Prachar Michael Patrick 4

What Happened

• Michael Prachar, Chief Operating Officer of Volato Group, Inc. (SOAR), received an award of 10,000 shares on 2026-03-27. The reported acquisition price was $0.26 per share, for a total reported value of $2,600. This transaction is coded as an award/grant (A), i.e., a compensation-related issuance rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-27; Filing date: 2026-03-31.
• Price: $0.26 per share; Total value: $2,600.
• Shares owned after the transaction: not specified in the Form 4.
• Filing note: the Form 4 does not indicate a late-filing flag.
• Filing footnote: On February 24, 2025, Volato reported a 1-for-25 stock split, which the filing says resulted in the reporting person owning 1,459 fewer shares of common stock.

Context

• This was a stock award (compensation grant), not an open-market buy or sale. Awards may be subject to vesting or transfer restrictions (the Form 4 does not detail vesting or restrictions here).
• Compensation grants are common for executives and do not by themselves indicate the insider is buying or selling shares for investment reasons.