Form 4: Mesa Air Group EVP Brian Gillman Reports Stock Transactions
SEC Form 4 Filing
Brian Gillman, EVP/GC/Secretary of Mesa Air Group, reports the vesting and disposal of restricted stock awards on June 1, 2024.
Summary
- Brian Gillman, an executive at Mesa Air Group, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On June 1, 2024, restricted stock awards vested, and shares were acquired.
- Specifically, 6,811, 16,867, and 6,035 shares vested from awards granted in 2021, 2022, and 2023, respectively.
- Also on June 1, 2024, 13,415 shares were disposed of at a price of $1.22.
- Following these transactions, Gillman directly owns 109,124 shares of Mesa Air Group stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
Future tranches of restricted stock awards will vest on June 1, 2025, and June 1, 2026.
Industry Context
Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their trading activities and ownership positions.
Stakeholder Impact
- Shareholders are informed about executive stock transactions, providing insight into management's alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 06/01/2021 | Restricted stock award of 20,429 shares granted under the 2018 Equity Incentive Plan. |
| 06/01/2022 | Restricted stock award of 50,601 shares granted under the 2018 Equity Incentive Plan. |
| 06/01/2023 | Restricted stock award of 18,105 shares granted under the 2018 Equity Incentive Plan. |
| 06/01/2024 | Vesting of restricted stock awards and disposal of shares. |
| 06/01/2025 | Future vesting date for 16,867 shares from the 2022 award and 6,035 shares from the 2023 award. |
| 06/01/2026 | Future vesting date for 6,035 shares from the 2023 award. |
| 06/04/2024 | Date of Form 4 filing. |
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