Form 4: Surf Air Mobility Director Edward A. Mady Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Edward A. Mady reported the acquisition and disposal of Surf Air Mobility Inc. common stock and restricted stock units.
Summary
- On April 3, 2024, Edward A. Mady, a director of Surf Air Mobility Inc., reported changes in beneficial ownership of the company's securities.
- Mady acquired 91,353 shares of common stock and disposed of 187,137 shares.
- Following these transactions, Mady directly owns 187,137 shares of Surf Air Mobility Inc.
- The reported transactions also involve restricted stock units (RSUs) which will vest in full on July 27, 2024, contingent upon Mady's continued service to the Issuer.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating neutral sentiment.
Future Outlook
The vesting of RSUs on July 27, 2024, is contingent upon the Reporting Person's continued service to the Issuer.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the Securities and Exchange Act of 1934.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction: acquisition and disposal of common stock |
| 04/05/2024 | Date of signature for the report |
| 07/27/2024 | Vesting date for restricted stock units |
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