Surf Air director awarded 73,530 shares

SURF AIR MOBILITY INC. director Carl A. Albert reported an equity award of common stock.

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Form Type

Rhea-AI Filing Summary

SURF AIR MOBILITY INC. director Carl A. Albert reported an equity award of common stock. A trust associated with him, the Carl Albert Trust dated June 7, 1991, received a grant of 73,530 shares of common stock at $1.36 per share, increasing its indirect holdings to 135,458 shares. Separately, Albert directly holds 111,547 shares of common stock. The filing shows an acquisition through a grant, with no open-market buying or selling reported.

Insider Trade Summary

Grant/Award: 73,530 shares

Grant/Award 2 txns

Insider ALBERT CARL A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	73,530	$1.36	$100K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 135,458 shares (Indirect, By Trust); Common Stock — 111,547 shares (Direct)

Footnotes (1)

F1. These shares are held by the Carl Albert Trust dated June 7, 1991.

Key Figures

Stock grant: 73,530 shares Grant price: $1.36 per share Indirect holdings after grant: 135,458 shares +2 more

5 metrics

Stock grant 73,530 shares Common Stock grant/award acquisition

Grant price $1.36 per share Price for the 73,530-share common stock award

Indirect holdings after grant 135,458 shares Common Stock held indirectly by Carl Albert Trust after award

Direct holdings 111,547 shares Common Stock held directly by Carl A. Albert

Acquire transactions 1 transaction Grant/award acquisition reported in transaction summary

Key Terms

Grant, award, or other acquisition, Common Stock, By Trust, indirect ownership, +1 more

5 terms

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

By Trust financial

""nature_of_ownership": "By Trust""

indirect ownership financial

""ownership_type": "indirect""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SRFM director Carl A. Albert report?

Carl A. Albert reported an equity award of Surf Air Mobility common stock. A trust associated with him received 73,530 shares as a grant, increasing its indirect holdings, while no open-market purchases or sales were disclosed in this filing.

How many Surf Air Mobility (SRFM) shares were granted in this Form 4?

The Form 4 shows a grant of 73,530 shares of Surf Air Mobility common stock at $1.36 per share. These shares were received as a non-derivative award rather than through an open-market purchase transaction.

Who owns the newly granted SRFM shares reported in the filing?

The newly granted 73,530 Surf Air Mobility shares are held by the Carl Albert Trust dated June 7, 1991. The filing identifies this as indirect ownership “By Trust,” associated with director Carl A. Albert.

What are Carl A. Albert’s indirect SRFM holdings after the award?

After the 73,530-share grant, the trust associated with Carl A. Albert holds 135,458 shares of Surf Air Mobility common stock indirectly. This reflects the total indirect position reported in the Form 4 following the transaction.

How many SRFM shares does Carl A. Albert hold directly?

The filing includes a holding entry showing Carl A. Albert directly owns 111,547 shares of Surf Air Mobility common stock. This direct position is separate from the 135,458 shares held indirectly through the Carl Albert Trust.

Was the SRFM insider transaction a market buy or sell?

The reported Surf Air Mobility insider transaction was a grant or award acquisition, not a market trade. The Form 4 does not show any open-market buying or selling, only an equity award to a trust associated with the director.

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Accepted by SEC EDGAR 04/21/2026 - 09:28 PM EDT

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).

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^*

ALBERT CARL A

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								111,547	D
Common Stock	04/21/2026		A		73,530	A	$1.36	135,458	I	By Trust⁽¹⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares are held by the Carl Albert Trust dated June 7, 1991.

	/s/ Douglas Sugimoto, as attorney-in-fact for Carl Albert	04/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR