Hymowitz Gregg bought FLYX
December 31, 2025 · Form 4 insider transaction
Hymowitz Gregg bought 7,200,999 shares of flyExclusive, Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 28 days after the transaction.
Footnotes
Each share of Series B Convertible Preferred Stock, par value $0.0001 per share ("Series B Preferred Stock") had a stated value of $1,000. The principal and accrued but unpaid interest and dividends automatically converted into shares of the Issuer's Common Stock on December 31, 2025 at a conversion rate of $3.443441 per share (the "Conversion"). As a result of the Conversion, EnTrust Emerald (Cayman) LP ("EnTrust") and EG Sponsor LLC ("EG Sponsor") received 7,200,999 and 3,193,089 shares of the Issuer's Common Stock, respectively, in their accounts on January 7, 2025.; Held by EnTrust. Gregg Hymowitz serves as the Founder and Chief Executive Officer of EnTrust Global, an affiliate of which serves as the general partner of EnTrust, and may be deemed to be the beneficial owner of such shares held by EnTrust. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.