STOCK TITAN

Volato Director's Stock Sale Follows Recent Merger Acquisition Deal

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 Notice filed by Nicholas Cooper, Director of Volato Group (NYSE: SOAR), indicating intent to sell 33,215 shares of common stock with an aggregate market value of $48,826 through Charles Schwab, planned for June 26, 2025.

Key transaction details:

  • Shares were acquired on December 1, 2023, through a merger between Volato Inc and Volato Group
  • Original acquisition was via cash purchase under founder agreement
  • Total shares acquired in merger: 3,466,153
  • Current outstanding shares: 1,921,921
  • No other securities sold by the insider in the past 3 months

The filing includes standard Rule 144 representations that the seller has no knowledge of undisclosed material adverse information regarding the company. Shares will be sold through HOOP CAPITAL LLC.

Positive

  • None.

Negative

  • Director Nicholas Cooper plans to sell 33,215 shares (approximately $48,826 in value), though this represents less than 1% of his total holdings of 3,466,153 shares acquired from the December 2023 merger

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many shares of SOAR stock is Director Nicholas Cooper planning to sell?

According to the Form 144 filing, Director Nicholas Cooper plans to sell 33,215 shares of SOAR common stock through Charles Schwab, with an aggregate market value of $48,826.00.

When did SOAR Director Nicholas Cooper acquire his shares and how?

Cooper acquired 3,466,153 shares on December 1, 2023, through a merger between Volato Inc and Volato Group Inc. The shares were received as merger consideration, with original shares acquired via cash purchase under a founder agreement.

What is the planned date of sale for SOAR shares by Nicholas Cooper?

The Form 144 filing indicates the approximate date of sale is June 26, 2025, and the shares will be sold on the NYSE.

Has SOAR Director Nicholas Cooper sold any shares in the past 3 months?

According to the Form 144 filing section 'Securities Sold During The Past 3 Months', there is nothing to report, indicating Cooper has not sold any SOAR shares in the past 3 months.

What is the current number of outstanding shares of SOAR stock?

According to the Form 144 filing, Volato Group, Inc. (SOAR) has 1,921,921 shares outstanding.
Volato Group Inc-A

NYSE:SOAR

SOAR Rankings

SOAR Latest News

SOAR Latest SEC Filings

SOAR Stock Data

2.96M
15.12M
Airports & Air Services
Air Transportation, Nonscheduled
Link
United States
CHAMBLEE