American Airlines CEO reports tax share withholding
American Airlines Group Inc. CEO and President Robert D. Isom Jr. reported a Form 4 transaction involving company common stock.
Rhea-AI Filing Summary
American Airlines Group Inc. CEO and President Robert D. Isom Jr. reported a Form 4 transaction involving company common stock. On this date, 48,429 shares were disposed of through a tax-withholding arrangement, where shares were withheld by the issuer to cover taxes due on vesting restricted stock units. After this non‑open‑market disposition, he directly owned 3,794,279 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 48,429 shares
Exercise Price or Tax Liability
1 txn
Insider
Isom Robert D Jr
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 48,429 | $13.07 | $633K |
Holdings After Transaction:
Common Stock — 3,794,279 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did American Airlines (AAL) report for its CEO?
American Airlines reported CEO Robert D. Isom Jr. disposed of 48,429 common shares. The shares were withheld by the company to cover tax obligations from vesting restricted stock units, rather than being sold in the open market.
Was the American Airlines (AAL) CEO’s Form 4 transaction a market sale?
No, the transaction was not a market sale. The 48,429 shares were withheld by American Airlines to satisfy applicable withholding taxes tied to vesting restricted stock units, a common administrative process rather than a discretionary open-market sale.
What was the reference price used in the American Airlines (AAL) CEO’s Form 4?
The Form 4 lists a price of $13.07 per share for the 48,429 common shares. This price is used to value the tax-withholding disposition associated with the vesting of restricted stock units, not necessarily a trade execution price on an exchange.
AI-generated analysis. How Rhea-AI works. Not financial advice.