ARTIST ELLEN N. 4
Research Summary
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Republic Airways (RJET) Director Ellen Artist Receives 7,261-Share Award
What Happened Ellen N. Artist, a director of Republic Airways Holdings, Inc. (RJET), was granted 7,261 restricted stock units (RSUs) on May 21, 2026. The Form 4 reports the acquisition at $0.00 per share (as is typical for RSU awards) and notes the award was fully vested upon grant, meaning the shares were owned outright immediately. No cash purchase or sale occurred.
Key Details
- Transaction date: 2026-05-21 (reported on Form 4 filed 2026-05-26).
- Instrument and amount: Award/Grant (A) of 7,261 shares (RSUs), acquisition price reported as $0.00.
- Vesting: Footnote F1 states the RSUs were granted as board compensation and were fully vested upon grant.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: The Form 4 was filed 5 days after the transaction date (typical Form 4 filings are due within 2 business days), so this filing appears to be late.
- Exhibit: Exhibit 24 — Power of Attorney included.
Context This was a compensation award to a board member rather than an open-market purchase or sale. RSU awards for directors are common and reflect compensation, not necessarily a direct signal about the director’s short-term market view. Because the award vested immediately, Artist became the beneficial owner of the shares upon grant.
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