flyExclusive (FLYX) director Gregg Hymowitz granted 46,296 RSUs, reports major indirect stakes

Rhea-AI Filing Summary

Hymowitz Gregg reported acquisition or exercise transactions in this Form 4 filing.

flyExclusive Inc. director and ten percent owner Gregg Hymowitz received a grant of 46,296 restricted stock units of Class A common stock, awarded at $0.00 per share. Each unit vested immediately and represents the right to receive one share of Class A common stock.

The filing also reports indirect holdings: 8,818,089 shares of common stock held by EnTrust Emerald (Cayman) LP and 12,718,807 shares of Class A common stock held by EG Sponsor LLC, entities with which Hymowitz is affiliated but where beneficial ownership is disclaimed except for any pecuniary interest.

Insights

Equity compensation analyst

Filing shows an immediate-vesting RSU grant and large existing indirect stakes.

The centerpiece is a grant of 46,296 restricted stock units of flyExclusive Inc. Class A common stock to Gregg Hymowitz at $0.00 per share, vesting immediately. This is clearly compensation-related rather than an open-market purchase.

The filing also details sizable indirect positions: 8,818,089 common shares via EnTrust Emerald (Cayman) LP and 12,718,807 Class A shares via EG Sponsor LLC. Footnotes stress shared or potential beneficial ownership and formal disclaimers beyond any pecuniary interest, framing these as structured investment holdings rather than new market trades.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Hymowitz Gregg, EG Sponsor LLC

Role null | null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	46,296	$0.00	--
holding	Class A Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 46,296 shares (Direct, null); Class A Common Stock — 12,718,807 shares (Indirect, See Footnote); Common Stock — 8,818,089 shares (Indirect, See Footnote)

Footnotes (1)

1. The restricted stock units were granted on May 13, 2026. Each restricted stock unit represents a contingent right to receive one share of flyExclusive, Inc. Class A common stock. The restricted stock units vested immediately upon grant. Held by EnTrust Emerald (Cayman) LP ("EnTrust"). Gregg Hymowitz serves as the Founder and Chief Executive Officer of EnTrust Global, an affiliate of which serves as the general partner of EnTrust, and may be deemed to be the beneficial owner of such shares held by EnTrust. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly. Held by EG Sponsor LLC ("EG Sponsor"). EnTrust Global Partners Offshore LP is the managing member of EG Sponsor and as such has voting and investment discretion with respect to the securities held of record by the Sponsor and may be deemed to have shared beneficial ownership (along with EnTrust Global Group LLC, EnTrust Global LLC, GH EP Holdings LLC and EG Sponsor) of the securities held directly by EG Sponsor. Gregg Hymowitz is the managing member of GH EP Holdings, LLC, which is the managing member of EnTrust Global LLC, which is the managing member of EnTrust Global Group LLC, which serves as the general partner of EnTrust Global Partners Offshore LP, and as a result, may be deemed to have shared beneficial ownership of the securities held directly by EG Sponsor. (Continued from footnote 3) An affiliate of GMF Capital has an approximately 50% membership interest in EG Sponsor. Each such person disclaims any beneficial ownership of such securities except the reported shares other than to the extent of its or his pecuniary interest therein.

Key Figures

RSU grant: 46,296 shares Grant price: $0.00 per share Indirect holding via EnTrust: 8,818,089 shares +2 more

5 metrics

RSU grant 46,296 shares Class A common stock, granted May 13, 2026

Grant price $0.00 per share RSU award to Gregg Hymowitz

Indirect holding via EnTrust 8,818,089 shares Common Stock held by EnTrust Emerald (Cayman) LP

Indirect holding via EG Sponsor 12,718,807 shares Class A Common Stock held by EG Sponsor LLC

Direct holdings after grant 46,296 shares Class A Common Stock directly held by Gregg Hymowitz

Key Terms

restricted stock units, beneficial owner, pecuniary interest, ten percent owner

4 terms

restricted stock units financial

"The restricted stock units were granted on May 13, 2026."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

beneficial owner financial

"may be deemed to be the beneficial owner of such shares held by EnTrust."

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

pecuniary interest financial

"disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein"

ten percent owner financial

"is_ten_percent_owner": 1"

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Hymowitz Gregg

(Last) (First) (Middle)

375 PARK AVENUE, 24TH FLOOR

(Street)

NEW YORK NEW YORK 10152

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FLYEXCLUSIVE INC. [ FLYX ]

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

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

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

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

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

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	05/13/2026		A		46,296(1)	A	$0	46,296	D
Class A Common Stock								12,718,807	I	See Footnote(2)
Common Stock								8,818,089	I	See Footnote(3)(4)

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

1. Name and Address of Reporting Person^*

Hymowitz Gregg

(Last) (First) (Middle)

375 PARK AVENUE, 24TH FLOOR

(Street)

NEW YORK NEW YORK 10152

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

EG Sponsor LLC

(Last) (First) (Middle)

375 PARK AVENUE, 24TH FLOOR

(Street)

NEW YORK NEW YORK 10152

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The restricted stock units were granted on May 13, 2026. Each restricted stock unit represents a contingent right to receive one share of flyExclusive, Inc. Class A common stock. The restricted stock units vested immediately upon grant.

2. Held by EnTrust Emerald (Cayman) LP ("EnTrust"). Gregg Hymowitz serves as the Founder and Chief Executive Officer of EnTrust Global, an affiliate of which serves as the general partner of EnTrust, and may be deemed to be the beneficial owner of such shares held by EnTrust. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

3. Held by EG Sponsor LLC ("EG Sponsor"). EnTrust Global Partners Offshore LP is the managing member of EG Sponsor and as such has voting and investment discretion with respect to the securities held of record by the Sponsor and may be deemed to have shared beneficial ownership (along with EnTrust Global Group LLC, EnTrust Global LLC, GH EP Holdings LLC and EG Sponsor) of the securities held directly by EG Sponsor. Gregg Hymowitz is the managing member of GH EP Holdings, LLC, which is the managing member of EnTrust Global LLC, which is the managing member of EnTrust Global Group LLC, which serves as the general partner of EnTrust Global Partners Offshore LP, and as a result, may be deemed to have shared beneficial ownership of the securities held directly by EG Sponsor.

4. (Continued from footnote 3) An affiliate of GMF Capital has an approximately 50% membership interest in EG Sponsor. Each such person disclaims any beneficial ownership of such securities except the reported shares other than to the extent of its or his pecuniary interest therein.

	EG Sponsor LLC, By: Gregg Hymowitz, /s/ Gregg Hymowitz	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Gregg Hymowitz receive in this Form 4 for FLYX?

Gregg Hymowitz received 46,296 restricted stock units of flyExclusive Class A common stock at $0.00 per share. Each unit represents one share and vested immediately on grant, indicating a compensation award rather than a market purchase.

How do the restricted stock units for FLYX vest for Gregg Hymowitz?

The 46,296 restricted stock units granted to Gregg Hymowitz vested immediately upon grant. Each unit now represents a fully vested contingent right to receive one share of flyExclusive Inc. Class A common stock, effectively functioning as immediately earned equity compensation.

What indirect FLYX holdings are reported for entities tied to Gregg Hymowitz?

The filing reports 8,818,089 shares of common stock held by EnTrust Emerald (Cayman) LP and 12,718,807 Class A shares held by EG Sponsor LLC. Hymowitz is affiliated with these entities but disclaims beneficial ownership beyond any pecuniary interest.

Does this FLYX Form 4 show any open-market buying or selling?

The Form 4 does not show open-market buying or selling. It reports an award of 46,296 restricted stock units vesting immediately, plus existing indirect holdings through EnTrust Emerald (Cayman) LP and EG Sponsor LLC, which are structured investment interests with ownership disclaimers.

Who legally holds the large FLYX positions mentioned in the Form 4?

The large positions are legally held by EnTrust Emerald (Cayman) LP and EG Sponsor LLC. Affiliates of Gregg Hymowitz control these entities, so he may be deemed to share beneficial ownership, but each party disclaims ownership beyond its or his pecuniary interest.