American Airlines (NASDAQ: AAL) vice chair sells 60,000 shares for tax planning

Rhea-AI Filing Summary

American Airlines Group vice chair Stephen L Johnson reported selling 60,000 shares of common stock in two open-market or private transactions on July 30–31, 2026. The weighted-average prices were $15.2626 and $15.2930 per share, across multiple trades within stated ranges. A note explains that the sales were effected in connection with tax planning and that proceeds are being used to help satisfy his tax obligations.

Insider Trade Summary

Net Seller: 60,000 shares

Net Sell 2 txns

Insider Johnson Stephen L

Role Vice Chair

Sold 60,000 shs ($917K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F3	30,000	$15.293	$459K
Sale	Common Stock F1, F2	30,000	$15.2626	$458K

Holdings After Transaction: Common Stock — 1,938,357 shares (Direct)

Footnotes (3)

1. F1. This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.
2. F2. The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $14.90 to $15.44 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. F3. The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $15.18 to $15.4408 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Total shares sold: 60,000 shares Shares sold on July 30, 2026: 30,000 shares Weighted-average price on July 30, 2026: $15.2626 per share +2 more

5 metrics

Total shares sold 60,000 shares Aggregate American Airlines Group common shares sold by Stephen L Johnson on July 30–31, 2026

Shares sold on July 30, 2026 30,000 shares Non-derivative common stock sold in a code S transaction on July 30, 2026

Weighted-average price on July 30, 2026 $15.2626 per share Common stock sold in multiple trades at prices ranging from $14.90 to $15.44 inclusive

Shares sold on July 31, 2026 30,000 shares Non-derivative common stock sold in a code S transaction on July 31, 2026

Weighted-average price on July 31, 2026 $15.2930 per share Common stock sold in multiple trades at prices ranging from $15.18 to $15.4408 inclusive

Key Terms

weighted average, open market or private transaction, tax planning

3 terms

weighted average financial

"The price reported is a weighted average."

A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.

open market or private transaction financial

"Transaction code S described as sale in open market or private transaction"

tax planning financial

"This sale was effected in connection with tax planning"

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

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

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 04:31 PM Accepted by SEC EDGAR 08/03/2026 - 04:30 PM Learn about SEC filing dates

FAQ

What insider transaction did American Airlines Group (AAL) report for Stephen L Johnson?

American Airlines Group reported that vice chair Stephen L Johnson sold 60,000 shares of common stock in two transactions on July 30 and 31, 2026. Both were coded as open-market or private sales of non-derivative common stock held directly.

At what prices did Stephen L Johnson sell his AAL common stock shares?

The filing shows weighted-average sale prices of $15.2626 per share on July 30, 2026 and $15.2930 per share on July 31, 2026. Notes explain these averages reflect multiple trades within specified price ranges on each day.

Why does the American Airlines Group (AAL) disclosure say Stephen L Johnson sold shares?

A note states the sale was effected in connection with tax planning, with proceeds used to help satisfy Stephen L Johnson’s tax obligations. This explanation characterizes the motivation as tax-related rather than as part of a disclosed trading plan.

How many AAL shares did Stephen L Johnson sell on each reported date?

Stephen L Johnson sold 30,000 shares of American Airlines Group common stock on July 30, 2026 and another 30,000 shares on July 31, 2026. In total, the report covers 60,000 shares of directly held common stock.

Do Stephen L Johnson’s AAL transactions involve derivatives or only common stock?

The reported transactions involve non-derivative common stock only. Both entries are coded as sales of common stock, and the transaction summary lists zero derivative transactions or derivative holdings associated with this report.

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^*

Johnson Stephen L

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Chair

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/30/2026		S(1)		30,000(2)	D	$15.2626	1,968,357	D
Common Stock	07/31/2026		S(1)		30,000(3)	D	$15.293	1,938,357	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. This sale was effected in connection with tax planning, and the proceeds from the transaction are being used to help satisfy tax obligations of the Reporting Person.

2. The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $14.90 to $15.44 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from $15.18 to $15.4408 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Michelle A. Earley, with Power of Attorney	08/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)