Republic Airways (RJET) awards 12,557 restricted stock units to EVP & COO
Rhea-AI Filing Summary
Kinstedt Paul reported acquisition or exercise transactions in this Form 4 filing.
Republic Airways Holdings reported a compensation-related equity grant for Executive Vice President & COO Paul Kinstedt. He received 12,557 restricted stock units, each representing one share of common stock. These RSUs vest in three substantially equal annual installments on March 20 of 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kinstedt Paul
Role
Executive Vice President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,557 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 12,557 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
- F2. These RSUs vest in three substantially equal annual installments on March 20, 2027, 2028 and 2029.
Key Figures
RSU grant size: 12,557 units
Shares after grant: 12,557 units
Exercise price: $0.00 per unit
+1 more
4 metrics
RSU grant size
12,557 units
Restricted stock units awarded to EVP & COO
Shares after grant
12,557 units
Total RSUs reported as of grant date
Exercise price
$0.00 per unit
RSUs granted at no exercise price
Vesting dates
March 20, 2027/2028/2029
Three substantially equal annual installments
Key Terms
Restricted Stock Units, RSU, contingent right, vest
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
contingent right financial
"represents a contingent right to receive one share of common stock"
vest financial
"These RSUs vest in three substantially equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Republic Airways (RJET) report for Paul Kinstedt?
Republic Airways reported that Executive Vice President & COO Paul Kinstedt received a grant of 12,557 restricted stock units. These units are part of his equity compensation and convert into common shares as they vest over time, aligning his interests with shareholders.
How many restricted stock units did RJET grant to its COO Paul Kinstedt?
Paul Kinstedt was granted 12,557 restricted stock units. Each RSU represents a right to receive one share of Republic Airways common stock, providing him with potential future ownership as the awards vest according to the disclosed schedule.
When do Paul Kinstedt’s RJET restricted stock units vest?
The 12,557 RSUs granted to Paul Kinstedt vest in three substantially equal annual installments. Vesting dates are March 20, 2027, March 20, 2028 and March 20, 2029, encouraging continued service and long-term alignment with company performance.
What does each RJET restricted stock unit represent in this Form 4 filing?
Each restricted stock unit granted to Paul Kinstedt represents a contingent right to receive one share of Republic Airways common stock. He does not receive the shares immediately; they are delivered as the RSUs vest on the specified future dates.