Global Crossing director acquires 215K shares
Director Harrington Cordia received 215,000 vested RSU shares of Global Crossing Airlines common stock, bringing direct holdings to 514,967 shares.
Rhea-AI Filing Summary
Global Crossing Airlines Group Inc. (JETBF) director Harrington Cordia reported the acquisition of 215,000 shares of Common Stock on August 3, 2026. The shares were acquired upon vesting and conversion of an equal number of RSUs, increasing Cordia’s directly held position to 514,967 shares. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise: 215,000 shares
Exercise
1 txn
Insider
Harrington Cordia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock F1, F2 | 215,000 | -- | -- |
Holdings After Transaction:
Common Stock — 514,967 shares (Direct)
Footnotes (2)
- F1. Reporting person owns only shares of issuer common stock and does not own any shares of Class A common stock or Class B common stock.
- F2. Shares of common stock were acquired upon vesting and therefore conversion of an equal number of RSUs.
Key Figures
Shares acquired: 215,000 shares
Shares held after transaction: 514,967 shares
Rule 10b5-1 plan status: No plan reported
3 metrics
Shares acquired
215,000 shares
Common Stock acquired on August 3, 2026 via RSU vesting and conversion
Shares held after transaction
514,967 shares
Direct ownership of Global Crossing Airlines common stock following the August 3, 2026 transaction
Rule 10b5-1 plan status
No plan reported
Affirmation checkbox for Rule 10b5-1 trading arrangements is not marked
Key Terms
Restricted Stock Units, Class A common stock, Class B common stock
3 terms
Restricted Stock Units financial
"Shares of common stock were acquired upon vesting and therefore conversion of an equal number of RSUs."
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.
Class A common stock financial
"does not own any shares of Class A common stock or Class B 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.
Class B common stock financial
"does not own any shares of Class A common stock or Class B common stock."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did JETBF director Harrington Cordia report on August 3, 2026?
Harrington Cordia reported acquiring 215,000 shares of Common Stock of Global Crossing Airlines Group Inc. on August 3, 2026. The shares were received upon vesting and conversion of an equal number of RSUs, and are held directly.
Was Harrington Cordia’s JETBF Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this RSU vesting and share acquisition.
Does Harrington Cordia own any Class A or Class B common stock of Global Crossing Airlines?
According to the footnotes, Harrington Cordia owns only shares of issuer common stock and does not own any shares of Class A common stock or Class B common stock of Global Crossing Airlines Group Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.