Republic Airways director awarded 7,261 shares

Lenz Michael C. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Lenz Michael C. reported acquisition or exercise transactions in this Form 4 filing.

Republic Airways Holdings Inc. director Michael C. Lenz 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 his direct holdings to 15,410 shares.

Insider Trade Summary

Grant/Award: 7,261 shares

Grant/Award 1 txn

Insider Lenz Michael C.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,261	$0.00	$0.00

Holdings After Transaction: Common Stock — 15,410 shares (Direct)

Footnotes (1)

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 Shares after transaction: 15,410 shares Grant price per share: $0.00 per share +1 more

4 metrics

RSU grant size 7,261 shares Restricted stock units granted as board compensation

Shares after transaction 15,410 shares Direct common stock holdings following grant

Grant price per share $0.00 per share Reported value for the awarded restricted stock units

Acquire transactions 1 transaction Single award acquisition reported in transaction summary

Key Terms

restricted stock units, Board of Directors, Form 4

3 terms

restricted stock units financial

"Represents an award of restricted stock units, granted as compensation"

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"

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.

Form 4 regulatory

"The insider filing describes an award of restricted stock units, not an option exercise. The insider filing is on 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Republic Airways (MESA) report for Michael C. Lenz?

Republic Airways disclosed that director Michael C. Lenz received 7,261 shares of common stock as a compensation award. The grant was reported on Form 4 and reflects a non-cash equity award rather than an open-market stock purchase or sale.

Was the Michael C. Lenz equity grant at Republic Airways (MESA) fully vested?

Yes. The filing states the 7,261 restricted stock units granted to Michael C. Lenz were fully vested upon grant. This means he earned the entire award immediately, with no additional service or performance conditions attached to the vesting.

How many Republic Airways (MESA) shares does Michael C. Lenz hold after this Form 4?

After the reported grant, Michael C. Lenz directly owns 15,410 shares of Republic Airways common stock. This total includes the 7,261 fully vested restricted stock units awarded as compensation for his role on the company’s Board of Directors.

What type of transaction is shown in this Republic Airways (MESA) Form 4?

The Form 4 shows a grant or award acquisition labeled with transaction code “A.” It represents 7,261 restricted stock units granted as board compensation, with a reported price of $0.00 per share, indicating a non-cash equity compensation event, not a market trade.

Does Republic Airways (MESA) indicate this Form 4 involves a stock option exercise?

No. The insider filing describes an award of restricted stock units, not an option exercise. There is no exercise price or derivative position reported, and the derivativeSummary section is empty, indicating no remaining options or similar derivatives tied to this transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 06:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lenz Michael C.

(Last) (First) (Middle)

2 BRICKYARD LANE

(Street)

CARMEL INDIANA 46032

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
REPUBLIC AIRWAYS HOLDINGS INC. [ RJET ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/21/2026		A(1)		7,261	A	$0	15,410	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Chad M. Pulley, Attorney-in-Fact	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)