Allegiant Travel (ALGT) CEO awarded 20,026 restricted stock shares in Form 4
Rhea-AI Filing Summary
Anderson Gregory Clark reported acquisition or exercise transactions in this Form 4 filing.
Allegiant Travel CO director and CEO Gregory Clark Anderson received a grant of 20,026 shares of Common Stock as restricted stock. The shares were granted at no cash purchase price and are scheduled to vest in one year. Following this award, his direct holdings total 125,681 shares of Allegiant Travel common stock. This is a compensation-related equity grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Gregory Clark
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,026 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 125,681 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 20,026 shares
Grant price per share: $0.0000 per share
Holdings after transaction: 125,681 shares
+1 more
4 metrics
Restricted stock grant
20,026 shares
Grant of Common Stock to CEO as restricted stock
Grant price per share
$0.0000 per share
Reported transaction price for restricted stock grant
Holdings after transaction
125,681 shares
CEO’s direct Allegiant Travel common stock holdings after grant
Vesting period
One year
Restricted stock scheduled to vest in one year
Key Terms
restricted stock, vesting, Grant, award, or other acquisition
3 terms
restricted stock financial
"Grant of restricted stock with vesting in one year."
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.
vesting financial
"Grant of restricted stock with vesting in one year."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Allegiant Travel (ALGT) report for Gregory Clark Anderson?
Allegiant Travel reported that CEO and director Gregory Clark Anderson received a grant of 20,026 shares of Common Stock as restricted stock. The award is compensation-related rather than an open‑market trade, and it increases his direct equity stake in the company.
What are Gregory Clark Anderson’s total Allegiant Travel (ALGT) holdings after this grant?
After the reported restricted stock grant, Gregory Clark Anderson directly holds 125,681 shares of Allegiant Travel common stock. This total reflects his position immediately following the award and provides context for the relative size of the new equity grant.
Was the Allegiant Travel (ALGT) CEO’s Form 4 transaction a market buy or sell?
The Form 4 shows a grant, not a market buy or sell. The transaction is coded as an acquisition from a grant or award, with 20,026 restricted shares received at a reported price of 0.0000 per share, indicating equity compensation rather than trading activity.