Republic Airways (NASDAQ: MESA) withholds shares to cover executive taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Republic Airways Holdings Inc. reported that Senior Vice President and COO Paul Kinstedt had 5,345 shares of common stock withheld by the company on May 29, 2026 to cover taxes due on the vesting of restricted stock tied to an operational milestone. This was a tax-withholding disposition at $20.35 per share, not an open-market sale. After this transaction, Kinstedt directly owns 225,793 shares of Republic Airways common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kinstedt Paul
Role
Senior Vice President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,345 | $20.35 | $109K |
Holdings After Transaction:
Common Stock — 225,793 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 5,345 shares
Withholding price: $20.35 per share
Shares held after transaction: 225,793 shares
+2 more
5 metrics
Tax-withheld shares
5,345 shares
Common stock withheld to pay taxes on restricted stock vesting
Withholding price
$20.35 per share
Value used for tax-withholding disposition on May 29, 2026
Shares held after transaction
225,793 shares
Direct ownership of Republic Airways common stock following withholding
Transaction code
F
Payment of tax liability by delivering securities (non-derivative)
Transaction direction
dispose
Tax-withholding disposition, not an open-market sale
Key Terms
restricted stock, operational milestone, tax-withholding disposition, Form 4, +1 more
5 terms
restricted stock financial
"vesting of restricted stock in connection with the certification"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
operational milestone financial
"achievement of a specified operational milestone related to an award"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Senior Vice President and COO financial
"officer_title": "Senior Vice President and COO""
FAQ
What did Mesa Airlines (MESA) executive Paul Kinstedt report in this Form 4?
Paul Kinstedt reported that 5,345 Republic Airways common shares were withheld to pay taxes on vested restricted stock. This was an internal tax-withholding transaction, not an open-market purchase or sale, and reflects routine compensation-related activity.
What triggered the tax-withholding transaction in Paul Kinstedt’s Form 4?
The withholding occurred because restricted stock vested in connection with certification of a specified operational milestone. When such awards vest, companies often withhold shares to pay applicable taxes instead of requiring executives to provide cash.