Form 4: Spirit Airlines SVP Thomas Canfield Acquires Shares Following Performance Share Unit Settlement

Thomas Canfield, SVP, General Counsel, and Secretary of Spirit Airlines, acquired 967 shares of common stock at $5.76 per share following the settlement of performance share units.

Summary

• On March 4, 2024, Thomas Canfield, SVP, General Counsel, and Secretary of Spirit Airlines, acquired 967 shares of Spirit Airlines common stock.
• The acquisition was a result of the settlement of the 2021 grant of performance share units, with a performance period from January 1, 2021, through December 31, 2023.
• The price per share was $5.76.
• Following the transaction, Canfield beneficially owns 89,817 shares of Spirit Airlines common stock, which includes restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a transaction.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a relatively small acquisition of shares by a company executive.

Key Dates