American Airlines CFO reports tax withholding of 11,547 shares

American Airlines Group Inc. reported an insider equity transaction by its executive vice president and chief financial officer involving company common stock.

Rhea-AI Filing Summary

American Airlines Group Inc. reported an insider equity transaction by its executive vice president and chief financial officer involving company common stock.

On 12/12/2025, 11,547 shares of common stock were withheld by the issuer at $14.96 per share to cover applicable withholding taxes related to the vesting of restricted stock units. Following this tax-withholding transaction, the officer beneficially owns 825,532 shares of American Airlines Group Inc. common stock directly.

Insider Trade Summary

Exercise Price or Tax Liability: 11,547 shares

Exercise Price or Tax Liability 1 txn

Insider May Devon E

Role EVP Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	11,547	$14.96	$173K

Holdings After Transaction: Common Stock — 825,532 shares (Direct)

Footnotes (1)

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 stock transaction did American Airlines Group (AAL) report in this Form 4?

The filing reports that an American Airlines Group Inc. executive vice president and chief financial officer had 11,547 shares of common stock withheld on 12/12/2025 at $14.96 per share to cover tax obligations on vesting restricted stock units.

Who is the reporting person in the American Airlines Group (AAL) Form 4?

The reporting person is an officer of American Airlines Group Inc. who serves as executive vice president and chief financial officer, as indicated in the relationship section of the Form 4.

How many AAL shares does the officer beneficially own after this transaction?

After the reported tax-withholding transaction, the officer beneficially owns 825,532 shares of American Airlines Group Inc. common stock directly.

Why were 11,547 American Airlines Group (AAL) shares withheld in this filing?

The explanation states that 11,547 shares were withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units.

Was this American Airlines Group (AAL) Form 4 a market purchase or sale of stock?

The transaction is coded "F," which, along with the explanation, shows it was a share withholding by the issuer to satisfy tax withholding on equity awards, rather than an open market purchase or sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 12/15/2025 - 04:06 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

May Devon E

(Last) (First) (Middle)

C/O AMERICAN AIRLINES GROUP INC.

1 SKYVIEW DRIVE

(Street)

FORT WORTH TX 76155

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
American Airlines Group Inc. [ AAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/12/2025		F		11,547(1)	D	$14.96	825,532	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

	Michelle Earley, with Power of Attorney	12/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.