Republic Airways exec has 5,345 shares withheld
REPUBLIC AIRWAYS HOLDINGS INC.
Rhea-AI Filing Summary
REPUBLIC AIRWAYS HOLDINGS INC. (RJET) reported that Executive Vice President & COO Paul Kinstedt had 5,345 shares of common stock withheld on 2026-08-17 to pay tax liabilities arising from the vesting of restricted stock tied to an operational milestone. This was a Form 4 code F transaction and not an open-market sale. After this withholding, Kinstedt directly holds 220,448 shares of Republic Airways common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 5,345 shares
Tax Withholding
1 txn
Insider
Kinstedt Paul
Role
Executive Vice President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 5,345 | $20.22 | $108K |
Holdings After Transaction:
Common Stock — 220,448 shares (Direct)
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
Shares withheld for taxes: 5,345 shares
Per-share value for withholding: $20.22 per share
Shares held after transaction: 220,448 shares
3 metrics
Shares withheld for taxes
5,345 shares
Common stock withheld on 2026-08-17 to pay tax liability on vesting restricted stock
Per-share value for withholding
$20.22 per share
Valuation used for the 5,345 RJET shares withheld for tax payment
Shares held after transaction
220,448 shares
Direct RJET common stock holdings of Paul Kinstedt following the August 17, 2026 transaction
Key Terms
restricted stock, tax liability, operational milestone
3 terms
restricted stock financial
"vesting of restricted stock in connection with the certification of achievement"
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.
tax liability financial
"withheld by the Issuer to pay taxes applicable to vesting of restricted stock"
operational milestone financial
"certification of achievement of a specified operational milestone related to an award"
FAQ
What insider transaction did RJET report for Paul Kinstedt on August 17, 2026?
Paul Kinstedt had 5,345 RJET shares withheld on 2026-08-17 to pay taxes on vesting restricted stock. This was a code F transaction, not an open-market sale, and reflects tax withholding mechanics.
Was the August 17, 2026 RJET Form 4 transaction an open-market sale?
No, the August 17, 2026 transaction was not an open-market sale. The 5,345 shares were withheld by Republic Airways to pay taxes due on vesting restricted stock associated with an operational milestone award.
Does the recent RJET Form 4 indicate use of a Rule 10b5-1 trading plan?
No, the filing indicates the Rule 10b5-1 box is not checked. The transaction is described as shares withheld to pay taxes on vesting restricted stock, rather than trades executed under a pre-arranged 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.