Executive at Allegiant (NASDAQ: ALGT) receives 1,822-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aretos Rebecca reported acquisition or exercise transactions in this Form 4 filing.
Allegiant Travel CO senior vice president and chief accounting officer Rebecca Aretos reported receiving a grant of 1,822 shares of common stock. The award was made at no cash purchase price and consists of restricted stock that will vest over three years. Following this grant, her directly held common stock ownership increased to 10,888 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aretos Rebecca
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,822 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,888 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Allegiant Travel CO (ALGT) report for Rebecca Aretos?
Allegiant Travel CO reported that executive Rebecca Aretos received a grant of 1,822 shares of common stock. These shares are in the form of restricted stock and were awarded at no cash purchase price, increasing her directly held ownership to 10,888 shares.
Was the Allegiant Travel CO (ALGT) insider transaction a purchase or a grant?
The transaction was a grant of restricted stock, not an open-market purchase. Form 4 data describes it as a grant, award, or other acquisition, with 1,822 common shares awarded to executive Rebecca Aretos at a reported price of $0.00 per share.
What are the vesting terms of the Allegiant Travel CO (ALGT) restricted stock grant?
The 1,822-share restricted stock grant to Rebecca Aretos vests over three years. This means the awarded common stock becomes fully owned in stages across that period, as disclosed in the Form 4 footnote describing the multi-year vesting schedule applicable to this executive equity award.
What Form 4 transaction code was used in the Allegiant Travel CO (ALGT) filing?
The Form 4 uses transaction code “A,” which indicates a grant, award, or other acquisition. For this Allegiant Travel CO filing, it records the issuance of 1,822 restricted common shares to executive Rebecca Aretos rather than an open-market buy or sell transaction.