Director Ruth Okediji awarded 7,261 Republic Airways (MESA) shares
Rhea-AI Filing Summary
Okediji Ruth L. reported acquisition or exercise transactions in this Form 4 filing.
Republic Airways Holdings Inc. director Ruth L. Okediji received a grant of 7,261 shares of Common Stock in the form of restricted stock units as compensation for serving on the Board of Directors. The award was fully vested upon grant and increased her directly held stake to 34,205 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,261 shares
Net Buy
1 txn
Insider
Okediji Ruth L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,261 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 34,205 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock units, granted as compensation for serving as a member of the Board of Directors of Republic Airways Holdings Inc., which was fully vested upon grant.
Key Figures
RSU grant size: 7,261 shares
Post-transaction holdings: 34,205 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSU grant size
7,261 shares
Restricted stock unit award to director Ruth L. Okediji
Post-transaction holdings
34,205 shares
Total common stock directly held after grant
Grant price per share
$0.0000 per share
Equity compensation, non-cash award
Transaction code
A
Grant, award, or other acquisition on Form 4
Key Terms
restricted stock units, Board of Directors, Grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents an award of restricted stock units, granted as compensation for serving as a member of the Board of Directors"
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.
Board of Directors financial
"granted as compensation for serving as a member of the Board of Directors of Republic Airways Holdings Inc."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Republic Airways Holdings (MESA) report for Ruth L. Okediji?
Ruth L. Okediji received 7,261 shares of Republic Airways Holdings common stock as a restricted stock unit award. This grant was reported on Form 4 and reflects compensation for her role on the company’s Board of Directors, not an open‑market purchase or sale.
Was cash involved in the Republic Airways (MESA) Form 4 award to Ruth L. Okediji?
No cash changed hands in this grant; the transaction price per share was listed as 0.0000. The 7,261-share award represents equity compensation in common stock, not a market purchase, aligning with typical director pay practices at many public companies.
What does transaction code "A" mean in the Republic Airways (MESA) Form 4 for Ruth L. Okediji?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects the 7,261-share restricted stock unit award given to Ruth L. Okediji as compensation for serving on Republic Airways Holdings’ Board of Directors.