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[Form 4] Allegiant Travel CO Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Wells Drew Allen, Senior Vice President and Chief Commercial Officer of Allegiant Travel Co. (ALGT), reported a disposition related to vested restricted stock. On 09/23/2025 the filing shows 726 shares were surrendered to the company and effectively repurchased at $61.98 per share to satisfy tax-withholding obligations tied to restricted stock vesting. After the withholding repurchase, Mr. Allen beneficially owned 25,664 shares, held directly. The Form 4 was signed under power of attorney and filed on 09/25/2025.

Positive
  • Transparent disclosure of restricted stock vesting and tax-withholding repurchase
  • Timely filing with signature executed under power of attorney
  • Reporting person retains meaningful ownership with 25,664 shares held directly
Negative
  • None.

Insights

TL;DR: Routine insider withholding sale tied to restricted stock vesting; not an active market sell signal.

This Form 4 documents a non-discretionary disposition where 726 vested restricted shares were returned to Allegiant at $61.98 per share to cover tax withholding. Such transactions are administrative and occur when companies retake shares to satisfy tax liabilities, rather than open-market sales for liquidity or portfolio rebalancing. The reporting person remains a significant direct holder with 25,664 shares, so the transaction is immaterial to ownership stake and unlikely to change investor perception absent further insider activity.

TL;DR: Administrative repurchase for tax withholding; standard post-vesting housekeeping.

The filing indicates restricted stock vested and the company repurchased a portion at a specified price to fulfill the officer's tax obligations. The use of a repurchase (code F) for withholding is common and disclosed appropriately. No indication of voluntary market sale or change in officer role is present. Documentation was executed under power of attorney and timely filed, reflecting compliant insider reporting practices.

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).
1. Name and Address of Reporting Person*
Wells Drew Allen

(Last) (First) (Middle)
1201 N. TOWN CENTER DRIVE

(Street)
LAS VEGAS NV 89144

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Allegiant Travel CO [ ALGT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/23/2025 F 726(1) D $61.98(2) 25,664 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. 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.
2. Shares of restricted stock effectively repurchased by Company at $61.98 per share to fund beneficial owner's required tax withholding
Robert B. Goldberg, under power of attorney 09/25/2025
** 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.

FAQ

What transaction did ALGT insider Wells Drew Allen report on Form 4?

The Form 4 reports that 726 vested restricted shares were surrendered and effectively repurchased by Allegiant at $61.98 per share to satisfy tax withholding.

When did the reported transaction occur and when was the Form 4 filed?

The transaction date is 09/23/2025 and the Form 4 was signed and filed on 09/25/2025.

How many Allegiant (ALGT) shares does the reporting person own after the transaction?

After the withholding repurchase, the reporting person beneficially owned 25,664 shares, held directly.

Was this an open-market sale or a tax-withholding repurchase?

This was an administrative repurchase by the company to cover tax withholding on vested restricted stock, not an open-market sale.

What was the price used for the repurchase?

The company repurchased the shares at $61.98 per share as disclosed in the Form 4.
Allegiant Travel Co

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1.13B
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Airlines
Air Transportation, Scheduled
Link
United States
LAS VEGAS