Allegiant Travel (ALGT) director Bricker gets restricted stock, uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegiant Travel CO director Jude Bricker reported routine equity compensation activity. He received a grant of 1,000 shares of restricted common stock that will vest on May 13, 2027. This award increases his equity stake and is part of his compensation.
On the same date, 40,437 shares of common stock were effectively repurchased by the company at $75.21 per share to satisfy Bricker’s tax withholding obligations on vested restricted stock, according to the footnotes. This was not an open-market sale. After these transactions, he directly holds 51,606 shares of Allegiant Travel common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bricker Jude
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 40,437 | $75.21 | $3.04M |
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,606 shares (Direct, null)
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 $75.21 per share to fund beneficial owner's required tax withholding. Grant of restricted stock with vesting on May 13, 2027.
Key Figures
Restricted stock grant: 1,000 shares
Tax withholding shares: 40,437 shares
Effective repurchase price: $75.21 per share
+1 more
4 metrics
Restricted stock grant
1,000 shares
Grant of common stock to director on May 13, 2026
Tax withholding shares
40,437 shares
Shares used to satisfy tax withholding obligations
Effective repurchase price
$75.21 per share
Price for shares repurchased by company for taxes
Shares held after transactions
51,606 shares
Director’s direct common stock holdings after Form 4 events
Key Terms
restricted stock, tax withholding, beneficial owner
3 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.
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
What insider transactions did Allegiant Travel (ALGT) director Jude Bricker report?
Jude Bricker reported two transactions in Allegiant Travel common stock. He received 1,000 restricted shares as compensation and had 40,437 shares withheld and effectively repurchased by the company to cover tax obligations on vested restricted stock.
Was the Allegiant Travel (ALGT) Form 4 a stock purchase or sale by Jude Bricker?
The Form 4 shows a grant of 1,000 restricted shares and a tax-withholding disposition of 40,437 shares. The withheld shares were effectively repurchased by the company to pay taxes, not sold by Bricker in the open market.
What are the terms of Jude Bricker’s new Allegiant Travel (ALGT) restricted stock grant?
Bricker received 1,000 shares of Allegiant Travel restricted common stock that vest over time. A footnote specifies this particular grant vests on May 13, 2027, indicating the award is designed as a long-term equity compensation incentive.