Fox Michael S. 4

What Happened
Michael S. Fox, a director of flyExclusive, Inc. (FLYX), was granted 46,296 restricted stock units (RSUs) on May 13, 2026. The RSUs were issued at $0.00 per unit (no cash paid) and, per the filing, vested immediately upon grant. Each RSU represents a contingent right to receive one share of flyExclusive Class A common stock.

Key Details

• Transaction date: 2026-05-13; Filing date (Form 4): 2026-06-02 (appears late relative to the May 13 grant).
• Transaction type/code: Award/Grant (A). Price: $0.00; Shares acquired: 46,296 RSUs (each convertible to one Class A share).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The RSUs were granted May 13, 2026 and vested immediately; each RSU equals a contingent right to one share.
• Timeliness: The Form 4 was filed on June 2, 2026 for a May 13 transaction, which is later than the standard 2-business-day Form 4 reporting window, reducing near-term transparency.

Context
This was an equity award to a director (not an open-market purchase or sale). Awards that vest immediately typically result in the recipient owning the underlying shares outright (subject to any company issuance or settlement mechanics), but such grants are standard compensation and do not by themselves indicate a buy/sell signal. To estimate the economic value of the grant, multiply 46,296 by the company’s Class A share price on or after the grant date.