Goepel Ryan 4/A
Research Summary
AI-generated summary
Global Crossing (JETMF) President/CFO Ryan Goepel Net Buys 261K Shares
What Happened
Ryan Goepel, President and Chief Financial Officer of Global Crossing Airlines Group Inc. (JETMF), reported multiple open‑market transactions in an amended Form 4 filed March 30, 2026. Key trades: Feb 3 buy 286,666 shares @ $0.60 ($172,000); Feb 20 sell 113,329 @ $0.48 ($54,398); Mar 16 buy 83,334 @ $0.45 ($37,500) and sell 30,051 @ $0.40 ($12,020); Mar 23 buy 50,000 @ $0.43 ($21,500) and sell 15,549 @ $0.44 ($6,842). Total acquired = 420,000 shares; total sold = 158,929 shares; net = +261,071 shares. Net cash outflow (purchases minus sales) ≈ $157,740. The filing is an amendment to a prior Form 4.
Key Details
- Dates & prices (high level): Feb 3 @ $0.60; Feb 20 @ $0.48; Mar 16 @ $0.45 and $0.40; Mar 23 @ $0.43 and $0.44.
- Aggregate: 420,000 shares purchased for $231,000; 158,929 shares sold for $73,260. Net purchase 261,071 shares; net spent ≈ $157,740.
- Shares owned after transactions: Not specified in the amended filing.
- Footnotes of note: F1 — reporting person owns only issuer common stock (no Class A/B shares). F2/F3 — references to RSU awards (grants in Feb 2025 and Mar 2024) that vest over future service dates (these are contingent rights to shares, not immediately issued stock).
- Filing status: Amended Form 4 filed 2026‑03‑30; amendment updates prior report. The filing does not indicate a 10b5‑1 plan or that the report was late.
Context: These were open‑market buys and sells (not option exercises or gifts). Overall activity shows materially more purchases than sales (net acquisition), which retail investors often view as a stronger signal than isolated small sales — but filings are factual records and do not state the insider’s motivation.