Alaska Air COO reports RSU vesting and share withholding

Alaska Air Group EVP and COO Jason M. Berry reported equity compensation activity involving company stock.

Rhea-AI Filing Summary

Alaska Air Group EVP and COO Jason M. Berry reported equity compensation activity involving company stock. On February 11, 2026, 3,096 restricted stock units converted into the same number of shares of Alaska Air Group common stock at an exercise price of $0.

To cover tax withholding from this RSU vesting, 754 shares of common stock were withheld at $57.50 per share in an exempt transaction with the company. After these transactions, Berry directly held 9,677 shares of common stock and 6,194 restricted stock units, each RSU representing a contingent right to receive one share of common stock.

Insider Trade Summary

3,096 shares exercised/converted

Exercise 3 txns

Insider Berry Jason M

Role EVP Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	RESTRICTED STOCK UNITS	3,096	$0.00	$0.00
Exercise	COMMON STOCK	3,096	$0.00	$0.00
Exercise Price or Tax Liability	COMMON STOCK	754	$57.50	$43K

Holdings After Transaction: RESTRICTED STOCK UNITS — 6,194 contracts (Direct); COMMON STOCK — 9,677 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
2. F2. The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person.
3. F3. The RSUs vesting were from a grant of 9,290 shares awarded on February 11, 2025, that vests in 1/3 increments over three years (2/11/2026, 2/11/2027, and 2/11/2028).

FAQ

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What insider transaction did Alaska Air Group (ALK) EVP COO Jason Berry report?

Jason Berry reported the vesting and conversion of 3,096 restricted stock units into Alaska Air Group common shares. Part of the resulting shares was withheld to satisfy tax obligations linked to the RSU vesting, as disclosed in the Form 4 filing.

How many Alaska Air Group (ALK) shares did Jason Berry acquire from RSU vesting?

Jason Berry acquired 3,096 shares of Alaska Air Group common stock through the exercise and vesting of restricted stock units. Each RSU converted into one share, reflecting previously granted equity compensation that vested according to the company’s long-term incentive schedule.

Why were some Alaska Air Group (ALK) shares withheld in Jason Berry’s Form 4?

A total of 754 Alaska Air Group shares were withheld to satisfy tax withholding obligations from the RSU vesting. This tax-withholding disposition was made to the issuer and is treated as an exempt transaction under Rule 16b-3(e) for reporting purposes.

How many Alaska Air Group (ALK) shares does Jason Berry own after these transactions?

Following the reported transactions, Jason Berry directly holds 9,677 shares of Alaska Air Group common stock. In addition, he beneficially owns 6,194 restricted stock units, each representing a contingent right to receive one additional share in the future.

What are the key terms of Jason Berry’s Alaska Air Group (ALK) RSU grant?

The RSUs that vested come from a 9,290-share grant awarded on February 11, 2025. This award vests in three equal annual installments on February 11 of 2026, 2027, and 2028, aligning Berry’s compensation with longer-term company performance.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/13/2026 - 06:13 PM Learn about SEC filing dates

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^*

Berry Jason M

(Last) (First) (Middle)

ALASKA AIR GROUP, INC.

19300 INTERNATIONAL BLVD.

(Street)

SEATTLE WA 98188

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALASKA AIR GROUP, INC. [ ALK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

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	02/11/2026		M		3,096	A	$0(1)	10,431	D
COMMON STOCK	02/11/2026		F		754(2)	D	$57.5	9,677	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
RESTRICTED STOCK UNITS	$0(1)	02/11/2026		M			3,096	(3)	(3)	COMMON STOCK	3,096	$0	6,194	D

Explanation of Responses:

1. Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.

2. The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person.

3. The RSUs vesting were from a grant of 9,290 shares awarded on February 11, 2025, that vests in 1/3 increments over three years (2/11/2026, 2/11/2027, and 2/11/2028).

Remarks:

	/s/ Howard Kuppler, by power of attorney	02/13/2026
	** 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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