HOLDING FRANK B JR 4

What Happened

• Frank B. Holding Jr., a director of flyExclusive, Inc. (FLYX), was granted 46,296 restricted stock units (RSUs) on May 13, 2026. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per unit (no cash paid). The RSUs vested immediately upon grant, giving him a contingent right to the same number of Class A shares.

Key Details

• Transaction date: May 13, 2026 (reported on Form 4 filed May 15, 2026)
• Transaction type/code: Award/Grant (A) — 46,296 RSUs acquired at $0.00
• Reported value per unit and total cash: $0.00; total reported cash paid $0
• Vesting/footnote: RSUs were granted May 13, 2026; each RSU equals one contingent share and they vested immediately
• Shares owned after transaction: Not specified in the filing
• Timeliness: Form 4 was filed two days after the transaction (May 15, 2026), consistent with standard Section 16 reporting timing

Context

• These RSUs are a form of equity compensation for a director. Because they vested immediately, the award effectively conveys the right to common shares without an out‑of‑pocket purchase by the insider. Awards and grants to directors are common and do not on their own indicate a buy/sell decision by the insider.