Madison Air (MAIR) CEO has 93,618 shares withheld to cover tax on vested awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Madison Air Solutions Corp director and CEO Jill S. Wyant reported a routine tax-withholding transaction tied to equity compensation. The company withheld 93,618 shares of Class A common stock at $38.13 per share to cover her tax obligation when 184,854 EAR Units vested. Each EAR Unit gives the right to receive one share of Class A common stock upon vesting, subject to continued service. After this non‑market disposition, she directly holds 3,472,415 shares of Class A common stock, including 2,094,231 EAR Units, indicating a substantial remaining stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wyant Jill S
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A common stock | 93,618 | $38.13 | $3.57M |
Holdings After Transaction:
Class A common stock — 3,472,415 shares (Direct, null)
Footnotes (1)
- Represents shares of the Issuer's Class A common stock withheld to satisfy the reporting person's tax obligation upon the vesting of 184,854 EAR Units. Each EAR Unit represents the right to receive one share of Class A common stock upon vesting, subject to continued service through the applicable vesting date. Includes 2,094,231 EAR Units
Key Figures
Shares withheld for tax: 93,618 shares
Withholding share value: $38.13 per share
Shares after transaction: 3,472,415 shares
+2 more
5 metrics
Shares withheld for tax
93,618 shares
Class A common stock withheld to satisfy tax obligation
Withholding share value
$38.13 per share
Value used for tax-withholding disposition
Shares after transaction
3,472,415 shares
Total direct Class A holdings following transaction
Vested EAR Units
184,854 units
EAR Units vesting that triggered the tax obligation
Remaining EAR Units
2,094,231 units
EAR Units included in post-transaction holdings
Key Terms
EAR Units, tax obligation, vesting, Class A common stock, +1 more
5 terms
EAR Units financial
"Includes 2,094,231 EAR Units"
tax obligation financial
"withheld to satisfy the reporting person's tax obligation upon the vesting"
vesting financial
"upon the vesting of 184,854 EAR Units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A common stock financial
"Represents shares of the Issuer's Class A common stock withheld"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
