Thomas James Segrave Jr. - 18 Feb 2026 Form 4 Insider Report for FLYEXCLUSIVE INC. (FLYX)

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: FLYX
Reported as of: 18 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 20 Feb 2026, 16:13:22 UTC
Prior SEC filing: 12 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Donald R. Reynolds, Attorney-in-Fact for Thomas James Segrave, Jr.

Key filing fact

Thomas James Segrave Jr. filed Form 4 for FLYEXCLUSIVE INC. (FLYX) on 20 Feb 2026.

Key facts

This page summarizes Thomas James Segrave Jr.'s Form 4 filing for FLYEXCLUSIVE INC. (FLYX).
3 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 20 Feb 2026, 16:13.

Change

Previous filing in this sequence was filed on 12 Dec 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002002475 Primary reporting owner

Segrave Thomas James Jr.

Relationship: Chief Executive Officer, Director, 10%+ Owner
Address: C/O FLYEXCLUSIVE INC., 2860 JETPORT ROAD, KINSTON
Signature: /s/ Donald R. Reynolds, Attorney-in-Fact for Thomas James Segrave, Jr.
Signature date: 20 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FLYX transaction

Class A Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +10,000,000
Change %
Price: $0.000000
Shares after: 10,000,000
Date: 18 Feb 2026
Ownership: Direct
Footnotes: F1, F2

FLYX transaction

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -10,000,000
Change %: -17%
Price: $0.000000
Shares after: 47,530,000
Date: 18 Feb 2026
Ownership: Direct
Footnotes: F1, F2

FLYX holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 600,000
Date: 18 Feb 2026
Ownership: By UTMA on behalf of minor child
Footnotes: F3

FLYX holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 600,000
Date: 18 Feb 2026
Ownership: By UTMA on behalf of minor child
Footnotes: F3

FLYX holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 600,000
Date: 18 Feb 2026
Ownership: By UTMA on behalf of minor child
Footnotes: F3

FLYX holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 600,000
Date: 18 Feb 2026
Ownership: By UTMA on behalf of minor child
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FLYX transaction Derivative

Common Units

Conversion of derivative security

Transaction value: $0
Shares: -10,000,000
Change %: -17%
Price: $0.000000
Shares after: 47,530,000
Date: 18 Feb 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 10,000,000
Exercise price
Footnotes: F1, F2

FLYX holding Derivative

Common Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 600,000
Date: 18 Feb 2026
Ownership: By UTMA on behalf of minor child
Underlying class: Class A Common Stock
Underlying amount: 600,000
Exercise price
Footnotes: F1, F2, F3

FLYX holding Derivative

Common Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 600,000
Date: 18 Feb 2026
Ownership: By UTMA on behalf of minor child
Underlying class: Class A Common Stock
Underlying amount: 600,000
Exercise price
Footnotes: F1, F2, F3

FLYX holding Derivative

Common Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 600,000
Date: 18 Feb 2026
Ownership: By UTMA on behalf of minor child
Underlying class: Class A Common Stock
Underlying amount: 600,000
Exercise price
Footnotes: F1, F2, F3

FLYX holding Derivative

Common Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 600,000
Date: 18 Feb 2026
Ownership: By UTMA on behalf of minor child
Underlying class: Class A Common Stock
Underlying amount: 600,000
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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.

Footnote F3

These securities are held for the Reporting Person's child through a custodial account established pursuant to the Uniform Transfer to Minor Act for which the Reporting Person is custodian. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.