[Form 4] Blade Air Mobility, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Scott M. Wunsch, an officer and director of Blade Air Mobility, Inc. (BLDE), reported a grant of 22,365 Restricted Stock Units (RSUs) on 08/14/2025. The RSUs are to be settled in shares of the company’s Class A common stock at $0 per share and will vest in full on December 8, 2025, subject to Wunsch's continued service. Following the reported grant, Wunsch beneficially owns 304,021 shares directly and an additional 382,987 shares indirectly through an LLC of which he is the sole member. The filing was signed by an attorney-in-fact on behalf of Wunsch on 08/18/2025.

Positive

• 22,365 RSUs granted that will convert to common stock upon vesting, reflecting compensation alignment
• Direct beneficial ownership increased to 304,021 shares, showing meaningful insider stake
• Indirect holdings of 382,987 shares held via an LLC are disclosed, improving transparency

Negative

• None.

Insights

Financial Analyst

TL;DR: Officer received 22,365 RSUs that vest Dec 8, 2025, increasing direct beneficial ownership to 304,021 shares.

The reported transaction is a compensation-related equity award rather than an open-market trade, representing deferred remuneration tied to continued service. The award amount (22,365 RSUs) will convert to shares at vesting with no purchase price. From an analyst perspective this is a routine insider grant that increases the reporting person’s alignment with shareholders through equity ownership. The disclosure clearly states the settlement mechanics and the indirect holdings via an LLC, which clarifies the reporting person’s overall exposure to the issuer’s stock.

Corporate Governance Expert

TL;DR: This Form 4 documents a standard, service-conditioned RSU grant to an executive, with full vesting on a single future date.

The filing provides the necessary details for compliance with Section 16 reporting: grant date, number of RSUs, vesting date, and description of indirect ownership. The RSUs are explicitly described as compensation under a quarterly commission program and will vest only with continued service, which is consistent with common governance practices linking pay to retention. The disclosure of indirect holdings through a sole-member LLC improves transparency about beneficial ownership structure.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wunsch Scott M

(Last) (First) (Middle)

C/O BLADE AIR MOBILITY, INC.

31 HUDSON YARDS, 14TH FLOOR

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Blade Air Mobility, Inc. [ BLDE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Trinity Air Medical

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A common stock, $0.0001 par value per share	08/14/2025		A		22,365(1)	A	$0	304,021	D
Class A common stock, $0.0001 par value per share								382,987	I(2)	See Footnotes

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of Restricted Stock Units ("RSUs"), which will be settled in shares of the Issuer's common stock upon vesting. All of the RSUs will vest on December 8, 2025, subject to the Reporting Person's continued service to the Issuer. The RSUs represent an award under the Reporting Person's Quarterly commission program. As the RSUs reflect awards that would otherwise be payable to the Reporting Person in immediately payable cash under such quarterly commission program, all of the RSUs will vest on December 8, 2025, subject to the Reporting Person's continued service to the Issuer.

2. Held directly by a limited liability company of which the Reporting Person is the sole member.

Remarks:

	/s/ Melissa M. Tomkiel, Attorney-in-fact for Scott M. Wunsch	08/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Scott M. Wunsch report on Form 4 for BLDE?

The Form 4 reports a grant of 22,365 Restricted Stock Units (RSUs) on 08/14/2025 that will settle into Class A common stock upon vesting.

When do the RSUs granted to Scott M. Wunsch vest?

All RSUs will vest on December 8, 2025, subject to the Reporting Person’s continued service.

How many BLDE shares does Scott M. Wunsch beneficially own after this grant?

Following the reported transaction, Wunsch beneficially owns 304,021 shares directly and 382,987 shares indirectly through an LLC.

Was there a purchase price for the RSUs awarded to Scott M. Wunsch?

No. The RSUs are reported with a $0 price and will be settled in shares upon vesting.

Who signed the Form 4 on behalf of Scott M. Wunsch and when?

The Form 4 was signed by Melissa M. Tomkiel, Attorney-in-fact for Scott M. Wunsch on 08/18/2025.