Inc., and various affiliated Star Equity entities, all of which disclaim beneficial ownership except to the extent of their pecuniary interest.