<SEC-DOCUMENT>0001193125-25-302805.txt : 20251128
<SEC-HEADER>0001193125-25-302805.hdr.sgml : 20251128
<ACCEPTANCE-DATETIME>20251128210238
ACCESSION NUMBER:		0001193125-25-302805
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251125
FILED AS OF DATE:		20251128
DATE AS OF CHANGE:		20251128

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Pulley Chad M.
		CENTRAL INDEX KEY:			0002096478
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38626
		FILM NUMBER:		251536976

	MAIL ADDRESS:	
		STREET 1:		2 BRICKYARD LANE
		CITY:			CARMEL
		STATE:			IN
		ZIP:			46032

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REPUBLIC AIRWAYS HOLDINGS INC.
		CENTRAL INDEX KEY:			0000810332
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, SCHEDULED [4512]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				850302351
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2 BRICKYARD LANE
		CITY:			CARMEL
		STATE:			IN
		ZIP:			46032
		BUSINESS PHONE:		317-484-6000

	MAIL ADDRESS:	
		STREET 1:		2 BRICKYARD LANE
		CITY:			CARMEL
		STATE:			IN
		ZIP:			46032

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MESA AIR GROUP INC
		DATE OF NAME CHANGE:	19950426

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MESA AIRLINES INC
		DATE OF NAME CHANGE:	19950426
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>4
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<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-11-25</periodOfReport>

    <issuer>
        <issuerCik>0000810332</issuerCik>
        <issuerName>REPUBLIC AIRWAYS HOLDINGS INC.</issuerName>
        <issuerTradingSymbol>RJET</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002096478</rptOwnerCik>
            <rptOwnerName>Pulley Chad M.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2 BRICKYARD LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CARMEL</rptOwnerCity>
            <rptOwnerState>IN</rptOwnerState>
            <rptOwnerZipCode>46032</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>See Remarks</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-11-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>34626</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>34626</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-11-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>152464</value>
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                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>187090</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On November 25, 2025, pursuant to that Agreement, Plan of Conversion and Plan of Merger (the &quot;Merger Agreement&quot;) dated as of April 4, 2025, by and between Mesa Air Group, Inc. (&quot;Mesa&quot;) and Republic Airways Holdings Inc. (&quot;Republic&quot;), among other things, (i) Republic merged with and into Mesa, with Mesa as the surviving corporation in the merger (the &quot;Merger&quot;), (ii) Mesa was converted from a Nevada corporation to a Delaware corporation, and (iii) Mesa was renamed Republic Airways Holdings Inc. (following the Merger, the &quot;Issuer&quot;).</footnote>
        <footnote id="F2">Pursuant to the Merger Agreement, immediately prior to the effective time of the Merger (&quot;Effective Time&quot;), each outstanding Republic restricted stock unit (&quot;Republic RSU&quot;) that vested in accordance with its terms (&quot;Vested Republic RSU&quot;) was cancelled and converted into the right to receive 38.9933 validly issued, fully paid, and nonassessable shares of Issuer common stock and cash payable in lieu of fractional shares, without interest and subject to any applicable withholding taxes (the &quot;Merger Consideration&quot;).</footnote>
        <footnote id="F3">Pursuant to the Merger Agreement, immediately prior to the Effective Time, each outstanding unvested Republic RSU was assumed by the Issuer and converted into the right to receive an award of restricted shares of Issuer common stock (rounded up to the next whole share of Issuer common stock) equal to the product obtained by multiplying (x) 38.9933 by (y) the total number of shares of Republic Common Stock subject to such unvested Republic RSU immediately prior to the Effective Time. Each unvested Republic RSU assumed and converted into a share of Issuer restricted stock shall continue to have, and shall be subject to, the same terms and conditions (including with respect to vesting) as applied to the corresponding Republic RSU as of immediately prior to the Effective Time.</footnote>
        <footnote id="F4">These shares of Issuer restricted stock vest as follows, in each case, subject to continued service through the applicable vesting date: with respect to 18,093 shares, in equal installments on each of December 31, 2025, December 31, 2026, and December 31, 2027; and with respect to 134,371 shares, 35% of such shares will vest on each of November 25, 2028 and November 25, 2029, and 30% of such shares will vest in one-third tranches upon the achievement of specified operational milestones.</footnote>
    </footnotes>

    <remarks>Title: Senior Vice President, General Counsel, and Secretary</remarks>

    <ownerSignature>
        <signatureName>/s/ Chad M. Pulley</signatureName>
        <signatureDate>2025-11-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
