FlyExclusive (FLYX) CCO receives 38,580-share stock award and holds options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLYEXCLUSIVE INC. Chief Commercial Officer Michael Guina reported an equity compensation grant and existing option holdings. On May 13, 2026, he received 38,580 shares of Class A Common Stock as a grant or award at a price of $2.16 per share, leaving him with 38,580 common shares held directly.
Guina also holds stock options over 1,600,000 shares of Class A Common Stock at an exercise price of $2.78 per share expiring on September 25, 2034, and options over 800,000 shares at $5.00 per share expiring on September 25, 2035. Footnotes state these options were granted on September 26, 2025 and September 26, 2024, each vesting in three equal annual installments over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Guina Michael
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 38,580 | $2.16 | $83K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 38,580 shares (Direct, null);
Stock Option (Right to Buy) — 800,000 shares (Direct, null)
Footnotes (1)
- The stock option was granted on September 26, 2025. The stock option vests over three (3) years in three equal annual installments on the first, second and third anniversary of the grant date. The stock option was granted on September 26, 2024. The stock option vests over three (3) years in three equal annual installments on the first, second and third anniversary of the grant date.
Key Figures
Stock grant: 38,580 shares at $2.16
Direct common shares after grant: 38,580 shares
Option position 1: 1,600,000 shares at $2.78
+3 more
6 metrics
Stock grant
38,580 shares at $2.16
Class A Common Stock grant on May 13, 2026
Direct common shares after grant
38,580 shares
Class A Common Stock held directly post-transaction
Option position 1
1,600,000 shares at $2.78
Stock option, expires September 25, 2034
Option position 2
800,000 shares at $5.00
Stock option, expires September 25, 2035
Option grant date 1
September 26, 2025
Vests over three years in three equal annual installments
Option grant date 2
September 26, 2024
Vests over three years in three equal annual installments
Key Terms
Stock Option (Right to Buy), Class A Common Stock, Grant, award, or other acquisition, vests over three (3) years
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vests over three (3) years financial
"The stock option vests over three (3) years in three equal annual installments"
FAQ
What insider transaction did FLYX Chief Commercial Officer Michael Guina report?
Michael Guina reported receiving a grant of 38,580 shares of FLYEXCLUSIVE Class A Common Stock. The shares were awarded at a price of $2.16 per share on May 13, 2026, and are held directly as part of his equity compensation.
What stock options on FLYX does Michael Guina hold according to this filing?
Michael Guina holds options over 1,600,000 shares at a $2.78 exercise price expiring September 25, 2034, and options over 800,000 shares at a $5.00 exercise price expiring September 25, 2035, all relating to Class A Common Stock and held directly.
When do Michael Guina’s FLYX stock options vest and expire?
The filing notes options granted on September 26, 2024 and September 26, 2025 vest over three years in three equal annual installments. The related options expire on September 25, 2034 for the $2.78 grant and September 25, 2035 for the $5.00 grant.
Is Michael Guina’s Form 4 for FLYEXCLUSIVE a market purchase or a compensation grant?
The Form 4 classifies the 38,580 Class A Common Stock shares as a grant, award, or other acquisition. This indicates compensation-related stock, not an open-market purchase, with a reported price of $2.16 per share on the transaction date.