American Airlines (AAL) grants director 11,177 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Airlines Group Inc. director Matthew J. Hart reported an acquisition of 11,177 shares of common stock as a grant or award, at a stated price of $0.00 per share. After this grant, he directly holds 114,071 shares. According to the footnote, these restricted stock units vest fully on the earlier of June 10, 2027 or the next annual meeting of stockholders following the grant date, subject to his continued service through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HART MATTHEW J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,177 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 114,071 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 11,177 shares
Grant price: $0.00 per share
Post-transaction holdings: 114,071 shares
+1 more
4 metrics
Equity grant size
11,177 shares
Common stock grant/award on June 10, 2026
Grant price
$0.00 per share
Stated transaction price for the award
Post-transaction holdings
114,071 shares
Total common stock directly held after the grant
Vesting date
June 10, 2027
RSUs vest on this date or at next annual meeting
Key Terms
Restricted stock units, annual meeting of stockholders, Grant, award, or other acquisition
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.
annual meeting of stockholders financial
"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"
FAQ
What insider transaction did American Airlines (AAL) report for Matthew J. Hart?
American Airlines reported that director Matthew J. Hart received 11,177 shares of common stock as a grant or award. The shares were issued at a stated price of $0.00 per share, reflecting equity compensation rather than an open-market purchase.
When do Matthew J. Hart’s American Airlines restricted stock units vest?
The restricted stock units vest fully on the earlier of June 10, 2027, or the next annual meeting of stockholders after the grant date. Vesting is conditioned on Hart’s continued service with the company through the applicable vesting date.
Is Matthew J. Hart’s American Airlines Form 4 transaction an open-market buy or a compensation grant?
The transaction is categorized as a grant, award, or other acquisition, not an open-market purchase. The Form 4 shows code “A” and a $0.00 price per share, indicating stock-based compensation rather than a discretionary market trade.
What does the Form 4 footnote say about American Airlines (AAL) director equity vesting?
The footnote explains that the restricted stock units will fully vest on the earlier of June 10, 2027, or the next annual stockholder meeting after the grant. Vesting is subject to the director continuing to serve through the vesting date.