[144] Alaska Air Group, Inc. SEC Filing

Rhea-AI Filing Summary

Alaska Air Group submitted a Form 144 reporting a proposed sale of 5,000 common shares through Charles Schwab on the NYSE, with an aggregate market value of $285,315 and an approximate sale date of 08/13/2025. The filing lists 115,310,451 shares outstanding.

The filing shows the shares were acquired in February 2025 as equity compensation: 4,511 shares from a restricted stock lapse on 02/07/2025 and 489 shares from a performance stock lapse on 02/11/2025. It reports no securities sold in the past three months by the seller and includes the standard representation that the seller is unaware of undisclosed material adverse information.

Positive

• Public disclosure under Rule 144 provides transparency about the insider sale amount, broker, and acquisition details.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine insider sale of equity-awarded shares; disclosure meets Rule 144 transparency requirements and appears immaterial to company capitalization.

The Form 144 documents an intended sale of 5,000 shares acquired via equity awards earlier in February 2025. At an aggregate market value of $285,315 against 115,310,451 shares outstanding, the sale represents a de minimis percentage of outstanding stock. The filing indicates no other insider sales in the past three months and follows the required representation about material nonpublic information. From a governance standpoint, this is a standard compliance filing rather than a governance red flag.

Securities Analyst

TL;DR: Transaction is small relative to market capitalization; unlikely to affect valuation, but provides transparency on insider liquidity from equity compensation.

The notice shows the seller will use Charles Schwab to execute the sale on the NYSE and that all 5,000 shares derive from recent equity compensation events (restricted and performance stock lapses). Given the aggregate value of $285,315 versus 115,310,451 shares outstanding, the transaction is immaterial to outstanding share count and market supply. No prior three-month sales were reported, which limits signals of accelerated insider selling activity. Overall investor impact is likely neutral.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	5000	285315.00	115310451	08/13/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/07/2025	Restricted Stock Lapse	ALASKA AIR GROUP, INC			4511	02/07/2025	Equity Compensation
Common	02/11/2025	Performance Stock Lapse	ALASKA AIR GROUP, INC			489	02/11/2025	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Alaska Air (ALK) report in this Form 144?

The Form 144 notifies a proposed sale of 5,000 common shares via Charles Schwab on the NYSE, with an aggregate market value of $285,315.

When were the shares acquired that are to be sold?

The filing shows acquisition dates of 02/07/2025 (restricted stock lapse, 4,511 shares) and 02/11/2025 (performance stock lapse, 489 shares).

Does the filing show any other recent insider sales?

The Form 144 states "Nothing to Report" for securities sold during the past three months by the seller, indicating no reported recent sales in that window.

How large is the proposed sale relative to outstanding shares?

The filing lists 115,310,451 shares outstanding; the proposed 5,000-share sale represents a very small fraction of the outstanding shares.

What payment or consideration is listed for the shares acquired?

Both acquisition entries list Equity Compensation as the nature of payment for the restricted and performance stock lapses.