RAH CEO Bedford Sells $1 million in shares

[BrickTop]

Any comments?

AP
Republic Airways president, CEO sells shares
Tuesday June 17, 1:59 pm ET

Republic Airways Chairman, President, CEO Bryan Keith Bedford sells 100,000 shares

NEW YORK (AP) -- The chairman, president and chief executive of air carrier Republic Airways Holdings Inc. sold 100,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.
In a Form 4 filed with the SEC, Bryan Keith Bedford reported he sold the shares last Thursday and Friday for $9.74 to $10.41 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Republic Airways is based in Indianapolis.

 

[buxflyr]

You mean One Hundred Thousand?

 

[regionalcap]

You mean One Hundred Thousand?

100,000 shares at $10 dollars a share = $1 million

 

[flyboyzz1]

hmmm thats weird

 

[TOOL CRIB]

RAH Sucks!!

 

[SpauldingSmails]

Needless to say, but someone's gotta. You don't sell your shares if you anticipate their value to go up in the near future.

 

[Metro752]

Maybe he's building a new house and needs a little capital?

 

[hockeypilot44]

Maybe his wife is pregnant with number 10 or 11?

 

[Captain Morgan]

Haha, ding ding ding...!

 

[Airline Driver]

Did it ever occur to anyone that perhaps Management "Must" sell off some of their options regardless of the current Price? They do not want to be accused of insider trading and these guys have worn ankle bracelets before. It is to my understanding that they must exercise some of their options during the year to keep things flowing smoothly. I think it might have somothing to do with If you don't use them you loose them, but I could be wrong.

 

[MCOE175]

Did it ever occur to anyone that perhaps Management "Must" sell off some of their options regardless of the current Price? They do not want to be accused of insider trading and these guys have worn ankle bracelets before. It is to my understanding that they must exercise some of their options during the year to keep things flowing smoothly. I think it might have somothing to do with If you don't use them you loose them, but I could be wrong.

100% write about this one... All they would have to do is ask Martha Stewart about selling stock when she knew something worked out.

It is part of their salaries to sell of stock options... If one were to look at the last year it is done every month regardless of the price.

Nothing new here!!!

 

[johnsonrod]

If I had that stock I'd sell it too - he's no dummy...

 

[ABC123]

Funny Wayne Heller just sold 60,000 shares. And on the lastest podcast, if something does not happen within 30-45 days with the excess 170's drastic changes will take place, including JOB CUTS!!!

 

[RedheadCFI]

kids

Maybe his wife is pregnant with number 10 or 11?

Rumor has it whenever the reverand (BB) is going to pop out another kid he sells a bunch of stock or signs a new codeshare. Isn't it like 10 now hp???

 

[BigPappa]

Execs sell stocks = Time to take cover! Things are about to go down.

 

[markminus100]

Execs sell stocks = Time to take cover! Things are about to go down.

Probably should have taken cover a long time ago, then:

http://biz.yahoo.com/t/67/6372.html

 

[ASA_Aviator]

100% write about this one... All they would have to do is ask Martha Stewart about selling stock when she knew something worked out.

It is part of their salaries to sell of stock options... If one were to look at the last year it is done every month regardless of the price.

Nothing new here!!!

She was convicted of obstruction of justice, not insider trading. Of course, she may have been convicted of insider trading if she hadn't obstructed justice.

 

[Andy Neill]

If Jerry Atkin were to sell $1 million worth of SKYW, it would not be very significant since that represents 8% of his holdings. On the other hand, this represented 50% of Bedford's holdings in RJET. Likewise, Heller's sales in June represrent 75% of his holdings. In neither case is this an instance of cashing in recently exercised options. This is a valid cause for concern among investors.

 

[$$$4nothin]

I still get called every single day off I have to do overtime here at RAH. I'm not to worried. (btw I don't ever answer my phone.)

 

[n757st]

I still get called every single day off I have to do overtime here at RAH. I'm not to worried. (btw I don't ever answer my phone.)

I thought you cannot be junior manned at RP.