American Airlines (AAL) COO David Seymour logs 4,801-share tax-withholding stock disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Airlines Group Inc. executive David Seymour, EVP Chief Operating Officer, reported a Form 4 transaction involving common stock. On 12 July 2026, 4,801 shares were disposed of at $16.95 per share as a tax-withholding disposition to cover withholding taxes related to the vesting of restricted stock units. Following this non-market transaction, Seymour directly holds 964,232 shares of American Airlines Group Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seymour David
Role
EVP Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,801 | $16.95 | $81K |
Holdings After Transaction:
Common Stock — 964,232 shares (Direct)
Footnotes (1)
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Key Figures
Shares disposed (tax withholding): 4,801 shares
Price per share: $16.95 per share
Shares held after transaction: 964,232 shares
3 metrics
Shares disposed (tax withholding)
4,801 shares
Shares withheld to cover taxes on RSU vesting on 12 July 2026
Price per share
$16.95 per share
Value used for the 4,801-share tax-withholding disposition
Shares held after transaction
964,232 shares
Direct common stock holdings by David Seymour following the transaction
Key Terms
tax-withholding disposition, restricted stock units, withholding taxes
3 terms
tax-withholding disposition financial
"reported as a tax-withholding disposition to cover withholding taxes"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units financial
"withholding taxes related to the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding taxes financial
"Shares withheld by the issuer to cover applicable withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
FAQ
What did American Airlines (AAL) EVP David Seymour report in this Form 4?
David Seymour reported a tax-withholding disposition of 4,801 common shares of American Airlines Group Inc. at $16.95 per share, used to cover taxes on vesting restricted stock units. He continues to hold 964,232 shares directly.
Was the American Airlines (AAL) Form 4 transaction an open-market sale?
No. The Form 4 shows a tax-withholding disposition (code F), where 4,801 shares were withheld by the issuer to cover withholding taxes on vested restricted stock units, rather than an open-market sale.
What is the nature of the restricted stock unit vesting in this AAL Form 4?
The filing states that shares were withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units. This indicates a routine compensation-related event rather than discretionary share sales.