STOCK TITAN

[Form 4] Spirit Airlines, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Spirit Aviation Holdings, Inc. (ticker FLYY) – Form 4 filing dated 07/23/2025

Director Radha Tilton was granted 29,535 restricted stock units (RSUs) on 07/22/2025 at an acquisition price of $0. The RSUs are scheduled to vest 100 % on the first anniversary of the grant, contingent upon Tilton’s continued board service. Immediately after the grant, Tilton’s beneficial ownership stands at 29,535 common shares, all held directly.

No derivative securities were reported and no shares were disposed of. The transaction represents routine equity compensation designed to align the director’s interests with long-term shareholder value. Given the modest size relative to the company’s total share count, the grant is immaterial to overall dilution and has no direct impact on earnings or cash flow.

Spirit Aviation Holdings, Inc. (ticker FLYY) – Comunicazione Form 4 del 23/07/2025

La direttrice Radha Tilton ha ricevuto in data 22/07/2025 29.535 unità di azioni vincolate (RSU) con un prezzo di acquisizione pari a 0 $. Le RSU matureranno interamente (100%) al primo anniversario della concessione, subordinatamente al mantenimento della carica nel consiglio da parte di Tilton. Immediatamente dopo la concessione, la partecipazione diretta di Tilton ammonta a 29.535 azioni ordinarie.

Non sono stati segnalati titoli derivati né la vendita di azioni. L’operazione rappresenta una normale forma di compenso azionario volta ad allineare gli interessi della direttrice con il valore a lungo termine per gli azionisti. Considerando la dimensione contenuta rispetto al totale delle azioni della società, la concessione è irrilevante ai fini della diluizione complessiva e non ha impatti diretti su utili o flussi di cassa.

Spirit Aviation Holdings, Inc. (símbolo FLYY) – Presentación del Formulario 4 con fecha 23/07/2025

La directora Radha Tilton recibió el 22/07/2025 29,535 unidades de acciones restringidas (RSU) con un precio de adquisición de $0. Las RSU están programadas para consolidarse al 100% en el primer aniversario de la concesión, condicionado a que Tilton continúe en el consejo. Inmediatamente después de la concesión, la propiedad beneficiaria de Tilton es de 29,535 acciones ordinarias, todas en propiedad directa.

No se reportaron valores derivados ni se dispusieron acciones. La transacción representa una compensación accionaria rutinaria diseñada para alinear los intereses de la directora con el valor a largo plazo para los accionistas. Dado el tamaño modesto en relación con el total de acciones de la compañía, la concesión es insignificante para la dilución general y no tiene impacto directo en las ganancias o el flujo de caja.

Spirit Aviation Holdings, Inc. (티커 FLYY) – 2025년 7월 23일 제출된 Form 4

이사 Radha Tilton은 2025년 7월 22일에 29,535개의 제한 주식 단위(RSU)를 취득 가격 $0로 부여받았습니다. RSU는 부여일로부터 1년 후 100% 완전 취득 예정이며, Tilton의 이사회 지속 근무가 조건입니다. 부여 직후 Tilton의 실질 소유 주식은 모두 직접 보유한 29,535주입니다.

파생 증권 보고나 주식 처분은 없었습니다. 이번 거래는 이사의 이해관계를 장기 주주 가치와 일치시키기 위한 일상적인 주식 보상입니다. 회사 전체 주식 수에 비해 규모가 크지 않아, 이번 부여는 전체 희석에 미미한 영향을 미치며 수익이나 현금 흐름에 직접적인 영향은 없습니다.

Spirit Aviation Holdings, Inc. (symbole FLYY) – Déclaration Formulaire 4 datée du 23/07/2025

La directrice Radha Tilton s’est vue attribuer le 22/07/2025 29 535 unités d’actions restreintes (RSU) à un prix d’acquisition de 0 $. Les RSU doivent être acquises à 100 % à la date anniversaire de la première année suivant l’attribution, sous réserve que Tilton continue à siéger au conseil. Immédiatement après l’attribution, la participation bénéficiaire de Tilton s’élève à 29 535 actions ordinaires, toutes détenues directement.

Aucun titre dérivé n’a été déclaré et aucune action n’a été cédée. Cette opération constitue une rémunération en actions habituelle visant à aligner les intérêts de la directrice sur la création de valeur à long terme pour les actionnaires. Étant donné la taille modeste par rapport au nombre total d’actions de la société, l’attribution est négligeable en termes de dilution globale et n’a aucun impact direct sur les résultats ou les flux de trésorerie.

Spirit Aviation Holdings, Inc. (Ticker FLYY) – Form 4 Meldung vom 23.07.2025

Die Direktorin Radha Tilton erhielt am 22.07.2025 29.535 Restricted Stock Units (RSUs) zum Erwerbspreis von 0 $. Die RSUs werden zu 100 % am ersten Jahrestag der Gewährung fällig, vorausgesetzt, Tilton bleibt im Vorstand. Direkt nach der Gewährung hält Tilton 29.535 Stammaktien im wirtschaftlichen Eigentum, alle direkt gehalten.

Es wurden keine Derivate gemeldet und keine Aktien veräußert. Die Transaktion stellt eine übliche Aktienvergütung dar, die darauf abzielt, die Interessen der Direktorin mit dem langfristigen Aktionärswert in Einklang zu bringen. Angesichts der vergleichsweise geringen Größe im Verhältnis zur Gesamtzahl der Aktien ist die Gewährung unwesentlich für die Gesamtverwässerung und hat keine direkten Auswirkungen auf Gewinn oder Cashflow.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Standard RSU grant; aligns incentives, negligible dilution.

The one-year cliff-vesting RSU award is a commonplace retention tool. Requiring continued service ties the director to the firm for another 12 months, enhancing governance continuity. With only 29,535 shares involved and no cash outlay, the effect on capitalization is de minimis. The absence of performance hurdles limits the grant’s motivational depth but time-vesting still promotes alignment. Overall impact on shareholders is neutral-to-slightly positive.

TL;DR: Minor, non-cash award—no portfolio action warranted.

This filing signals nothing about operational performance or outlook; it merely discloses routine director compensation. The share count granted is immaterial versus outstanding shares, so dilution and EPS impact are effectively zero. While insider acquisitions can be a sentiment signal, RSU grants at $0 are automatic and do not reflect market conviction. I rate the market impact neutral and would not adjust position sizing based solely on this disclosure.

Spirit Aviation Holdings, Inc. (ticker FLYY) – Comunicazione Form 4 del 23/07/2025

La direttrice Radha Tilton ha ricevuto in data 22/07/2025 29.535 unità di azioni vincolate (RSU) con un prezzo di acquisizione pari a 0 $. Le RSU matureranno interamente (100%) al primo anniversario della concessione, subordinatamente al mantenimento della carica nel consiglio da parte di Tilton. Immediatamente dopo la concessione, la partecipazione diretta di Tilton ammonta a 29.535 azioni ordinarie.

Non sono stati segnalati titoli derivati né la vendita di azioni. L’operazione rappresenta una normale forma di compenso azionario volta ad allineare gli interessi della direttrice con il valore a lungo termine per gli azionisti. Considerando la dimensione contenuta rispetto al totale delle azioni della società, la concessione è irrilevante ai fini della diluizione complessiva e non ha impatti diretti su utili o flussi di cassa.

Spirit Aviation Holdings, Inc. (símbolo FLYY) – Presentación del Formulario 4 con fecha 23/07/2025

La directora Radha Tilton recibió el 22/07/2025 29,535 unidades de acciones restringidas (RSU) con un precio de adquisición de $0. Las RSU están programadas para consolidarse al 100% en el primer aniversario de la concesión, condicionado a que Tilton continúe en el consejo. Inmediatamente después de la concesión, la propiedad beneficiaria de Tilton es de 29,535 acciones ordinarias, todas en propiedad directa.

No se reportaron valores derivados ni se dispusieron acciones. La transacción representa una compensación accionaria rutinaria diseñada para alinear los intereses de la directora con el valor a largo plazo para los accionistas. Dado el tamaño modesto en relación con el total de acciones de la compañía, la concesión es insignificante para la dilución general y no tiene impacto directo en las ganancias o el flujo de caja.

Spirit Aviation Holdings, Inc. (티커 FLYY) – 2025년 7월 23일 제출된 Form 4

이사 Radha Tilton은 2025년 7월 22일에 29,535개의 제한 주식 단위(RSU)를 취득 가격 $0로 부여받았습니다. RSU는 부여일로부터 1년 후 100% 완전 취득 예정이며, Tilton의 이사회 지속 근무가 조건입니다. 부여 직후 Tilton의 실질 소유 주식은 모두 직접 보유한 29,535주입니다.

파생 증권 보고나 주식 처분은 없었습니다. 이번 거래는 이사의 이해관계를 장기 주주 가치와 일치시키기 위한 일상적인 주식 보상입니다. 회사 전체 주식 수에 비해 규모가 크지 않아, 이번 부여는 전체 희석에 미미한 영향을 미치며 수익이나 현금 흐름에 직접적인 영향은 없습니다.

Spirit Aviation Holdings, Inc. (symbole FLYY) – Déclaration Formulaire 4 datée du 23/07/2025

La directrice Radha Tilton s’est vue attribuer le 22/07/2025 29 535 unités d’actions restreintes (RSU) à un prix d’acquisition de 0 $. Les RSU doivent être acquises à 100 % à la date anniversaire de la première année suivant l’attribution, sous réserve que Tilton continue à siéger au conseil. Immédiatement après l’attribution, la participation bénéficiaire de Tilton s’élève à 29 535 actions ordinaires, toutes détenues directement.

Aucun titre dérivé n’a été déclaré et aucune action n’a été cédée. Cette opération constitue une rémunération en actions habituelle visant à aligner les intérêts de la directrice sur la création de valeur à long terme pour les actionnaires. Étant donné la taille modeste par rapport au nombre total d’actions de la société, l’attribution est négligeable en termes de dilution globale et n’a aucun impact direct sur les résultats ou les flux de trésorerie.

Spirit Aviation Holdings, Inc. (Ticker FLYY) – Form 4 Meldung vom 23.07.2025

Die Direktorin Radha Tilton erhielt am 22.07.2025 29.535 Restricted Stock Units (RSUs) zum Erwerbspreis von 0 $. Die RSUs werden zu 100 % am ersten Jahrestag der Gewährung fällig, vorausgesetzt, Tilton bleibt im Vorstand. Direkt nach der Gewährung hält Tilton 29.535 Stammaktien im wirtschaftlichen Eigentum, alle direkt gehalten.

Es wurden keine Derivate gemeldet und keine Aktien veräußert. Die Transaktion stellt eine übliche Aktienvergütung dar, die darauf abzielt, die Interessen der Direktorin mit dem langfristigen Aktionärswert in Einklang zu bringen. Angesichts der vergleichsweise geringen Größe im Verhältnis zur Gesamtzahl der Aktien ist die Gewährung unwesentlich für die Gesamtverwässerung und hat keine direkten Auswirkungen auf Gewinn oder Cashflow.

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).
1. Name and Address of Reporting Person*
Milton Robert A

(Last) (First) (Middle)
C/O SPIRIT AVIATION HOLDINGS, INC.
1731 RADIANT DRIVE

(Street)
DANIA BEACH FL 33004

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Spirit Aviation Holdings, Inc. [ FLYY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Stock 07/22/2025 A(1) 29,535 A $0 251,309 D
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
Explanation of Responses:
1. Represents the grant of an award of restricted stock units, which are generally scheduled to vest 100% on the first anniversary of the grant date, subject to the Reporting Person's continued service through such date.
/s/ Thomas Canfield, as Attorney-In-Fact for Robert A. Milton 07/23/2025
** 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.
Spirit Airls Inc

NYSE:SAVE

SAVE Rankings

SAVE Latest News

SAVE Latest SEC Filings

SAVE Stock Data

118.28M
108.42M
0.86%
44.18%
34.24%
Airlines
Air Transportation, Scheduled
Link
United States
DANIA BEACH