FlyExclusive (FLYX) CFO Bradley G. Garner Receives 800,000-Share Option Grant

What Happened Bradley G. Garner, Chief Financial Officer of FlyExclusive, was granted a derivative award of 800,000 shares (stock options) on September 25, 2026. The Form 4 reports the acquisition price as $0.00 for the derivative grant; this filing records a grant/award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-09-25 — Award/Grant of stock options (A).
• Reported price: $0.00 (derivative award as reported on the Form 4).
• Vesting (footnote F1): The option vests over three years in three equal annual installments on each anniversary of the grant (Sept 25, 2027; Sept 25, 2028; Sept 25, 2029).
• Related footnotes: F2 and F3 note prior option grants on 2025-09-26 and 2024-09-26 with similar three-year, equal annual vesting schedules.
• Shares owned after transaction: Not disclosed in the provided filing.
• Timeliness: Filed 2026-09-29 for a 2026-09-25 grant; filing appears timely (within required business-day window).

Context This filing documents an option grant (a derivative award), meaning Garner received the right to acquire shares subject to vesting terms rather than an immediate share purchase. The grant does not indicate any immediate sale or exercise of shares. Option awards are commonly used for executive compensation; they become economically relevant only as they vest and if/when exercised.