Director at Republic Airways (MESA) granted 7,261 RSUs
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lenz Michael C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,261 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,410 shares (Direct, null)
Footnotes (1)
- [object Object]
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
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.
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.