Okediji Ruth L. 4

What Happened

Ruth Okediji, a director of Republic Airways Holdings Inc. (RJET), was granted 7,261 restricted stock units (RSUs) on 2026-05-21. The Form 4 reports the acquisition price as $0.00 and a total reported cost of $0. The filing's footnote states the RSUs were fully vested upon grant, meaning the award converted to shares immediately.

Key Details

• Transaction date: 2026-05-21 (reported on Form 4 filed 2026-05-26).
• Transaction type: Award/Grant (code A) — 7,261 RSUs acquired at $0.00 per share (total $0 reported).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — RSUs granted as board compensation and fully vested upon grant.
• Timeliness: The Form 4 was filed five days after the transaction date; this appears later than the typical two-business-day reporting requirement for Form 4s.

Context

RSU awards are a form of compensation for directors and do not necessarily signal an insider buying or selling based on company outlook. Because these RSUs were fully vested at grant, Okediji immediately became the beneficial owner of the underlying shares and could choose to hold or sell them later; the filing does not indicate any immediate sale. The reported acquisition price of $0.00 reflects the grant nature of the award — fair market value at grant, tax implications, or subsequent sales (if any) are not shown in this filing.