{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-004985","form_type":"8-K","ticker":"FLYYQ","cik":"0001498710","company_name":"Spirit Aviation Holdings, Inc.","filed_at":"2025-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.488939+00:00","generated_at":"2026-05-23T11:47:56.329081+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Spirit Airlines appoints Dave Davis as President and CEO effective April 21, 2025","bullets":["Base salary $950k, target bonus 125% of base, sign-on cash bonus $4M (two installments), retention bonus $4M vesting in 5 years.","Receives inducement award of 403,226 RSUs plus initial award of 403,226 time-based RSUs and 403,226 PSUs tied to equity growth.","Board adopted 2025 Incentive Award Plan authorizing 4,032,258 shares for equity awards to employees and directors.","Also appoints Duncan Dee as SVP Corporate Communications and Trey Urbahn as Senior Commercial Advisor.","Davis joins from Sun Country Airlines where he served as President and CFO since 2018."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-004985","json":"https://secwatch.observer/filing/0000950103-25-004985.json","markdown":"https://secwatch.observer/filing/0000950103-25-004985.md","text":"https://secwatch.observer/filing/0000950103-25-004985.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498710/000095010325004985/0000950103-25-004985-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498710/000095010325004985/dp227811_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T11:47:56.329081+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98977f677a","claim":"David Davis was appointed as President and Chief Executive Officer at Spirit Aviation Holdings, Inc..","evidence_excerpt":"On April 17, 2025, Spirit Aviation Holdings, Inc. (“Spirit” or the “Company”) announced the appointment of David Davis as President, Chief Executive Officer of the Company and as a member of the Board of Directors of the Company (the “Board”), in each case to be effective April 21, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1498710/000095010325004985/0000950103-25-004985-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}