STOCK TITAN

Allegiant Travel CEO Surrenders Shares for Tax Withholding, No Market Sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Allegiant Travel Co. (ALGT) – SEC Form 4 filed 08/05/2025 details a routine equity-compensation settlement by President & CEO Gregory Clark Anderson. On 08/01/2025 he surrendered 1,813 common shares at $48.12 each (transaction code F) to the company to satisfy tax-withholding obligations stemming from previously granted restricted stock that vested. No open-market sale occurred and no derivative trades were reported. Following the withholding, Anderson’s direct ownership stands at 113,372 shares, a reduction of roughly 1.6% of his stake. No changes to his roles or additional transactions were disclosed.

Positive

  • None.

Negative

  • CEO’s direct share count falls by 1,813 shares, a modest 1.6% reduction, though driven by tax withholding rather than discretionary selling.

Insights

TL;DR: Minor tax-withholding share surrender; negligible impact on insider ownership or market perception.

The code F designation confirms the shares were forfeited to cover taxes rather than sold on the open market, so it carries little signaling value. The $87k implied value (1,813 × $48.12) equates to about 1.6% of Anderson’s direct position, leaving him with 113k shares—still a sizable economic interest. Because there is no sale pressure or change in commitment, the filing is operationally neutral for investors.

TL;DR: Routine compliance event; indicates ongoing adherence to Section 16 reporting.

This Form 4 reflects standard practice for executives settling payroll taxes via share withholding. Transparency appears adequate, with explanations provided and reporting completed within the two-business-day window. No red flags on control, alignment, or potential conflicts arise from this disclosure.

Insider Anderson Gregory Clark
Role President & CEO
Type Security Shares Price Value
Tax Withholding Common Stock 1,813 $48.12 $87K
Holdings After Transaction: Common Stock — 113,372 shares (Direct)
Footnotes (1)
  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 $48.12 per share to fund beneficial owner's required tax withholding.
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FAQ

How many Allegiant (ALGT) shares did the CEO forfeit?

Gregory Clark Anderson forfeited 1,813 common shares on 08/01/2025.

What price was used for the tax-withholding transaction?

The shares were valued at $48.12 per share for withholding purposes.

How many ALGT shares does the CEO own after the transaction?

Following the withholding, Anderson directly holds 113,372 shares of Allegiant Travel.

Was this an open-market sale of ALGT stock?

No. The Form 4 uses transaction code F, indicating shares were withheld by the company to cover taxes, not sold in the market.

Did the filing report any derivative security activity?

No derivative securities were acquired or disposed of in this Form 4.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Anderson Gregory Clark

(Last) (First) (Middle)
1201 NORTH TOWN CENTER DRIVE

(Street)
LAS VEGAS NV 89144

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Allegiant Travel CO [ ALGT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/01/2025 F 1,813(1) D $48.12(2) 113,372 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. Shares of restricted stock effectively repurchased by Company at $48.12 per share to fund beneficial owner's required tax withholding.
Robert B. Goldberg, under power of attorney 08/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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