---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-005328"
form_type: "8-K/A"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:44:10.037286+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Spirit Aviation grants inducement awards of 554k shares each to Board Chair Milton and Vice-Chair Siegel

## Summary
- Inducement award granted to each of Robert A. Milton and David N. Siegel on April 25, 2025, for up to 554,436 shares each.
- 40% in service-based RSUs and 60% in performance-based PSUs; vest on three-year anniversary or change in control.
- Non-Employee Director Compensation Policy adopted: annual cash retainer of $100,000 plus equity award of $140,000.
- Additional cash retainers: Board Chair $100k, Vice Chair $75k, Audit Chair $25k, etc.

## SEC filing metadata
- accession: 0000950103-25-005328
- form_type: 8-K/A
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000095010325005328/0000950103-25-005328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000095010325005328/dp228114_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-005328
- JSON: https://secwatch.observer/filing/0000950103-25-005328.json
- Plain text: https://secwatch.observer/filing/0000950103-25-005328.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.