FlyExclusive (FLYX) director receives 46,296 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Segrave Thomas J. Sr reported acquisition or exercise transactions in this Form 4 filing.
FLYEXCLUSIVE INC. director Thomas J. Segrave Sr. received a grant of 46,296 restricted stock units of Class A common stock on May 13, 2026. Each unit represents a contingent right to one share of Class A common stock, and the units vested immediately upon grant, bringing his directly held position to 46,296 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Segrave Thomas J. Sr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 46,296 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 46,296 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 46,296 units
Grant price: $0.00 per unit
Shares owned after grant: 46,296 shares
3 metrics
RSUs granted
46,296 units
Restricted stock units granted May 13, 2026
Grant price
$0.00 per unit
Stated transaction price per restricted stock unit
Shares owned after grant
46,296 shares
Total Class A common stock directly held after transaction
Key Terms
restricted stock units, contingent right, vested immediately, Class A Common Stock
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vested immediately financial
"The restricted stock units vested immediately upon grant."
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of ... 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.
FAQ
What insider transaction did FLYEXCLUSIVE (FLYX) report for Thomas J. Segrave Sr.?
FLYEXCLUSIVE reported a grant of 46,296 restricted stock units to director Thomas J. Segrave Sr. on May 13, 2026. Each unit converts into one share of Class A common stock, and all units vested immediately at grant.
Was there a purchase or sale of FLYEXCLUSIVE (FLYX) stock in this Form 4?
This Form 4 reflects an acquisition via grant, not an open‑market purchase or sale. The transaction code “A” indicates a grant, award, or other acquisition of 46,296 restricted stock units at a stated price of $0.00 per unit.
Did the FLYEXCLUSIVE (FLYX) restricted stock units vest immediately?
Yes, the restricted stock units vested immediately upon grant. The footnote states that all units granted on May 13, 2026 became fully vested at that time, meaning Segrave’s right to receive the underlying Class A shares became non‑contingent.
What does each restricted stock unit in the FLYEXCLUSIVE (FLYX) grant provide?
Each restricted stock unit provides a contingent right to one share of FLYEXCLUSIVE Class A common stock. Upon vesting, these units convert into actual shares, aligning director compensation with shareholder interests through direct equity exposure.
How is Thomas J. Segrave Sr.’s ownership characterized after this FLYEXCLUSIVE (FLYX) grant?
After the grant, Segrave directly owns 46,296 shares of Class A common stock. The filing lists the ownership type as “direct,” indicating the shares are held in his own name rather than through an indirect entity or trust.