Pelsinger Shawn Kirby 4
Research Summary
AI-generated summary
Surf Air Mobility (SRFM) Director Shawn Pelsinger Receives 20,000 RSUs
What Happened
- Shawn Kirby Pelsinger, a director of Surf Air Mobility, was granted 20,000 restricted stock units (RSUs) on 2026-05-22. The filing reports an acquisition (award) of 20,000 shares at $0.00 (i.e., an award rather than a cash purchase). The RSUs convert to one share each upon vesting; the filing lists the acquisition value as $0.
Key Details
- Transaction date: 2026-05-22 (reported on same date).
- Transaction type/code: Award/Grant (Code A).
- Shares/units granted: 20,000 RSUs; reported price: $0.00.
- Vesting: RSUs will vest in full on October 8, 2026, subject to Pelsinger’s continued service (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing shows the period of report and filing date as 2026-05-22 (no late filing indicated).
Context
- These RSUs are compensation awards (not an open‑market purchase or sale) and represent a contingent right to receive one share per RSU upon vesting. Such awards are commonly used for retention/compensation and do not directly indicate immediate buying or selling sentiment.
- The reported acquisition value is $0 because this is an equity award; the economic value to the insider will depend on Surf Air Mobility’s share price when/if the RSUs vest and convert to shares.