Affiliate Ryan Goepel Files Intent to Sell $53K in Company Stock
Summary
An affiliate of Global Crossing Airlines Group Inc., Ryan Goepel, has filed a Form 144 indicating an intent to sell 133,334 shares of common stock, valued at approximately $53,333.60.
Key Events
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Proposed Stock Sale
Ryan Goepel, an affiliate, intends to sell 133,334 shares of common stock, with an approximate market value of $53,333.60.
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Prior Sales Activity
In the past three months, Ryan Goepel has already sold 113,329 shares, generating gross proceeds of $54,397.92.
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Source of Shares
The shares to be sold were acquired through RSU vesting, indicating equity compensation.
Analysis
This Form 144 filing signals an upcoming sale of shares by Ryan Goepel, an affiliate of Global Crossing Airlines Group Inc. The proposed sale, valued at over $53,000, represents a notable disposition of equity relative to the company's market capitalization. The shares were acquired through RSU vesting, suggesting a cash-out of compensation rather than a direct market purchase. Investors should note this insider selling as it can sometimes indicate a lack of confidence, especially as it follows a previous sale of over $54,000 in the past three months by the same individual.
At the time of this filing, JETMF was trading at $0.43 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $22.2M. The 52-week trading range was $0.40 to $0.87. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.