Allegiant Travel (NASDAQ: ALGT) EVP receives 9,760-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegiant Travel EVP and Chief Commercial Officer Wells Drew Allen received a grant of 9,760 shares of common stock on February 6, 2026. The award is restricted stock that vests over three years. Following this grant, he directly beneficially owns 35,383 Allegiant Travel common shares, which includes 314 restricted shares previously acquired under the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wells Drew Allen
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,760 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,383 shares (Direct)
Footnotes (1)
- Grant of restricted stock with vesting over three years. Includes 314 shares of restricted stock acquired on October 31, 2025 by beneficial owner pursuant to issuer's employee stock purchase plan, which acquisition is exempt under Rule 16-b-3(c) and therefore was not reported at the time of the acquisition.
FAQ
What insider transaction did Allegiant Travel (ALGT) report for Wells Drew Allen?
Allegiant Travel reported that EVP and Chief Commercial Officer Wells Drew Allen received a grant of 9,760 shares of restricted common stock on February 6, 2026. This was an equity compensation award, not an open-market purchase, and was priced at $0 per share under the plan.
What are the vesting terms of the Allegiant Travel restricted stock granted to Wells Drew Allen?
The 9,760 Allegiant Travel restricted shares granted to Wells Drew Allen vest over three years. This means the award becomes fully owned in stages across that period, aligning his compensation with longer-term company performance rather than providing immediate unrestricted stock.
Was the Allegiant Travel (ALGT) stock grant to Wells Drew Allen an open-market transaction?
No, the 9,760-share transaction was a grant of restricted stock at $0 per share, not an open-market buy or sale. It represents equity compensation awarded by Allegiant Travel, with shares subject to a three-year vesting schedule rather than immediate trading.
What role does Wells Drew Allen hold at Allegiant Travel (ALGT) according to the Form 4?
Wells Drew Allen is identified as an officer of Allegiant Travel, serving as Executive Vice President and Chief Commercial Officer. The reported Form 4 reflects equity compensation tied to this leadership role, aligning his incentives with company performance through restricted stock that vests over time.