Volato Group (SOAR) COO receives 10,000-share stock grant in Form 4
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
Key Figures
Shares granted: 10,000 shares
Grant price per share: $0.2600 per share
Shares held after transaction: 68,812 shares
3 metrics
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
Key Terms
Grant, award, or other acquisition, Common Stock, Form 4
3 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.
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
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.
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.
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.