Allegiant (ALGT) EVP withheld 355 shares at $65.91 for taxes
Allegiant Travel Co (ALGT) executive vice president reported a routine insider transaction.
Rhea-AI Filing Summary
Allegiant Travel Co (ALGT) executive vice president reported a routine insider transaction. On 10/20/2025, 355 common shares were withheld under transaction code F at $65.91 per share to cover taxes tied to vested restricted stock. After this withholding, the officer directly holds 25,309 shares.
The filing explains the shares were effectively repurchased by the company to fund required tax withholding upon RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 355 shares
Exercise Price or Tax Liability
1 txn
Insider
Wells Drew Allen
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | common stock | 355 | $65.91 | $23K |
Holdings After Transaction:
common stock — 25,309 shares (Direct)
Footnotes (2)
- F1. Beneficial owner was granted restricted stock which vests over time. Upon vesting, the beneficial owner returned to the Company a portion of the vested shares for tax withholding purposes.
- F2. Shares of restricted stock effectively repurchased by the Company at $65.91 per share to fund beneficial owner's required tax withholding.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Allegiant (ALGT) disclose in this Form 4?
An EVP had 355 shares withheld at $65.91 on 10/20/2025 to cover taxes from vested restricted stock.
What does transaction code F mean for ALGT?
Code F indicates shares were withheld to satisfy tax obligations upon equity award vesting.
Is this an open-market sale by the ALGT executive?
No. It reflects tax withholding on vesting, not a discretionary open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.