Company: SRFM
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0000950170-25-043326
Chunk: 361

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 9A
Chunk 361
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 by collusion of two or more people or by management override of the controls. The design of any system of controls is also based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected or preventable.

ITEM 9B. OTHER INFORMATION(a) None.(b) During the three months ended December 31, 2024, our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated the contracts, instructions or written plans for the purchase or sale of our securities set forth in the table below: 

      Type of Trading Agreement

      Name
      Position
      Action
      Adoption/ Termination Date
      Intended to Satisfy Rule 10b5-1*
      Not Intended to Satisfy Rule 10b5-1**
      Total Share of Common Stock to be Sold
       
      Total Shares of Common Stock to be Purchased
       
      Duration

      Tyler Painter
      Director
      Adoption
      12/20/2024
      X

      66,000

      -
       
      3/25/2025 - 3/31/2027

ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

Not Applicable.

120

PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Set forth below is a table identifying our directors and executive officers as of March 14, 2025:

    Name
    Age
     
    Position

    Deanna White
     
    59
     
     Chief Executive Officer and Chief Operating Officer

    Oliver Reeves
     
    46
     
     Chief Financial Officer

    Carl Albert
     
    83
     
     Chairman of the Board

    David Anderman
     
    55
     
     Director

    Tyrone Bland
     
    54
     
     Director

    John D'Agostino