Shahani Sudhin 4

What Happened
Sudhin Shahani, a director of Surf Air Mobility, received an award of 36,765 shares on April 21, 2026. The reported acquisition price is $1.36 per share, for a total reported value of $50,000. This transaction is coded as an award/grant (A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-21
• Transaction type/code: Award/Grant (A) — 36,765 shares acquired at $1.36/share (total $50,000)
• Shares owned after transaction: Not specified in the provided filing excerpt (check the full Form 4 for post-transaction holdings)
• Footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes reported in the summary provided
• Timeliness: Filing shows the same period and file date (2026-04-21); no late filing indicated in the provided data

Context

• An "A" code indicates the shares were granted or awarded (commonly as compensation or board awards). Such grants are routine for insiders and do not necessarily signal a buy or sell decision.
• For retail investors, awards show management or board compensation but are less clear as a bullish signal than open-market purchases, since they can be part of standard pay packages.