Surf Air Mobility (SRFM) CEO Deanna White discloses 303,250-share RSU award

Rhea-AI Filing Summary

Surf Air Mobility Inc.'s Chief Executive Officer, Deanna White, reported the acquisition of 303,250 shares of common stock on 12/30/2025. The filing explains this represents restricted stock units (RSUs), each giving the right to receive one share of common stock, and states that the RSUs were fully vested as of the grant date. The transaction price is listed as $0 per share, indicating an equity award rather than an open-market purchase. Following this grant, Deanna White beneficially owns 503,250 shares of Surf Air Mobility common stock in direct ownership.

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

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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 CA 90250

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SURF AIR MOBILITY INC. [ SRFM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/30/2025

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	12/30/2025		A		303,250(1)	A	$0	503,250	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 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs were fully vested as of the grant date.

	/s/ Douglas Sugimoto, as attorney-in-fact for Deanna White	01/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Surf Air Mobility (SRFM) report for its CEO?

Surf Air Mobility reported that Chief Executive Officer Deanna White acquired 303,250 shares of common stock on 12/30/2025, shown as an acquisition in the Form 4.

What type of equity did SRFM CEO Deanna White receive in this Form 4 filing?

The filing states the award is in the form of restricted stock units (RSUs), with each RSU representing a right to receive one share of Surf Air Mobility common stock upon vesting.

Were the RSUs granted to SRFM's CEO vested at the time of grant?

Yes. The explanation notes that the RSUs were fully vested as of the grant date, meaning there are no additional vesting conditions described for this award.

What was the reported price per share for the SRFM CEO’s equity award?

The transaction lists a price of $0 per share for the 303,250 common shares associated with the RSUs, indicating this is a compensatory grant rather than a market purchase.

How many Surf Air Mobility shares does the CEO own after this reported transaction?

After the reported acquisition, Deanna White is shown as beneficially owning 503,250 shares of Surf Air Mobility common stock with direct ownership.

Who signed the Form 4 related to SRFM CEO Deanna White’s transaction?

The Form 4 was signed by /s/ Douglas Sugimoto, acting as attorney-in-fact for Deanna White, dated 01/02/2026.