STOCK TITAN

Allegiant Travel President reports routine tax-withholding share disposition

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

Rhea-AI Filing Summary

Allegiant Travel Co. (ALGT) – Form 4 insider filing: President of Sunseeker Resorts, Micah John Richins, reported a transaction dated 08/04/2025. The filing shows a Code “F” disposition, meaning shares were surrendered to the company solely to cover taxes on vested restricted stock.

  • Shares involved: 343 common shares.
  • Effective price: $48.59 per share (company’s withholding rate).
  • Total value: ≈ $16.7 thousand.
  • Post-transaction holding: 21,749 common shares held directly.

No derivative securities were reported. The explanatory footnotes clarify that the stock was not an open-market sale; the company “repurchased” the shares to satisfy withholding obligations as the restricted stock vested.

Materiality: The number of shares represents roughly 1.6 % of the insider’s direct holdings and is immaterial to Allegiant’s float, suggesting limited market impact.

Positive

  • Transparent, timely filing within the two-day Section 16 window demonstrates ongoing compliance.
  • Insider retains a sizeable stake (21,749 shares), maintaining alignment with shareholders.

Negative

  • Net reduction of insider ownership by 343 shares, though minor and tax-related.

Insights

TL;DR: Small tax-related share surrender; no signal on fundamentals.

The Form 4 shows an administrative disposition, typical at vesting. Because the insider still owns 21.7 k shares, the action does not indicate bearish sentiment. The $48.59 reference price reveals the fair-value basis used for withholding, not a negotiated sale. For investors, the filing is routine and non-dilutive since the shares are returned to treasury. Given ALGT’s ~18 m share count, the 343-share reduction is immaterial to EPS or float.

TL;DR: Standard Rule 16 filing; compliant and non-impactful.

The company continues to follow Section 16 disclosure rules precisely, filing within two business days. Code “F” transactions are generally neutral because they arise from pre-set equity compensation terms. No red flags on timing, volume, or pattern. Continual transparency supports good governance, but the event itself carries negligible strategic weight.

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*
Richins Micah John

(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)
President, Sunseeker Resorts
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 343(1) D $48.59(2) 21,749 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.
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.

FAQ

How many Allegiant Travel (ALGT) shares did Micah Richins dispose of?

The Form 4 reports a disposition of 343 common shares.

Was the ALGT insider sale an open-market transaction?

No. It was a Code “F” tax-withholding surrender of shares back to the company.

What price was applied to the surrendered ALGT shares?

The shares were valued at $48.59 each for withholding purposes.

How many ALGT shares does the insider hold after the transaction?

Micah John Richins now directly owns 21,749 shares.

Does this Form 4 filing impact Allegiant Travel’s share count?

No material impact; the 343 shares are returned to treasury and are immaterial to the ~18 million total shares outstanding.
Allegiant Travel Co

NASDAQ:ALGT

ALGT Rankings

ALGT Latest News

ALGT Latest SEC Filings

ALGT Stock Data

1.65B
14.33M
21.72%
96.67%
10.34%
Airlines
Air Transportation, Scheduled
Link
United States
LAS VEGAS