Nichols Mike 4

What Happened
Mike Nichols, a director of Volato Group, Inc. (SOAR), was granted 7,500 shares on March 27, 2026. The award is reported at $0.26 per share, a total indicated value of $1,950. This transaction is coded as an award/grant (A) — a compensation event rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-03-31.
• Type: Award/Grant (code A). Price reported: $0.26 per share; total value: $1,950.
• Shares acquired: 7,500 (acquired).
• Shares owned after the transaction: not specified in the details you provided.
• Footnotes in the filing: (1) A 1-for-25 reverse stock split on Feb 24, 2025 reduced the reporting person's share count by 99,593 shares. (2) A previous report (5/7/2025) mistakenly stated receipt of 21,000 shares; those 21,000 shares should be excluded from total ownership.

Context
Grants/awards are typically part of compensation or director pay and do not necessarily signal insider buying conviction like open-market purchases. The filing includes corrective notes about the 2025 reverse split and a prior reporting error; no indication in the provided information that the transaction involved a sale, exercise, or tax-withholding event.