STOCK TITAN

Volato Group (SOAR) COO receives 10,000-share stock grant in Form 4

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

Rhea-AI Filing Summary

Prachar Michael Patrick reported acquisition or exercise transactions in this Form 4 filing.

Volato Group, Inc. Chief Operating Officer Michael Patrick Prachar received a grant of 10,000 shares of common stock, recorded at a price of $0.2600 per share. After this award, he directly holds a total of 68,812 shares of Volato Group common stock.

Positive

  • None.

Negative

  • None.
Insider Prachar Michael Patrick
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock 10,000 $0.26 $3K
Holdings After Transaction: Common Stock — 68,812 shares (Direct)
Footnotes (1)
Shares granted 10,000 shares Compensation grant coded as acquisition (A)
Grant price per share $0.2600 per share Valuation used for the 10,000-share award
Shares held after transaction 68,812 shares Direct ownership after the grant
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.
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.
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*
Prachar Michael Patrick

(Last)(First)(Middle)
C/O VOLATO GROUP, INC.
1954 AIRPORT ROAD, UNIT 124

(Street)
CHAMBLEE GEORGIA 30341

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Volato Group, Inc. [ SOAR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026
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 Stock03/27/2026A10,000A$0.2668,812D
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:
Remarks:
(1) On February 24, 2025, the common stock of Volato Group, Inc. split 1-for-25, resulting in the reporting persons ownership of 1,459 less shares of common stock.
/s/ Mark Heinen, by Power of Attorney03/31/2026
** 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)

FAQ

What insider transaction did Volato Group (SOAR) report for its COO?

Volato Group reported that Chief Operating Officer Michael Patrick Prachar received a grant of 10,000 shares of common stock. This was classified as a grant, award, or other acquisition and increased his direct ownership position in the company’s common stock.

How many Volato Group (SOAR) shares does the COO hold after this Form 4?

After the reported transaction, Chief Operating Officer Michael Patrick Prachar directly holds 68,812 shares of Volato Group common stock. This figure reflects his ownership immediately following the 10,000-share grant, based on the totals disclosed in the Form 4 filing data.

Was the Volato Group (SOAR) COO transaction a purchase or a grant?

The transaction was a grant, not an open-market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition, indicating compensation-related stock rather than a discretionary buy in the open market.

What price per share was used for the Volato Group (SOAR) COO stock grant?

The 10,000-share grant to Chief Operating Officer Michael Patrick Prachar was recorded at $0.2600 per share. This price is used in the Form 4 to value the common stock awarded in the transaction, even though it is a compensation grant rather than a market trade.

Does the Volato Group (SOAR) Form 4 show any stock sales by the COO?

The Form 4 data shows only an acquisition transaction for the COO and no sales. The summary indicates one grant of 10,000 shares, with zero sell transactions or dispositions reported in the transaction summary section of the insider filing.