Guina Michael 4

What Happened

• Michael Guina, Chief Commercial Officer of FlyExclusive (FLYX), acquired 38,580 shares on 2026-05-13 at an acquisition price of $2.16 per share, for a total value of $83,333. The Form 4 lists the transaction as an award/grant/other acquisition (code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-13, 38,580 shares at $2.16 each (total $83,333).
• Shares owned after transaction: Not specified in the excerpt provided.
• Footnotes: Filing references two prior stock option grants—
  • F1: Option granted 2025-09-26, vests over 3 years in three equal annual installments.
  • F2: Option granted 2024-09-26, vests over 3 years in three equal annual installments.
• Filing timeliness: Report filed 2026-05-15 (two business days after the transaction), which is within the Form 4 reporting window.

Context

• This was an award/acquisition tied to previously granted stock options (per footnotes) rather than an open-market buy or sale. The filing does not indicate any immediate sale of the shares (e.g., a cashless exercise); it reports acquisition of shares under the company’s equity awards. Awards and option vesting are common executive compensation events and do not by themselves signal a purchase decision in the market.