Ryan Goepel - May 27, 2025 Form 4 Insider Report for Global Crossing Airlines Group Inc. (JETMF)

Role
Officer
Signature
/s/ Martin Schrier as attorney-in-fact for Ryan Goepel
Stock symbol
JETMF
Transactions as of
May 27, 2025
Transactions value $
-$1,792
Form type
4
Date filed
6/3/2025, 08:46 PM
Previous filing
Apr 2, 2025
Next filing
Jun 17, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Goepel Ryan Officer 4200 NW 36TH ST, BLDG. 5A 4TH FLOOR, MIAMI /s/ Martin Schrier as attorney-in-fact for Ryan Goepel 2025-06-03 0001879750

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JETMF Common Stock Sale -$7.71K -12K -0.72% $0.64 1.66M May 27, 2025 Direct F1
transaction JETMF Common Stock Sale -$12K -20K -1.2% $0.60 1.64M May 30, 2025 Direct F1
transaction JETMF Common Stock Exercise of in-the-money or at-the-money derivative security $17.9K +71.7K +4.37% $0.25 1.71M Jun 2, 2025 Direct F1
holding JETMF Common Stock 3.35K May 27, 2025 See footnote F1, F2
holding JETMF Common Stock 3.35K May 27, 2025 See footnote F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding JETMF Restricted Stock Units 0 May 27, 2025 Common Stock 83.3K $0.00 Direct F3
holding JETMF Restricted Stock Units 0 May 27, 2025 Common Stock 860K $0.00 Direct F4
holding JETMF Restricted Stock Units 0 May 27, 2025 Common Stock 100K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reporting person owns only shares of issuer common stock and does not own any shares of Class A common stock or Class B common stock.
F2 Shares are held of record by the reporting person as co-custodian for a minor child under the Uniform Transfer to Minors Act (FL). The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3 Each restricted stock unit represents a contingent right to receive one share of the issuer common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on March 16, 2023. Shares of common stock subject to this award are subject to service-based vesting conditions and vest on March 16, 2026, subject to continued service through such vesting date.
F4 Each RSU represents a contingent right to receive one share of the issuer common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on February 3, 2025. Shares of common stock subject to this award are subject to service-based vesting conditions and these RSUs vest one-third on each of February 3, 2026, February 3, 2027 and February 3, 2028, subject to continued service through such vesting date.
F5 Each RSU represents a contingent right to receive one share of the issuer common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on March 20, 2024. Shares of common stock subject to this award are subject to service-based vesting conditions and vest in equal annual installments on each of March 20, 2026 and March 20, 2027, subject to continued service through such vesting date.