Republic Airways VP has 2,371 shares withheld for taxes
REPUBLIC AIRWAYS HOLDINGS INC.
Rhea-AI Filing Summary
REPUBLIC AIRWAYS HOLDINGS INC. (RJET) reported that officer Scott Hornback, VP Finance and Accounting and Principal Accounting Officer, had 2,371 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. Following this tax-withholding disposition, Hornback directly holds 84,864 shares of common stock.
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Insider Trade Summary
Tax Withholding: 2,371 shares
Tax Withholding
1 txn
Insider
Hornback Scott
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,371 | $20.22 | $48K |
Holdings After Transaction:
Common Stock — 84,864 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: 2,371 shares
Withholding price per share: $20.22 per share
Shares held after transaction: 84,864 shares
3 metrics
Shares withheld for taxes
2,371 shares
Common stock withheld on 2026-08-17 to pay tax liability on vesting restricted stock
Withholding price per share
$20.22 per share
Valuation used for the 2,371 shares withheld for tax liability
Shares held after transaction
84,864 shares
Direct RJET common stock holdings of Scott Hornback following the tax-withholding transaction
Key Terms
restricted stock, tax liability, withheld by the Issuer, operational milestone
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.
tax liability financial
"withheld by the Issuer to pay taxes applicable to vesting"
withheld by the Issuer financial
"Represents shares of common stock withheld by the Issuer to pay"
operational milestone financial
"achievement of a specified operational milestone related to an award"
FAQ
What insider transaction did RJET report for Scott Hornback on August 17, 2026?
RJET reported that Scott Hornback had 2,371 shares of common stock withheld on 2026-08-17. These shares covered tax liabilities from vesting restricted stock linked to an operational milestone, rather than an open-market sale.
Was the RJET insider transaction by Scott Hornback a market sale or tax withholding?
The transaction was tax withholding, not a market sale. RJET withheld 2,371 shares of common stock to pay taxes due on the vesting of a previously granted restricted stock award tied to an operational milestone.
What does transaction code F mean in Scott Hornback’s RJET Form 4 filing?
Transaction code F indicates payment of tax liability by delivering or withholding securities. For RJET, 2,371 shares of common stock were withheld from Scott Hornback’s vested restricted stock to satisfy related tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.