Allegiant Travel (NASDAQ: ALGT) director receives 1,000-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kennedy Thomas C reported acquisition or exercise transactions in this Form 4 filing.
Allegiant Travel Co director Thomas C. Kennedy received a grant of 1,000 shares of common stock as restricted stock. The award was made at no cash purchase price and will vest on May 13, 2027. After this grant, he directly holds 6,894 Allegiant Travel Co shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kennedy Thomas C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,894 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,000 shares
Post-transaction holdings: 6,894 shares
Grant vesting date: May 13, 2027
+1 more
4 metrics
Restricted stock grant
1,000 shares
Common Stock award to director Thomas C. Kennedy
Post-transaction holdings
6,894 shares
Directly held common shares after the grant
Grant vesting date
May 13, 2027
Vesting of restricted stock grant
Transaction code
A
Grant, award, or other acquisition
Key Terms
restricted stock, transaction code A, Form 4, non-derivative
4 terms
restricted stock financial
"Grant of restricted stock with vesting on May 13, 2027"
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.
transaction code A financial
"transaction_code_description": "Grant, award, or other acquisition"
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.
non-derivative financial
"transaction_type": "non-derivative"
FAQ
What insider transaction did Allegiant Travel Co (ALGT) report for Thomas C. Kennedy?
Allegiant Travel Co reported that director Thomas C. Kennedy received a grant of 1,000 shares of common stock as restricted stock. This was classified as a grant or award acquisition, increasing his directly held position to 6,894 shares after the transaction.
Was the Allegiant Travel Co (ALGT) Form 4 transaction a purchase or a grant?
The Form 4 shows a grant, not an open market purchase. Thomas C. Kennedy acquired 1,000 Allegiant Travel Co common shares through a restricted stock award, recorded with transaction code A for grant, award, or other acquisition, at a stated price of zero per share.
Does the Allegiant Travel Co (ALGT) Form 4 show any insider sales by Thomas C. Kennedy?
No insider sales are reported in this Form 4. The filing shows only an acquisition via a restricted stock grant of 1,000 shares, with no sell transactions, tax-withholding dispositions, gifts, or derivative exercises disclosed for the reported date.