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American Airlines (AAL) director awarded 11,177 restricted stock units in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

STEENLAND DOUGLAS M reported acquisition or exercise transactions in this Form 4 filing.

American Airlines Group Inc. director Douglas M. Steenland received an equity award of company common stock. The Form 4 reports a grant of 11,177 shares of common stock at no cash cost to him, increasing his direct holdings to 67,383 shares after the transaction.

The award consists of restricted stock units that will fully vest on the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, as long as he continues to serve through the vesting date. This is a compensation-related grant rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider STEENLAND DOUGLAS M
Role null
Type Security Shares Price Value
Grant/Award Common Stock 11,177 $0.00 --
Holdings After Transaction: Common Stock — 67,383 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 11,177 shares Restricted stock unit award to director on June 10, 2026
Post-transaction holdings 67,383 shares Douglas M. Steenland’s direct common stock ownership after grant
Transaction price $0.00 per share Indicates compensation grant, not open-market purchase
Vesting date outside June 10, 2027 Latest date when restricted stock units will fully vest
Restricted stock units financial
"Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting"
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.
vesting financial
"Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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SEC Form 4
FORM 4UNITED 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*
STEENLAND DOUGLAS M

(Last)(First)(Middle)
C/O AMERICAN AIRLINES GROUP INC
1 SKYVIEW DRIVE

(Street)
FORT WORTH TEXAS 76155

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
American Airlines Group Inc. [ AAL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026A11,177(1)A$0.000067,383D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.
Michelle A. Earley, with Power of Attorney06/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did American Airlines Group (AAL) report for Douglas Steenland?

American Airlines reported that director Douglas M. Steenland received a grant of 11,177 shares of common stock. This was a compensation-related award, not an open-market purchase, and increased his direct ownership to 67,383 shares following the transaction.

Were Douglas Steenland’s new American Airlines (AAL) shares bought on the open market?

No, the 11,177 American Airlines shares reported for Douglas Steenland were granted as a compensation award. The Form 4 shows a transaction price of $0.00 per share, indicating a restricted stock unit grant rather than a cash purchase in the market.

How many American Airlines (AAL) shares does Douglas Steenland hold after this Form 4?

After the reported grant, Douglas Steenland directly holds 67,383 shares of American Airlines common stock. This total includes the 11,177-share award disclosed in the Form 4, reflecting his updated position as a company director following the transaction.

When do Douglas Steenland’s new American Airlines (AAL) restricted stock units vest?

The restricted stock units granted to Douglas Steenland will fully vest on the earlier of June 10, 2027, or the next annual meeting of stockholders after the grant date. Vesting is conditioned on his continued service through the applicable vesting date.

What type of transaction code was used in Douglas Steenland’s American Airlines (AAL) Form 4?

The transaction was reported with code “A,” which denotes a grant, award, or other acquisition. This confirms the 11,177 American Airlines shares were issued as a restricted stock unit compensation grant rather than a discretionary market purchase or sale.