Spirit Aviation Holdings, Inc. reports that Vladimir Galkin, Angelica Galkin and the Angelica Galkin Revocable Trust together hold 1,420,000 shares of common stock, representing 5.0% of the outstanding common stock. The filing states these shares are held in the Revocable Trust and that the trust and the individuals share voting and dispositive power.
The filing cites 28,320,815 shares outstanding as of March 4, 2026 as the basis for the percentage and includes a Joint Filing Agreement among the reporting persons.
Positive
None.
Negative
None.
Insights
Three related reporting persons disclose shared control of 1,420,000 shares (5.0%).
The Schedule 13G shows the Angelica Galkin Revocable Trust holds 1,420,000 shares with shared voting and dispositive power attributed to Vladimir and Angelica Galkin. The filing references the issuer's 10-K for the March 4, 2026 outstanding share count.
Ownership is presented as a joint group via a Joint Filing Agreement. Subsequent public filings will provide updates if their holdings or the issuer's outstanding share count change.
Key Figures
Shares beneficially owned:1,420,000 sharesPercent of class:5.0%Shares outstanding:28,320,815 shares
3 metrics
Shares beneficially owned1,420,000 sharesAmount beneficially owned by the reporting persons
Percent of class5.0%Ownership percentage based on outstanding shares
Shares outstanding28,320,815 sharesOutstanding common stock as of March 4, 2026 (cited from the Form 10-K)
"Reporting persons filed this Schedule 13G to report beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownershipfinancial
"Amount beneficially owned: 1,420,000 (b) Percent of class: 5.0"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared dispositive powerregulatory
"Shared dispositive power 1,420,000.00 over common stock"
Joint Filing Agreementregulatory
"Joint Filing Agreement attached hereto as Exhibit A"
What stake does Vladimir Galkin report in Spirit Aviation Holdings (FLYY)?
He is reported with shared voting and dispositive power over 1,420,000 shares. The filing states this equals 5.0% based on 28,320,815 shares outstanding as of March 4, 2026 per the company's Form 10-K.
Who legally holds the 1,420,000 Spirit Aviation shares reported in the filing?
The shares are held by the Angelica Galkin Revocable Trust, dated April 21, 2018. The trust is identified as holding the shares, with Angelica Galkin as sole trustee and beneficiary.
Do Vladimir and Angelica Galkin report sole or shared control of the shares?
Both reporting persons disclose shared voting and shared dispositive power over the 1,420,000 shares. Each reports zero sole voting and zero sole dispositive power in the filing.
What basis is used to calculate the 5.0% ownership figure?
The percentage is calculated using 28,320,815 shares outstanding as of March 4, 2026, as reported in the issuer's Annual Report on Form 10-K filed March 16, 2026, cited in the Schedule 13G.
Did the reporting persons file any agreement relating to the joint report?
Yes. The Schedule 13G attaches a Joint Filing Agreement (Exhibit A), indicating the reporting persons are reporting as a group under the terms described in the filing.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Spirit Aviation Holdings, Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
84863V101
(CUSIP Number)
04/23/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
84863V101
1
Names of Reporting Persons
Galkin Vladimir
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,420,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,420,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,420,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: (1) Vladimir Galkin has shared voting power and dispositive power over 1,420,000 shares of common stock, which are held by the Angelica Revocable Trust, dated April 21, 2018 (Galkin Revocable Trust). Angelica Galkin, wife of Vladimir Galkin, is the sole trustee and beneficiary of the Galkin Revocable Trust.
(2) Based on 28,320,815 shares of the Issuer's common stock outstanding as of March 4, 2026, as reported on the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the SEC) on March 16, 2026.
SCHEDULE 13G
CUSIP Number(s):
84863V101
1
Names of Reporting Persons
Galkin Angelica
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,420,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,420,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,420,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: (1) Angelica Galkin also has shared voting power and dispositive power over 1,420,000 shares of common stock, which are held by the Galkin Revocable Trust. Ms. Galkin is the sole trustee and beneficiary of the Galkin Revocable Trust.
(2) Based on 28,320,815 shares of the Issuer's common stock outstanding as of March 4, 2026, as reported on the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the SEC) on March 16, 2026.
SCHEDULE 13G
CUSIP Number(s):
84863V101
1
Names of Reporting Persons
Angelica Galkin Revocable Trust, dated April 21, 2018
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
FLORIDA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,420,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,420,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,420,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) Angelica Galkin is the sole trustee and beneficiary of the Galkin Revocable Trust.
(2) Based on 28,320,815 shares of the Issuer's common stock outstanding as of March 4, 2026, as reported on the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the SEC) on March 16, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Spirit Aviation Holdings, Inc.
(b)
Address of issuer's principal executive offices:
1731 Radiant Drive, Dania Beach, Florida , 33004
Item 2.
(a)
Name of person filing:
Vladimir Galkin
Angelica Galkin
Angelica Galkin Revocable Trust
(b)
Address or principal business office or, if none, residence:
Vladimir Galkin and Angelica Galkin: USA; Angelica Galkin Revocable Trust: Florida
(d)
Title of class of securities:
Common Stock, par value $0.0001 per share
(e)
CUSIP Number(s):
84863V101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,420,000
(b)
Percent of class:
Reference is made as to each of the Reporting Persons hereunder to Rows 5-9 and 11 of each of the cover pages of this Schedule 13G and associated footnotes, which are incorporated by reference herein.
Each of the Reporting Persons hereunder may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Exchange Act, or Rule 13d-5 promulgated under the Exchange Act with one or more of the other Reporting Persons hereunder. Although the Reporting Persons are reporting such securities as if they were members of a "group," the filing of this Schedule 13G shall not be construed as an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.
Ownership percent: 5.0
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,420,000
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,420,000
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Item 4 of this Schedule 13G and the Joint Filing Agreement attached hereto as Exhibit A.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Galkin Vladimir
Signature:
Vladimir Galkin
Name/Title:
Individual
Date:
04/23/2026
Galkin Angelica
Signature:
Angelica Galkin
Name/Title:
Individual
Date:
04/23/2026
Angelica Galkin Revocable Trust, dated April 21, 2018
