Again... Show me the proof.

 

BB is going to use his shiny new C-series to fly all the pilots he's going to hire to/from training.

 

So after the latest info about BB transferring United Shuttle aircraft to Republic does anyone take my previous theory with some credibility? I see Delta suing the hell out of shuttle and shuttle folding in bankruptcy really quick. Rumor is Delta has 90 EMB 190's on order. 20 are confirmed as of now. I see Bedford moving the aircraft in order to protect some of his product.

 

Delta would go after the holding company (RAH) and not just the shuttle certificate. Depending on how negotiations went this week Delta may just buy the 175s and let another regional staff them. This is probably BBs plan of negotiations continue being stalked. Most of the junior FOs would gladly leave RAH for a quick upgrade and better contract.

 

It's never a good sign when officers are gradually dumping shares of their company.

Insider Purchases - Last 6 Months
Shares Trans
Purchases N/A 0
Sales 188,169 19
Net Shares Purchased
(Sold) (188,169) 19
Total Insider Shares Held 719.5K N/A
% Net Shares Purchased
(Sold) (20.7%) N/A

Insider Transactions Reported - Last Two Years
Date Insider Shares Type Transaction Value*
Jun 11, 2015 ALLMAN JOSEPHOfficer 3,359 Direct Automatic Sale at $9.93 per share. 33,354
Jun 10, 2015 ARNELL LARS ERIKOfficer 4,863 Direct Automatic Sale at $9.95 per share. 48,386
Jun 8, 2015 ALLMAN JOSEPHOfficer 2,475 Direct Disposition (Non Open Market) at $10.76 per share. 26,631
Jun 8, 2015 DOOLEY TIMOTHY P.Officer 3,610 Direct Automatic Sale at $10.20 per share. 36,822
Jun 8, 2015 ARNELL LARS ERIKOfficer 3,471 Direct Disposition (Non Open Market) at $10.76 per share. 37,347
Jun 8, 2015 BLANK ETHAN JOfficer 1,941 Direct Disposition (Non Open Market) at $10.76 per share. 20,885
Jun 8, 2015 BEDFORD BRYAN KEITHOfficer 9,250 Direct Disposition (Non Open Market) at $10.76 per share. 99,530
Jun 8, 2015 DOOLEY TIMOTHY P.Officer 4,702 Direct Disposition (Non Open Market) at $10.76 per share. 50,593
Jun 1, 2015 BEDFORD BRYAN KEITHOfficer 5,000 Direct Automatic Sale at $10.63 per share. 53,150
May 1, 2015 BEDFORD BRYAN KEITHOfficer 5,000 Direct Automatic Sale at $12.41 per share. 62,050
Apr 20, 2015 BLANK ETHAN JOfficer 2,002 Direct Automatic Sale at $13.27 per share. 26,566
Apr 13, 2015 BEDFORD BRYAN KEITHOfficer 5,000 Direct Automatic Sale at $13.51 per share. 67,550
Apr 8, 2015 BLANK ETHAN JOfficer 10,000 Direct Automatic Sale at $13.07 per share. 130,700
Apr 6, 2015 KOSCAL MATTHEWOfficer 2,770 Direct Automatic Sale at $13.12 per share. 36,342
Apr 2, 2015 DOOLEY TIMOTHY P.Officer 13,268 Direct Automatic Sale at $13.51 per share. 179,250
Apr 2, 2015 ARNELL LARS ERIKOfficer 29,643 Direct Automatic Sale at $13.49 per share. 399,884
Apr 2, 2015 ALLMAN JOSEPHOfficer 18,097 Direct Automatic Sale at $13.49 per share. 244,128
Apr 1, 2015 KOSCAL MATTHEWOfficer 1,230 Direct Disposition (Non Open Market) at $13.75 per share. 16,912
Mar 30, 2015 ALLMAN JOSEPHOfficer 1,250 Direct Automatic Sale at $13.79 per share. 17,237
Mar 30, 2015 ARNELL LARS ERIKOfficer 2,083 Direct Option Exercise at $4.94 per share. 10,290
Mar 30, 2015 DOOLEY TIMOTHY P.Officer 23,438 Direct Acquisition (Non Open Market) at $0 per share. N/A
Mar 30, 2015 DOOLEY TIMOTHY P.Officer 7,598 Direct Disposition (Non Open Market) at $13.90 per share. 105,612
Mar 30, 2015 ALLMAN JOSEPHOfficer 14,063 Direct Acquisition (Non Open Market) at $0 per share. N/A
Mar 30, 2015 BEDFORD BRYAN KEITHOfficer 46,875 Direct Acquisition (Non Open Market) at $0 per share. N/A
Mar 30, 2015 BEDFORD BRYAN KEITHOfficer 21,680 Direct Disposition (Non Open Market) at $13.90 per share. 301,352
Mar 30, 2015 ALLMAN JOSEPHOfficer 5,966 Direct Disposition (Non Open Market) at $13.90 per share. 82,927
Mar 30, 2015 ALLMAN JOSEPHOfficer 1,250 Direct Option Exercise at $4.94 per share. 6,175
Mar 30, 2015 BLANK ETHAN JOfficer 3,333 Direct Option Exercise at $4.94 per share. 16,465
Mar 30, 2015 ARNELL LARS ERIKOfficer 23,438 Direct Acquisition (Non Open Market) at $0 per share. N/A
Mar 30, 2015 ARNELL LARS ERIKOfficer 10,462 Direct Disposition (Non Open Market) at $13.90 per share. 145,421
Mar 30, 2015 BLANK ETHAN JOfficer 12,500 Direct Acquisition (Non Open Market) at $0 per share. N/A
Mar 30, 2015 BLANK ETHAN JOfficer 3,831 Direct Disposition (Non Open Market) at $13.90 per share. 53,250
Mar 30, 2015 ARNELL LARS ERIKOfficer 2,083 Direct Automatic Sale at $13.79 per share. 28,724
Mar 30, 2015 BLANK ETHAN JOfficer 3,333 Direct Automatic Sale at $13.79 per share. 45,962
Mar 23, 2015 BLANK ETHAN JOfficer 2,331 Direct Automatic Sale at $14.60 per share. 34,032
Mar 20, 2015 DOOLEY TIMOTHY P.Officer 4,000 Direct Automatic Sale at $14.59 per share. 58,360
Mar 17, 2015 ALLMAN JOSEPHOfficer 1,667 Direct Automatic Sale at $14.40 per share. 24,004
Mar 17, 2015 ALLMAN JOSEPHOfficer 1,667 Direct Option Exercise at $10.29 per share. 17,153
Mar 16, 2015 ARNELL LARS ERIKOfficer 6,667 Direct Automatic Sale at $13.72 per share. 91,471
Mar 16, 2015 ALLMAN JOSEPHOfficer 2,437 Direct Automatic Sale at $13.76 per share. 33,533
Mar 13, 2015 DOOLEY TIMOTHY P.Officer 2,667 Direct Sale at $13.22 per share. 35,257
Mar 13, 2015 HELLER WAYNE COfficer 25,333 Direct Disposition (Non Open Market) at $0 per share. N/A
Mar 13, 2015 HELLER WAYNE COfficer 150,012 Direct Sale at $13.51 per share. 2,026,662
Mar 13, 2015 HELLER WAYNE COfficer 107,345 Direct Option Exercise at $10.29 - $12.7 per share. N/A
Mar 12, 2015 HELLER WAYNE COfficer 52,655 Direct Option Exercise at $10.29 - $12.7 per share. N/A
Mar 12, 2015 HELLER WAYNE COfficer 52,655 Direct Sale at $13.20 per share. 695,046
Mar 11, 2015 ALLMAN JOSEPHOfficer 1,730 Direct Disposition (Non Open Market) at $12.97 per share. 22,438
Mar 11, 2015 BEDFORD BRYAN KEITHOfficer 200,000 Direct Sale at $12.87 per share. 2,574,000
Mar 11, 2015 BLANK ETHAN JOfficer 1,003 Direct Disposition (Non Open Market) at $12.97 per share. 13,008
Mar 11, 2015 BEDFORD BRYAN KEITHOfficer 200,000 Direct Option Exercise at $4.10 per share. 820,000
Mar 11, 2015 HELLER WAYNE COfficer 14,912 Direct Sale at $12.86 per share. 191,768
Mar 6, 2015 WILLMAN RYANOfficer 7,200 Direct Acquisition (Non Open Market) at $0 per share. N/A
Feb 25, 2015 DOOLEY TIMOTHY P.Officer 167 Direct Option Exercise at $10.29 per share. 1,718
Feb 25, 2015 ALLMAN JOSEPHOfficer 700 Direct Automatic Sale at $15.05 per share. 10,535
Feb 25, 2015 ALLMAN JOSEPHOfficer 700 Direct Option Exercise at $12.70 per share. 8,890
Feb 24, 2015 DOOLEY TIMOTHY P.Officer 2,667 Direct Automatic Sale at $15 per share. 40,005
Feb 24, 2015 DOOLEY TIMOTHY P.Officer 2,500 Direct Option Exercise at $10.29 per share. 25,725
Feb 23, 2015 ARNELL LARS ERIKOfficer 167 Direct Automatic Sale at $14.89 per share. 2,486
Feb 23, 2015 ARNELL LARS ERIKOfficer 167 Direct Option Exercise at $10.29 per share. 1,718
Jan 22, 2015 ARNELL LARS ERIKOfficer 2,500 Direct Automatic Sale at $14.89 per share. 37,225
Jan 22, 2015 ARNELL LARS ERIKOfficer 2,500 Direct Option Exercise at $10.29 per share. 25,725
Jan 22, 2015 DOOLEY TIMOTHY P.Officer 38,490 Direct Automatic Sale at $14.77 per share. 568,497
Jan 22, 2015 DOOLEY TIMOTHY P.Officer 38,490 Direct Option Exercise at $12.70 per share. 488,823
Jan 5, 2015 DOOLEY TIMOTHY P.Officer 300 Direct Automatic Sale at $14.70 per share. 4,410
Jan 5, 2015 DOOLEY TIMOTHY P.Officer 300 Direct Option Exercise at $12.70 per share. 3,810
Jan 2, 2015 DOOLEY TIMOTHY P.Officer 10,210 Direct Automatic Sale at $14.72 per share. 150,291
Jan 2, 2015 DOOLEY TIMOTHY P.Officer 10,210 Direct Option Exercise at $12.70 per share. 129,667
Dec 31, 2014 DOOLEY TIMOTHY P.Officer 7,000 Direct Option Exercise at $12.70 per share. 88,900
Dec 31, 2014 ALLMAN JOSEPHOfficer 1,667 Direct Option Exercise at $10.29 per share. 17,153
Dec 31, 2014 ALLMAN JOSEPHOfficer 1,667 Direct Automatic Sale at $14.48 per share. 24,138
Dec 31, 2014 DOOLEY TIMOTHY P.Officer 7,000 Direct Automatic Sale at $14.70 per share. 102,900
Dec 26, 2014 BEDFORD BRYAN KEITHOfficer 476,625 Direct Option Exercise at $13 per share. 6,196,125
Dec 26, 2014 BEDFORD BRYAN KEITHOfficer 470,970 Direct Disposition (Non Open Market) at $13.23 per share. 6,230,933

 

They aren't the only ones... Doug Parker sold something like 6.4% of his stock worth 4.1 mill just last week. When compensation is tied to stock options and there are warnings the market has topped... People sell.

 

Executives sell their stock based on parameters set in a 10b5-1 plan. If they sold it based on what they hear from day to day it would be illegal insider trading.

 

If Parker didn't sell that stock, it was set to expire making it worthless. He acquired that stock back in 2008 IIRC.

 

A 10b5-1 plan is not mandatory. It just serves as an affirmative defense against insider trading. And there are no limits as to when a 10b5-1 plan can be enacted, as long as the officers are not in possession of material information at the time of enactment. But the SEC was investigating those plans a few years ago because they had a very high "abnormal" return rate and were "well-timed" according to their investigation.

An officer can sell their shares on the open public market based on information that has already made public by the company. If he is aware of material information that has not yet been made public and acts upon that information, that is illegal insider trading.

Obviously if insider transactions were not a big deal Wall Street would not place such a large emphasis on insider activity.

Speaking of a 10b5-1 plan, Doug Parker exercised his Stock Appreciation Rights as laid out in the plan. They would expire worthless had he not exercised them.

 

Apparently your sarcasm detector is mel'd. But the details are essentially accurate. Something to shoot for...