Robert L. Fornaro has displayed a keen interest in Spirit Airlines through his stock holdings. He peaked around 2019 when his insider trading values reported significant amounts, reaching around $4.48 million just before the pandemic hit. Over the years, his...
Robert L. Fornaro has displayed a keen interest in Spirit Airlines through his stock holdings. He peaked around 2019 when his insider trading values reported significant amounts, reaching around $4.48 million just before the pandemic hit. Over the years, his wealth tied to Spirit saw fluctuations. In 2022, he consistently sold off shares amounting to around $2 million, indicating a strategic approach amid changing market conditions. His holdings have gone from a high of $4.68 million down to below $1 million by mid-2024, showing the volatility in the airline sector, especially after the pandemic. This indicates not just a managerial role but personal investment in the success of Spirit Airlines.