Republic Airways CEO has 11,695 shares withheld
REPUBLIC AIRWAYS HOLDINGS INC.
Rhea-AI Filing Summary
REPUBLIC AIRWAYS HOLDINGS INC. (RJET) reported that director and President/Chief Executive Officer Matthew Koscal had 11,695 shares of common stock withheld on 2026-08-17 to pay tax liability on the vesting of restricted stock tied to an operational milestone. These shares were disposed of at $20.22 per share, leaving Koscal with 362,325 shares of common stock held directly after the transaction.
Positive
- None.
Negative
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Insider Trade Summary
Tax Withholding: 11,695 shares
Tax Withholding
1 txn
Insider
Koscal Matthew
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 11,695 | $20.22 | $236K |
Holdings After Transaction:
Common Stock — 362,325 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld by 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: 11,695 shares
Per-share value for withholding: $20.22 per share
Shares owned after transaction: 362,325 shares
+1 more
4 metrics
Shares withheld for taxes
11,695 shares
Common stock withheld to pay tax liability on vesting of restricted stock
Per-share value for withholding
$20.22 per share
Value used for the tax-withholding disposition of 11,695 shares
Shares owned after transaction
362,325 shares
Directly owned common shares by Matthew Koscal following the transaction
Shares tied to exercise price or tax liability events
11,695 shares
Total shares reported under code F transactions in this Form 4
Key Terms
restricted stock, operational milestone, tax liability, withheld by Issuer
4 terms
restricted stock financial
"vesting of restricted stock in connection with the certification"
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.
operational milestone financial
"achievement of a specified operational milestone related to an award"
tax liability financial
"withheld by Issuer to pay taxes applicable to vesting"
withheld by Issuer financial
"Represents shares of common stock withheld by Issuer to pay taxes"
FAQ
What insider transaction did RJET report for Matthew Koscal on August 17, 2026?
RJET reported that Matthew Koscal had 11,695 shares of common stock withheld on 2026-08-17 to pay tax liability on vesting restricted stock tied to an operational milestone.
Was the August 17, 2026 RJET Form 4 transaction a market sale by Matthew Koscal?
No. The Form 4 shows a code F transaction, representing shares withheld to pay taxes on vested restricted stock, rather than an open-market sale by Matthew Koscal.
AI-generated analysis. How Rhea-AI works. Not financial advice.