Allegiant Travel (ALGT) COO awarded 6,812 restricted shares in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegiant Travel reported that SVP and Chief Operating Officer Hollingsworth Tyler Jay received a grant of 6,812 shares of common stock on February 6, 2026. The shares were granted at $0 per share as restricted stock that will vest over three years.
Following this award, Hollingsworth beneficially owned 20,509 shares of Allegiant Travel common stock in direct ownership. This filing reflects an equity-based compensation grant rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hollingsworth Tyler Jay
Role
SVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,812 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,509 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Allegiant Travel (ALGT) report for Hollingsworth Tyler Jay?
Allegiant Travel reported that SVP and Chief Operating Officer Hollingsworth Tyler Jay received a grant of 6,812 shares of common stock on February 6, 2026. The award is structured as restricted stock that vests over three years as part of equity compensation.
Was the Allegiant Travel (ALGT) insider transaction a purchase or a grant?
The transaction was a grant of restricted stock, not a market purchase. Hollingsworth Tyler Jay received 6,812 Allegiant Travel common shares at $0 per share, reflecting an equity compensation award with a three‑year vesting schedule rather than cash-funded buying.
What is the vesting schedule for the Allegiant Travel (ALGT) restricted stock grant?
The filing states that the 6,812-share award is a grant of restricted stock with vesting over three years. This means the executive’s ownership rights in these Allegiant Travel shares will become fully effective gradually during that three‑year vesting period.
Was any price paid for the Allegiant Travel (ALGT) restricted stock reported in this Form 4?
No cash price was paid for the award; the transaction price is listed as $0 per share. The 6,812 Allegiant Travel common shares were granted as restricted stock compensation, subject to a three‑year vesting schedule rather than a purchase on the open market.