Nichols Zachary M. 4

What Happened
Zachary M. Nichols, Chief Accounting Officer of FlyExclusive, received an award/acquisition of 23,148 shares on 2026-05-13. The award was reported at an acquisition price of $2.16 per share, for a total value of approximately $50,000 (reported as $50,000; exact product = $49,999.68). This was an equity grant (transaction code A), i.e., an issuance/award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-13; filing date: 2026-05-15 (appears timely under Form 4 rules).
• Shares granted: 23,148 at $2.16 per share; total reported value ≈ $50,000.
• Shares owned after transaction: not specified in the information provided in this summary.
• Footnotes/notable items: filing shows an award (code A); no 10b5-1 plan, tax-withholding, or cashless sale noted in the provided details.
• Filing timeliness: reported two days after the transaction — no late filing flag indicated in the provided data.

Context
An "A" code award typically reflects a compensation grant (e.g., restricted stock or similar) rather than a market purchase; such awards are common for executives and don't by themselves signal a buy/sell decision. Retail investors should view this as a company compensation action rather than direct insider market buying.