Allegiant Travel (ALGT) COO withholds 195 shares for taxes
Rhea-AI Filing Summary
Allegiant Travel executive Tyler Jay Hollingsworth, SVP and Chief Operating Officer, reported a tax-withholding disposition of 195 shares of common stock on 2026-08-04. The shares, from vested restricted stock, were effectively repurchased by the company at $105.09 per share to fund his tax obligations.
After this withholding transaction, Hollingsworth directly owns 20,096 Allegiant Travel common shares. The Rule 10b5-1 trading plan checkbox for this transaction was not marked as being pursuant to such a plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 195 shares
Net Sell
1 txn
Insider
Hollingsworth Tyler Jay
Role
SVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 195 | $105.09 | $20K |
Holdings After Transaction:
Common Stock — 20,096 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 withheld for taxes: 195 shares
Effective repurchase price: $105.09 per share
Shares owned after transaction: 20,096 shares
3 metrics
Shares withheld for taxes
195 shares
Common stock returned to the company for tax withholding on vested restricted stock
Effective repurchase price
$105.09 per share
Price at which Allegiant Travel effectively repurchased 195 shares for tax withholding
Shares owned after transaction
20,096 shares
Direct Allegiant Travel common stock holdings of Tyler Jay Hollingsworth following the withholding
Key Terms
restricted stock, tax withholding, beneficial owner, repurchased
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.
beneficial owner regulatory
"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.
repurchased financial
"Shares of restricted stock effectively repurchased by Company at $105.09 per share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Allegiant Travel (ALGT) report for COO Tyler Jay Hollingsworth?
Allegiant Travel reported that COO Tyler Jay Hollingsworth had 195 shares of common stock withheld on 2026-08-04 to satisfy tax obligations on vested restricted stock, with the company effectively repurchasing those shares at $105.09 per share.
Was the Allegiant Travel (ALGT) COO’s Form 4 transaction a market sale or tax withholding?
The transaction was a tax-withholding disposition, not an open-market sale. Shares from vested restricted stock were returned to Allegiant Travel, which effectively repurchased 195 shares at $105.09 per share to fund the COO’s required tax withholding.
Was the Allegiant Travel (ALGT) COO’s Form 4 transaction under a Rule 10b5-1 plan?
The filing indicates the transaction was not made under a Rule 10b5-1 trading plan, as the corresponding checkbox was left unchecked. The disposition reflects tax withholding on vested restricted stock rather than trades executed under a pre-arranged plan.