Allegiant Travel SVP withholds 260 shares for taxes; no open-market sale

Rhea-AI Filing Summary

Allegiant Travel Co. (ALGT) – Form 4 filing dated 08/05/2025. SVP & Chief Commercial Officer Drew Allen Wells reported a Code “F” disposition of 260 common shares on 08/04/2025, at an effective price of $48.59 per share. The transaction represents shares automatically withheld by the company to cover taxes due on recently-vested restricted stock units; it is not an open-market sale. After the withholding, Wells’ direct ownership stands at 26,390 common shares.

The filing clarifies that the executive had earlier acquired 314 ESPP shares on 04/30/2025, exempt from prior reporting under Rule 16b-3(c). No new derivative positions were opened or closed, and the remainder of Wells’ equity stake remains unchanged. Given the small size of the withheld shares (<1% of the insider’s holdings) and the administrative nature of the transaction, the event is viewed as routine and immaterial for investors.

Insights

Equity Research Analyst

TL;DR: Routine tax-withholding; negligible impact on ALGT share supply or insider sentiment.

This Form 4 records a standard share withholding to satisfy payroll taxes triggered by restricted-stock vesting. Only 260 shares—worth roughly $13k—left the insider's account, lowering his stake to 26.4k shares. No open-market selling pressure or negative signaling is implied. The executive still holds a meaningful position, aligning incentives with shareholders. Therefore, the filing is administrative and carries no material valuation impact.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wells Drew Allen

Role SVP, Chief Commercial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	260	$48.59	$13K

Holdings After Transaction: Common Stock — 26,390 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 $48.59 per share to fund beneficial owner's required tax withholding. Includes 314 shares of restricted stock acquired on April 30,2025 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 08/05/2025 - 06:01 PM Learn about SEC filing dates

FAQ

What did Allegiant Travel's Form 4 filed on 08/05/2025 disclose?

It showed SVP Drew Allen Wells had 260 shares withheld at $48.59 to cover taxes on vested RSUs.

How many Allegiant Travel (ALGT) shares does Wells own after the transaction?

Wells now directly owns 26,390 common shares.

Was the 260-share disposition an open-market sale?

No. It was a Code “F” tax-withholding transaction, not an open-market sale.

Did the Form 4 report any new derivative securities for ALGT?

No derivative securities were acquired or disposed of in this filing.

Is this Form 4 likely to impact Allegiant Travel's stock price?

Given the small size and routine nature, the filing is not expected to impact the stock materially.

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^*

Wells Drew Allen

(Last) (First) (Middle)

1201 N. 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

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	08/04/2025		F		260(1)	D	$48.59(2)	26,390(3)	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 $48.59 per share to fund beneficial owner's required tax withholding.

3. Includes 314 shares of restricted stock acquired on April 30,2025 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.

	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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.