Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 1229

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 2
Chunk 1229
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ly aware of the importance of establishing clear guidelines to prevent insider
trading and to uphold the Company’s reputation for integrity and ethical conduct.

We anticipate that the Insider Trading Policy will be adopted in the near
future. Upon adoption, the policy will apply to all transactions in the Company’s securities, including but not limited to common
stock, options to purchase common stock, and any other securities the Company may issue. It will cover all directors, officers, employees
of the Company, and any family members or entities whose transactions in Company securities are directed by or under the influence or
control of those persons. The Company is committed to rigorously enforcing this policy to prevent insider trading and protect all stakeholders’
interests.

Policies and practices for granting certain equity awards.

The Company’s policies and
practices regarding the granting of equity awards are carefully designed to ensure compliance with applicable securities laws and to maintain
the integrity of our executive compensation program. The compensation committee of the Board of Directors is responsible for the timing
and terms of equity awards to executives and other eligible employees.

The timing of equity award grants
is determined with consideration to a variety of factors, including but not limited to, the achievement of pre-established performance
targets, market conditions, and internal milestones. The Company does not follow a predetermined schedule for the granting of equity awards;
instead, each grant is considered on a case-by-case basis to align with the Company’s strategic objectives and to ensure the competitiveness
of our compensation packages.

In determining the timing and
terms of an equity award, the Board of Directors or compensation committee may consider material nonpublic information to ensure that
such grants are made in compliance with applicable laws and regulations. The Board of Directors or compensation committee’s procedures
to prevent the improper use of material nonpublic information in connection with the granting of equity awards include oversight by legal
counsel and, where appropriate, delaying the grant of equity awards until the public disclosure of such material nonpublic information.

The Company is committed to maintaining
transparency in its executive compensation practices and to making equity awards in a manner that is not influenced by the timing of the
disclosure of material nonpublic information for the purpose of affecting the value of executive compensation. The Company regularly reviews
its policies and practices related to equity awards to ensure they meet the evolving standards of corporate governance and continue to
serve the best interests of the Company and its stockholders.

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ITEM 11. EXECUTIVE COMPENSATION

Processes and Procedures for Compensation Decisions

Our