STOCK TITAN
  1. Home
  2. Sec-filings
  3. SRFM
  4. [Form 4] SURF AIR MOBILITY INC. Insider Trading Activity

Surf Air Mobility (SRFM) CEO gets stock bonus, sells shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

SURF AIR MOBILITY INC. Chief Executive Officer Deanna Leigh White reported compensation-related stock activity. She was granted 262,102 shares of common stock on May 7, 2026 at $0.00 per share, issued under the 2025 Surf Air Mobility Executive Bonus Program.

On May 8, 2026, she sold 56,884 shares of common stock at an average price of $1.3146 per share to pay tax withholding obligations related to the share issuance. After these transactions, she directly owned 899,130 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider White Deanna Leigh
Role Chief Executive Officer
Sold 56,884 shs ($75K)
Type Security Shares Price Value
Sale Common Stock 56,884 $1.3146 $75K
Grant/Award Common Stock 262,102 $0.00 --
Holdings After Transaction: Common Stock — 899,130 shares (Direct, null)
Footnotes (1)
  1. Common stock issued pursuant to the 2025 Surf Air Mobility Executive Bonus Program. Represents shares sold to pay tax withholding obligations in connection with shares of common stock issued to the Reporting Person.
Stock grant 262,102 shares Common stock granted May 7, 2026 under 2025 Executive Bonus Program at $0.00
Sale for taxes 56,884 shares Common stock sold May 8, 2026 at $1.3146 per share
Average sale price $1.3146 per share Price for 56,884 common shares sold May 8, 2026
Shares after grant 956,014 shares Total common shares held after May 7, 2026 grant
Shares after sale 899,130 shares Total common shares directly owned after May 8, 2026 sale
Net shares sold 56,884 shares Net disposition related to tax withholding obligations
2025 Surf Air Mobility Executive Bonus Program financial
"Common stock issued pursuant to the 2025 Surf Air Mobility Executive Bonus Program."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax withholding obligations financial
"Represents shares sold to pay tax withholding obligations in connection with shares of common stock issued"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
White Deanna Leigh
(Last)(First)(Middle)
12111 S. CRENSHAW BLVD.
(Street)
HAWTHORNE CALIFORNIA 90250
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
SURF AIR MOBILITY INC. [ SRFM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/07/2026A262,102(1)A$0956,014D
Common Stock05/08/2026S56,884(2)D$1.3146899,130D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Common stock issued pursuant to the 2025 Surf Air Mobility Executive Bonus Program.
2. Represents shares sold to pay tax withholding obligations in connection with shares of common stock issued to the Reporting Person.
/s/ Douglas Sugimoto, as attorney-in-fact for Deanna White05/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did SRFM’s CEO report in this Form 4?

SURF AIR MOBILITY INC.’s CEO Deanna Leigh White reported a stock grant and a related sale. She received 262,102 common shares as a bonus, then sold 56,884 shares to cover tax withholding obligations tied to that award.

How many SURF AIR MOBILITY (SRFM) shares were granted to the CEO?

The CEO received 262,102 shares of SURF AIR MOBILITY common stock. These shares were issued at $0.00 per share under the 2025 Surf Air Mobility Executive Bonus Program as a compensation award rather than an open-market purchase.

Why did the SRFM CEO sell 56,884 shares of common stock?

Deanna Leigh White sold 56,884 SURF AIR MOBILITY common shares at $1.3146 each to pay tax withholding obligations arising from her stock bonus. The footnote clarifies this was a tax-related sale, not a discretionary open-market liquidation.

What is the 2025 Surf Air Mobility Executive Bonus Program mentioned for SRFM?

The 2025 Surf Air Mobility Executive Bonus Program is the plan under which the CEO’s 262,102-share grant was issued. It functions as an executive compensation program delivering common stock awards instead of cash payments for performance or service.

How many SRFM shares does the CEO hold after these transactions?

Following the reported grant and tax-related sale, CEO Deanna Leigh White directly owns 899,130 shares of SURF AIR MOBILITY common stock. This reflects her position after receiving 262,102 shares and selling 56,884 shares to satisfy associated tax obligations.

Were any derivatives like options or warrants involved in this SRFM Form 4?

No derivative securities are shown in this Form 4. The filing only reports non-derivative common stock transactions: a 262,102-share bonus grant and a 56,884-share sale used to cover tax withholding obligations related to that stock award.