Allegiant Travel (NASDAQ: ALGT) CAO surrenders shares to cover tax withholding
Rhea-AI Filing Summary
Allegiant Travel’s SVP and Chief Accounting Officer Rebecca Aretos satisfied tax withholding on vested restricted stock by returning 220 shares of common stock to the company at $105.09 per share. Following this tax-withholding disposition, she directly holds 10,668 Allegiant Travel shares.
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Insider Trade Summary
Net Seller: 220 shares
Net Sell
1 txn
Insider
Aretos Rebecca
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 220 | $105.09 | $23K |
Holdings After Transaction:
Common Stock — 10,668 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Shares of restricted stock effectively repurchased by Company at $105.09 per share to fund beneficial owner's required tax withholding.
Key Figures
Shares used for tax withholding: 220 shares
Tax withholding price: $105.09 per share
Post-transaction holdings: 10,668 shares
3 metrics
Shares used for tax withholding
220 shares
Common stock returned to Allegiant Travel on 2026-08-04 for tax withholding
Tax withholding price
$105.09 per share
Effective repurchase price per share used to fund tax obligations
Post-transaction holdings
10,668 shares
Direct Allegiant Travel common stock held by Rebecca Aretos after the transaction
Key Terms
restricted stock, tax withholding, effectively repurchased, 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.
effectively repurchased financial
"Shares of restricted stock effectively repurchased by Company at $105.09 per share"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Allegiant Travel (ALGT) report for Rebecca Aretos?
Rebecca Aretos, Allegiant Travel’s SVP and Chief Accounting Officer, used 220 shares of common stock to cover tax withholding on vested restricted stock, effectively returning the shares to the company at $105.09 per share.
Was the Allegiant Travel (ALGT) insider transaction an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were effectively repurchased by Allegiant Travel from Rebecca Aretos to fund her required tax withholding on vested restricted stock.
Was Rebecca Aretos’s Allegiant Travel (ALGT) transaction under a Rule 10b5-1 plan?
The filing does not characterize this tax-withholding transaction as being made under a Rule 10b5-1 trading plan. It is reported specifically as payment of tax liability by delivering or withholding securities.