American Airlines CEO has 335K shares withheld for tax

American Airlines’ CEO had shares withheld to satisfy tax obligations on vested restricted stock units, not as an open-market sale.

Rhea-AI Filing Summary

American Airlines Group Inc. (AAL) reported that CEO and President Robert D. Isom Jr. had a total of 335,199 shares of common stock withheld on September 20, 2026, to cover withholding taxes arising from the vesting of restricted stock units. The shares, split into blocks of 169,483 and 165,716 at $12.96 per share, were withheld by the issuer for tax payment rather than sold in open-market transactions, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Tax Withholding: 335,199 shares

Tax Withholding 2 txns

Insider Isom Robert D Jr

Role CEO and President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	169,483	$12.96	$2.20M
Tax Withholding	Common Stock F1	165,716	$12.96	$2.15M

Holdings After Transaction: Common Stock — 3,459,080 shares (Direct)

Footnotes (1)

1. F1. Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

Key Figures

Shares withheld for taxes (first block): 169,483 shares Shares withheld for taxes (second block): 165,716 shares Total shares withheld for tax liability: 335,199 shares +2 more

5 metrics

Shares withheld for taxes (first block) 169,483 shares Common stock withheld on September 20, 2026 for tax withholding on RSU vesting

Shares withheld for taxes (second block) 165,716 shares Common stock withheld on September 20, 2026 for tax withholding on RSU vesting

Total shares withheld for tax liability 335,199 shares Sum of shares withheld to cover withholding taxes on vested restricted stock units

Reference price per share $12.96 per share Price used for both tax-withholding transactions on September 20, 2026

Number of tax-withholding transactions 2 transactions Both classified as payment of tax liability by delivering or withholding securities

Key Terms

withholding taxes, restricted stock units, Common Stock

3 terms

withholding taxes financial

"to cover applicable withholding taxes related to the vesting of restricted stock units"

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.

restricted stock units financial

"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.

Common Stock financial

"Shares withheld by the issuer in the form of Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did AAL’s CEO report in this Form 4?

The CEO reported that 335,199 shares of American Airlines Group Inc. common stock were withheld on September 20, 2026 to pay withholding taxes related to the vesting of restricted stock units, at a reference price of $12.96 per share.

Were the AAL shares reported by the CEO sold in the open market?

No. The filing states the shares were withheld by the issuer to cover applicable withholding taxes tied to restricted stock unit vesting, rather than being sold in open-market transactions.

How many AAL shares did the CEO have withheld for taxes on each transaction date block?

On September 20, 2026, the CEO had two blocks withheld for taxes: one of 169,483 shares and another of 165,716 shares, each priced at $12.96 per share for tax-withholding purposes.

What is the total number of AAL shares used for the CEO’s tax withholding in this Form 4?

The total number of American Airlines Group Inc. shares used for tax withholding in this report is 335,199, representing the sum of the two tax-withholding transactions related to restricted stock unit vesting.

Was a Rule 10b5-1 trading plan involved in the AAL CEO’s reported transactions?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is associated with these transactions; they reflect issuer share withholding for tax obligations on vested restricted stock units.

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

Form 4 Insider Transactions: What Each Field Means →

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

Add on Google Not now

Available on EDGAR 09/21/2026 - 04:48 PM Accepted by SEC EDGAR 09/21/2026 - 04:47 PM Learn about SEC filing dates

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^*

Isom Robert D Jr

(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
X	Officer (give title below)		Other (specify below)
	CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/20/2026

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	09/20/2026		F		169,483(1)	D	$12.96	3,624,796	D
Common Stock	09/20/2026		F		165,716(1)	D	$12.96	3,459,080	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. Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units

	Michelle A.Earley, with Power of Attorney	09/21/2026
	** 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)