Allegiant (ALGT) CEO uses 4,832 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegiant Travel Co CEO Gregory Clark Anderson reported a routine tax-related share disposition. On April 1, 2026, 4,832 shares of common stock were returned to the company at $83.12 per share to cover tax withholding on vested restricted stock. After this transaction, he directly held 105,655 shares of Allegiant Travel common stock. This was a tax-withholding disposition, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Gregory Clark
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,832 | $83.12 | $402K |
Holdings After Transaction:
Common Stock — 105,655 shares (Direct)
Footnotes (1)
- Beneficial owner granted shares of restricted stock with vesting over time. Upon vesting, beneficial owner returned to Company a portion of the vested shares for tax withholding purposes. Shares of restricted stock effectively repurchased by Company at $83.12 per share to fund beneficial owner's required tax withholding.
Key Figures
Tax-withholding shares: 4,832 shares
Effective share price: $83.12 per share
Shares held after transaction: 105,655 shares
3 metrics
Tax-withholding shares
4,832 shares
Common stock returned for tax withholding on 2026-04-01
Effective share price
$83.12 per share
Price at which restricted shares were effectively repurchased
Shares held after transaction
105,655 shares
CEO Gregory Clark Anderson’s direct holdings after disposition
Key Terms
restricted stock, tax withholding, Form 4, beneficial owner
4 terms
restricted stock financial
"Beneficial owner granted shares of restricted stock with vesting over time."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding financial
"returned to Company a portion of the vested shares for tax withholding purposes."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Form 4 regulatory
"INSIDER FILING DATA (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.
beneficial owner financial
"Beneficial owner granted shares of restricted stock with vesting over time."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
FAQ
Was the Allegiant Travel (ALGT) CEO’s Form 4 transaction an open-market stock sale?
No, the Form 4 transaction was a tax-withholding disposition, not an open-market sale. 4,832 shares of restricted stock were effectively repurchased by Allegiant Travel at $83.12 per share to fund CEO Gregory Clark Anderson’s required tax withholding obligations on vested restricted stock.