Form 4 for FLYX FLYEXCLUSIVE INC.
Accepted 2026-02-20 00:00:00 ET · period of report 2026-02-18 · accession 0001193125-26-061368 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-02-20 | 2026-02-18 | FLYX | Segrave Thomas James Jr. | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | 0 | 47.53M | New | $0 |
| D | 2026-02-20 | 2026-02-18 | FLYX | Segrave Thomas James Jr. | CEO, Dir, 10% | C - Cnv Deriv | $0.00 | -10.00M | 47.53M | -17% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2026-02-18 | C | A | 10,000,000 | $0.00 | 10,000,000 | D | — | — | |
| 2 | Common | Class B Common Stock | 2026-02-18 | C | D | 10,000,000 | $0.00 | 47,530,000 | D | — | — | |
| 3 | Derivative | Common Units | 2026-02-18 | C | D | 10,000,000 | $0.00 | 47,530,000 | D | — · — to — | 10,000,000 Class A Common Stock | (F2) The reported transaction represents an administrative conversion effected through the redemption of Common Units and corresponding cancellation of Class B Common Stock in exchange for Class A Common Stock. No shares were sold in connection with this transaction, and the Reporting Person did not receive any cash proceeds. The Reporting Person's aggregate economic and beneficial ownership, voting power, and percentage ownership of the Issuer remain unchanged following the transaction, except for the change in share class designation. No shares were sold or are intended to be sold in connection with this transaction. The conversion was undertaken for long-term structural and administrative planning purposes and was not effected pursuant to any plan or arrangement to dispose of shares. (F1) In connection with the closing of the business combination between EQ Acquisition Corp. and LGM Enterprise, LLC ("LGM") on December 27, 2023, each existing common unit previously issued by LGM was reclassified and reissued into new Common Units on a one-for-one basis, together with an equivalent number of Class B Common Stock of the Issuer. Each Common Unit, together with a corresponding share of Class B Common Stock, is redeemable on a one-for-one basis for a share of Class A Common Stock pursuant to the Issuer's organizational documents and exchange agreement. |