Director William Donovan's Equity Transactions in Volaris (VLRS)

This Form 4 filing reports equity transactions by William Donovan, a director of Controladora Vuela Compania de Aviacion (Volaris, VLRS). On April 28, 2026, Donovan received 232,400 Series A shares of common stock through exercise/vesting of previously granted Restricted Securities Units (RSUs). This increased his direct holdings to 3,096,050 shares. The filing also reports the grant of new RSUs on April 24, 2026: 59,260 RSUs under the Annual Fee plan and 64,200 RSUs under the BoDIP plan, both vesting on April 24, 2027. Additionally, previously granted RSUs from April 28, 2025 were settled: 111,550 RSUs under Annual Fee and 120,850 RSUs under BoDIP were disposed of upon vesting. The transactions represent typical director compensation through equity awards, with shares held through American Depositary Shares (ADSs) where each ADS represents 10 CPOs, and each CPO represents economic interest in one Series A share.