STOCK TITAN

American Airlines (AAL) COO has 40,865 shares withheld for taxes

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

Rhea-AI Filing Summary

American Airlines Group Inc. executive David Seymour reported a routine share disposition related to taxes. On May 2, 2026, the company withheld 40,865 shares of common stock at $11.84 per share to cover withholding taxes when his restricted stock units vested. This was not an open-market sale. After the tax-withholding transaction, Seymour directly held 1,094,832 common shares, indicating he retains a substantial ownership position in the company.

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Insider Seymour David
Role EVP Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 40,865 $11.84 $484K
Holdings After Transaction: Common Stock — 1,094,832 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 40,865 shares Withheld on May 2, 2026 for RSU tax obligations
Withholding price per share $11.84 per share Value used for tax-withholding disposition
Shares held after transaction 1,094,832 shares Direct common stock ownership following tax withholding
restricted stock units financial
"withholding taxes related to the vesting of restricted stock units"
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.
withholding taxes financial
"Shares withheld by the issuer to cover applicable withholding taxes"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
Form 4 regulatory
"What does transaction code "F" mean in David Seymour’s American Airlines 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.
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*
Seymour David

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/02/2026
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 Stock05/02/2026F40,865(1)D$11.841,094,832D
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. Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units
Michelle Earley, with Power of Attorney05/04/2026
** 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 David Seymour?

American Airlines reported that EVP and Chief Operating Officer David Seymour had 40,865 shares withheld to cover taxes on vested restricted stock units. This tax-withholding disposition was recorded at $11.84 per share and did not involve an open-market stock sale.

Was David Seymour’s AAL transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The 40,865 American Airlines shares were withheld by the company to cover applicable withholding taxes when Seymour’s restricted stock units vested, a standard compensation-related mechanism rather than a discretionary sale into the market.

How many American Airlines (AAL) shares were withheld for David Seymour’s taxes?

The company withheld 40,865 shares of American Airlines common stock from David Seymour. These shares were applied to satisfy withholding tax obligations tied to the vesting of restricted stock units, at a reported value of $11.84 per share for the disposition.

How many American Airlines (AAL) shares does David Seymour hold after this filing?

After the tax-withholding disposition, David Seymour directly holds 1,094,832 shares of American Airlines common stock. This figure reflects his remaining ownership position following the 40,865 shares withheld by the issuer to satisfy related tax obligations on restricted stock unit vesting.

What does transaction code "F" mean in David Seymour’s American Airlines Form 4?

Transaction code "F" on the Form 4 indicates shares were used to pay an exercise price or tax liability. In Seymour’s case, 40,865 shares were withheld by American Airlines to cover withholding taxes when his restricted stock units vested, not sold on the open market.