Republic Airways CFO has shares withheld for taxes
Republic Airways Holdings Inc. Senior Vice President and CFO Joseph Allman reported a routine share withholding related to equity compensation.
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Rhea-AI Filing Summary
Republic Airways Holdings Inc. Senior Vice President and CFO Joseph Allman reported a routine share withholding related to equity compensation. On the vesting of restricted stock tied to an operational milestone, 5,458 shares of common stock were withheld at $20.35 per share to cover applicable taxes.
Following this tax-withholding disposition, Allman directly holds 227,761 shares of Republic Airways common stock. The event reflects compensation and tax treatment rather than an open-market purchase or sale decision.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,458 | $20.35 | $111K |
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer to pay taxes applicable to vesting of restricted stock in connection with the certification of achievement of a specified operational milestone related to an award previously reported.
Key Figures
Key Terms
tax-withholding disposition financial
restricted stock financial
operational milestone financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Republic Airways CFO Joseph Allman report in this Form 4 for RJET?
What triggered the tax-withholding disposition reported by Republic Airways’ CFO?
Does this Republic Airways Form 4 indicate any remaining derivative or option positions?
AI-generated analysis. How Rhea-AI works. Not financial advice.