4/A: Mesa Air Group CEO Corrects Stock Award Reporting in Amended SEC Filing

Mesa Air Group's CEO, Jonathan Ornstein, files an amended SEC Form 4 to correct the number of shares received under a restricted stock award granted on June 18, 2024.

Summary

• Jonathan Ornstein, CEO of Mesa Air Group, filed an amended SEC Form 4/A on July 16, 2024, to correct a previous filing made on June 20, 2024.
• The amendment addresses inaccuracies in the reported number of shares received under a restricted stock award granted on June 18, 2024.
• The initial Form 4 incorrectly stated that 474,684 shares were received, but the correct number is 264,412 shares.
• The number of shares beneficially owned was also incorrectly reported as 590,434, and the correct number is 264,412.
• The restricted stock award of 264,412 shares was granted under the 2018 Equity Incentive Plan and will vest annually in equal one-third increments.

Sentiment

Score: 7

Explanation: The document is a routine correction of a filing, so it has a neutral sentiment. The correction of an error is a positive from a transparency perspective.

Negatives

• The initial Form 4 contained incorrect information regarding the number of shares received and beneficially owned.

Industry Context

This filing is a routine correction of an SEC form related to executive compensation, and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders regarding executive compensation.

Key Dates