Alaska Air Group (ALK) CFO sells 10,000 shares around $55 average

Rhea-AI Filing Summary

Alaska Air Group EVP and CFO Shane R. Tackett reported selling 10,000 shares of Alaska Air Group common stock on February 5, 2026. The shares were sold at a weighted average price of $55.0007, through multiple trades between $55.00 and $55.04 per share. After this transaction, Tackett beneficially owned 33,530 shares, which includes 195 shares acquired through the company’s Employee Stock Purchase Plan on October 31, 2025.

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

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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^*

TACKETT SHANE R

(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 AND CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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	02/05/2026		S		10,000	D	$55.0007	33,530(1)(2)	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. The price reported in column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $55.00 to $55.04, inclusive. The reporting person undertakes to provide to Alaska Air Group, Inc., any security holder of Alaska Air Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

2. Includes 195 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan on October 31, 2025, in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).

Remarks:

	/s/ Howard Kuppler, by power of attorney	02/06/2026
	** 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.
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

What insider transaction did Alaska Air Group (ALK) disclose for February 5, 2026?

Alaska Air Group (ALK) disclosed that EVP and CFO Shane R. Tackett sold 10,000 shares of common stock on February 5, 2026 at a weighted average price of $55.0007 per share, executed through multiple trades within a narrow price range.

At what price did the Alaska Air Group (ALK) CFO sell his 10,000 shares?

The EVP and CFO of Alaska Air Group (ALK) sold 10,000 shares at a weighted average price of $55.0007 per share. The individual trades occurred in a tight band, with sale prices ranging from $55.00 to $55.04, according to the Form 4 disclosure footnote.

How many Alaska Air Group (ALK) shares does the CFO hold after the reported sale?

After the sale, Alaska Air Group (ALK) EVP and CFO Shane R. Tackett beneficially owned 33,530 shares of common stock. This total includes 195 shares acquired under the company’s Employee Stock Purchase Plan on October 31, 2025, as described in the Form 4 footnotes.

What role does Shane R. Tackett hold at Alaska Air Group (ALK) in this Form 4 filing?

In this Form 4, Shane R. Tackett is identified as an officer of Alaska Air Group (ALK), serving as Executive Vice President (EVP) and Chief Financial Officer (CFO). He is not listed as a director or 10% owner, and the filing is made by one reporting person.

What does the Form 4 say about Alaska Air Group (ALK) ESPP shares held by the CFO?

The Form 4 notes that Shane R. Tackett’s holdings include 195 shares acquired under Alaska Air Group’s Employee Stock Purchase Plan on October 31, 2025. These ESPP acquisitions were reported as exempt under Rule 16b-3(c) and Rule 16b-3(d) in the filing’s explanatory footnote.

Were the Alaska Air Group (ALK) CFO’s share sales made in a single trade or multiple trades?

The Form 4 explains that the 10,000 shares sold by Alaska Air Group’s CFO were executed in multiple transactions. The sales occurred at prices ranging from $55.00 to $55.04, and the reported $55.0007 figure represents the weighted average sale price across those trades.