Allman Joseph 4
Research Summary
AI-generated summary
Republic Airways CFO Joseph Allman Receives 12,557 RSUs
What Happened
- Joseph Allman, Executive Vice President & Chief Financial Officer of Republic Airways Holdings (RJET), was granted 12,557 restricted stock units (RSUs) on June 15, 2026. The RSUs were reported as acquired at $0.00 (derivative award); no cash changed hands at grant.
- Each RSU represents a contingent right to one share of common stock and will convert to shares only if and when they vest per the schedule described below.
Key Details
- Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely filing).
- Transaction code: A (award/grant); Derivative securities acquired: 12,557 RSUs @ $0.00.
- Shares owned after transaction: not specified in the provided data.
- Footnotes: F1 — each RSU = right to one share; F2 — RSUs vest in three substantially equal annual installments on March 20, 2027, 2028 and 2029.
- Accession number: 0001628280-26-044075 (SEC filing reference).
Context
- These RSUs are compensation-related awards and do not represent an open-market purchase or sale. No shares are issued until RSUs vest, so there is no immediate change to outstanding shares or insider cash position.
- Such grants are common executive compensation; they provide potential future equity but should not be taken alone as a directional signal about insider sentiment.