Allegiant Travel (NASDAQ: ALGT) executive chair logs multiple February stock sales
Rhea-AI Filing Summary
Allegiant Travel’s executive chairman, director, and 10% owner Maurice J. Gallagher Jr. reported multiple open-market sales of common stock. Between February 6 and February 10, 2026, he sold shares at prices ranging from about $113.52 to $116.19 per share. After these transactions, he held 1,887,348 Allegiant Travel shares directly. Additional sales on February 9–10 were made by an LLC controlled by Gallagher, leaving 150,000 shares held indirectly through that LLC.
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Insights
Large Allegiant insider reports multi-day stock sales around $114.
Maurice J. Gallagher Jr., executive chairman, director, and 10% owner of Allegiant Travel, disclosed several open-market sales of common stock. The reported trades on February 6, 9, and 10, 2026 were executed at prices between about $113.52 and $116.19 per share.
Following these sales, Gallagher beneficially owned 1,887,348 shares directly. Separate transactions were attributed to an LLC controlled by Gallagher, which continued to hold 150,000 shares indirectly after the reported activity. This maintains a substantial ongoing equity stake.
The filing characterizes all listed trades with transaction code “S,” indicating sales. Some are reported as direct ownership and others as indirect through the LLC. Future company filings may provide additional context on Gallagher’s overall ownership levels and any further activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,757 | $113.519 | $2.13M |
| Sale | Common Stock | 861 | $114.00 | $98K |
| Sale | Common Stock | 56,243 | $114.8134 | $6.46M |
| Sale | Common Stock | 25,000 | $116.1862 | $2.90M |
| Sale | Common Stock | 24,139 | $114.7865 | $2.77M |
| Sale | Common Stock | 100,000 | $113.67 | $11.37M |
| Sale | Common Stock | 75,000 | $114.9852 | $8.62M |
Footnotes (1)
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FAQ
What insider activity did Allegiant Travel (ALGT) disclose in this Form 4?
The Form 4 shows Maurice J. Gallagher Jr., Allegiant Travel’s executive chairman and 10% owner, selling common stock in several open-market trades. The transactions occurred on February 6, 9, and 10, 2026 at prices around $113–$116 per share.
What roles does Maurice J. Gallagher Jr. hold at Allegiant Travel (ALGT)?
Maurice J. Gallagher Jr. is identified as a director, executive chairman, and a 10% owner of Allegiant Travel. These roles are indicated in the relationship section of the insider report alongside the detailed share transaction table.
Are the Allegiant Travel (ALGT) insider transactions direct or indirect holdings?
The Form 4 distinguishes between direct (D) and indirect (I) ownership. Gallagher reports large blocks of Allegiant Travel shares held directly, plus additional shares held indirectly through an LLC he controls, as described in the footnote.