Form 4: Surf Air Mobility Director John D'Agostino Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director John D'Agostino reports acquisition and disposal of Surf Air Mobility Inc. common stock and restricted stock units.
Summary
- On April 3, 2024, John D'Agostino, a director of Surf Air Mobility Inc., reported changes in his beneficial ownership of the company's securities.
- D'Agostino acquired 91,353 shares of common stock and disposed of 146,917 shares.
- He also holds restricted stock units (RSUs) that will vest on July 27, 2024, contingent upon his continued service to the Issuer.
- Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The vesting of the 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, which is a common occurrence in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction involving common stock. |
| 04/05/2024 | Date of signature on the Form 4 filing. |
| 07/27/2024 | Vesting date for restricted stock units. |
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