4Filed Sep 8, 8:00 PM ET
Global Crossing Airlines Director Harrington Cordia Receives 215,000 Shares
$JETMF · Global Crossing Airlines Group Inc.Research Summary
AI-generated summary of this SEC filing
Global Crossing Airlines Director Harrington Cordia Receives 215,000 Shares
What Happened
Harrington Cordia, a director of Global Crossing Airlines Group Inc. (JETMF), acquired 215,000 shares on August 3, 2026. The filing lists the transaction as a conversion/exercise of a derivative (code M); footnotes state the shares were received upon RSU vesting. No per-share price or total dollar value is reported, indicating this was a compensatory award conversion rather than an open-market purchase.
Key Details
- Transaction date: 2026-08-03; Form 4 filed: 2026-09-09 (filed 37 days after the transaction).
- Transaction type/code: M (exercise/conversion of derivative); footnote F2 clarifies conversion of vested RSUs.
- Shares acquired: 215,000; Price: N/A; Total value: N/A (not reported).
- Shares owned after transaction: not disclosed in the provided filing data.
- Footnote F1: Reporting person holds only common stock (no Class A or B shares).
- Filing timeliness: Late filing relative to the typical two-business-day Form 4 deadline; late filings should be noted but do not by themselves indicate intent.
Context
This was a compensation-related vesting (RSUs converting to common shares), a routine corporate action for insiders and not an open-market buy or sale. Such vesting events increase insider share count but do not necessarily signal a buy/sell sentiment.