Republic Airways (RJET) CFO awarded 12,557 restricted stock units vesting 2027–2029
Rhea-AI Filing Summary
Allman Joseph reported acquisition or exercise transactions in this Form 4 filing.
REPUBLIC AIRWAYS HOLDINGS INC. Executive Vice President & CFO Joseph Allman received a grant of 12,557 restricted stock units. Each RSU represents a right to receive one share of common stock. These RSUs vest in three substantially equal annual installments on March 20, 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Allman Joseph
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,557 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,557 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock. These RSUs vest in three substantially equal annual installments on March 20, 2027, 2028 and 2029.
Key Figures
RSUs granted: 12,557 units
RSU price: $0.0000 per unit
Shares underlying RSUs: 12,557 shares
+2 more
5 metrics
RSUs granted
12,557 units
Restricted stock unit award to EVP & CFO
RSU price
$0.0000 per unit
Grant/award acquisition, no purchase price
Shares underlying RSUs
12,557 shares
Each RSU equals one share of common stock
Holdings after transaction
12,557 derivative units
Total restricted stock units from this grant
Vesting dates
March 20, 2027/2028/2029
Three substantially equal annual installments
Key Terms
Restricted Stock Units, RSU, contingent right, vest
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
contingent right financial
"represents a contingent right to receive one share of common stock"
vest financial
"These RSUs vest in three substantially equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RJET Executive Vice President & CFO Joseph Allman report?
Joseph Allman reported receiving 12,557 restricted stock units as compensation. These derivative securities convert into common stock on vesting, reflecting an equity-based award rather than an open-market purchase or sale of Republic Airways Holdings Inc. shares.
How many RJET restricted stock units did Joseph Allman receive in this Form 4 filing?
Joseph Allman received 12,557 restricted stock units. After this grant, his reported derivative holdings from this award total 12,557 units, each tied to one underlying share of Republic Airways Holdings Inc. common stock upon vesting and settlement.
When do Joseph Allman’s RJET restricted stock units vest?
The 12,557 restricted stock units vest in three substantially equal annual installments. The vesting dates are March 20, 2027, March 20, 2028 and March 20, 2029, creating a multi‑year long-term incentive tied to Republic Airways Holdings Inc. equity.
Does the RJET Form 4 show an open-market buy or sell by Joseph Allman?
No, the Form 4 reports a grant of restricted stock units coded as an acquisition (A). This is a compensation-related award, not an open-market purchase or sale of Republic Airways Holdings Inc. common stock by Joseph Allman.
What does each RJET restricted stock unit granted to Joseph Allman represent?
Each restricted stock unit represents a contingent right to receive one share of common stock. This means, upon vesting, each unit converts into one Republic Airways Holdings Inc. share, subject to the vesting schedule and standard award conditions.