American Airlines (NASDAQ: AAL) director awarded 11,177 restricted stock units in equity grant

Rhea-AI Filing Summary

Nesbitt Martin H. reported acquisition or exercise transactions in this Form 4 filing.

American Airlines Group Inc. director Martin H. Nesbitt received a grant of 11,177 shares of common stock in the form of restricted stock units. The award was granted at no cash cost to him and increases his direct holdings to 90,230 shares. These restricted stock units will fully vest on the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, provided he continues to serve through the vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nesbitt Martin H.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	11,177	$0.00	--

Holdings After Transaction: Common Stock — 90,230 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 11,177 shares Grant price per share: $0.00 per share Shares owned after grant: 90,230 shares +1 more

4 metrics

RSU grant size 11,177 shares Restricted stock units granted to director on June 10, 2026

Grant price per share $0.00 per share Equity compensation award, no cash paid by director

Shares owned after grant 90,230 shares Total direct holdings following the reported transaction

Vesting date June 10, 2027 Full vesting or earlier at next annual stockholders’ meeting

Key Terms

restricted stock units, Form 4, annual meeting of stockholders

3 terms

restricted stock units financial

"Restricted stock units will vest fully upon the earlier of June 10, 2027"

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

annual meeting of stockholders financial

"or the next annual meeting of stockholders following the grant date"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Nesbitt Martin H.

(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)

X	Director		10% 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)

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	06/10/2026		A		11,177(1)	A	$0.0000	90,230	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. 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 Attorney	06/12/2026
	** 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)

FAQ

What insider transaction did AAL director Martin H. Nesbitt report on this Form 4?

Director Martin H. Nesbitt reported receiving 11,177 restricted stock units of American Airlines Group Inc. common stock. The award was granted at no cash cost to him and represents equity-based compensation that increases his direct ownership stake in the company.

How many AAL shares does Martin H. Nesbitt hold after this reported grant?

After the reported grant, Martin H. Nesbitt directly holds 90,230 shares of American Airlines Group Inc. common stock. This total includes the 11,177 restricted stock units granted, reflecting his updated equity position following the compensation award.

When do Martin H. Nesbitt’s AAL restricted stock units vest?

The 11,177 restricted stock units vest fully on the earlier of June 10, 2027, or the next annual meeting of stockholders. Vesting is conditioned on Nesbitt’s continued service with American Airlines Group Inc. through the applicable vesting date.

Did Martin H. Nesbitt buy AAL shares in the market in this Form 4?

No, the Form 4 shows a grant of 11,177 restricted stock units at a price of $0.00 per share. This reflects an equity compensation award from American Airlines Group Inc., not an open-market purchase of common stock by the director.

What does the AAL Form 4 footnote say about the restricted stock units?

The footnote explains that the restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders. Vesting is subject to Martin H. Nesbitt’s continued service as a reporting person through the vesting date.

Is this AAL Form 4 transaction classified as an acquisition or a sale?

The transaction is classified as an acquisition, specifically a grant or award of 11,177 restricted stock units. The Form 4 uses code “A” for this award, indicating it is part of equity compensation rather than a sale of American Airlines Group Inc. shares.