STOCK TITAN

Alaska Air (ALK) CFO Tackett granted 4,100 RSUs and holds over 46K shares

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

Rhea-AI Filing Summary

Alaska Air Group reported an equity compensation grant to Pres. of Ops Sub & CFO Shane R. Tackett. He received 4,100 restricted stock units (RSUs), each representing a contingent right to one share of ALK common stock. The RSUs vest in three annual installments: 1,366 shares on June 29, 2027, 1,367 shares on June 29, 2028, and 1,367 shares on June 29, 2029.

After these transactions, Tackett holds 43,555 shares of common stock directly and 2,806 shares indirectly through the Alaska Air Group Employee Stock Ownership 401(k) Plan Trust, as of June 29, 2026. Footnotes note that his holdings include 178 shares acquired earlier under the company’s Employee Stock Purchase Plan in exempt transactions.

Positive

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Insider TACKETT SHANE R
Role Pres. of Ops Sub & CFO
Type Security Shares Price Value
Grant/Award RESTRICTED STOCK UNITS 4,100 $0.00 --
holding COMMON STOCK -- -- --
holding COMMON STOCK -- -- --
Holdings After Transaction: RESTRICTED STOCK UNITS — 4,100 shares (Direct, null); COMMON STOCK — 43,555 shares (Direct, null); COMMON STOCK — 2,806 shares (Indirect, ESOP TRUST)
Footnotes (1)
  1. Includes 178 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan on April 30, 2026, in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d). Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 6/29/2026. Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock. The RSUs vest in three annual installments as follows: 1,366 shares on June 29, 2027; 1,367 shares on June 29, 2028; and 1,367 shares on June 29, 2029.
RSU grant size 4,100 RSUs Grant to Pres. of Ops Sub & CFO on June 29, 2026
RSU vesting 2027 1,366 shares RSUs vest on June 29, 2027
RSU vesting 2028 1,367 shares RSUs vest on June 29, 2028
RSU vesting 2029 1,367 shares RSUs vest on June 29, 2029
Direct common shares 43,555 shares Common stock directly held after transactions, as of June 29, 2026
Indirect ESOP shares 2,806 shares Held in Employee Stock Ownership 401(k) Plan Trust as of June 29, 2026
ESPP shares included 178 shares Acquired under Employee Stock Purchase Plan on April 30, 2026
Restricted Stock Units financial
"Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Includes 178 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan on April 30, 2026..."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Employee Stock Ownership 401(K) Plan Trust financial
"Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 6/29/2026."
Rule 16b-3(c) regulatory
"in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Rule 16b-3(d) regulatory
"in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
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SEC Form 4
FORM 4UNITED 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*
TACKETT SHANE R

(Last)(First)(Middle)
ALASKA AIR GROUP, INC.
19300 INTERNATIONAL BLVD

(Street)
SEATTLE WASHINGTON 98188

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ALASKA AIR GROUP, INC. [ ALK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres. of Ops Sub & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON STOCK43,555(1)D
COMMON STOCK2,806IESOP TRUST(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
RESTRICTED STOCK UNITS(3)06/29/2026A4,100 (4) (4)COMMON STOCK4,100$04,100D
Explanation of Responses:
1. Includes 178 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan on April 30, 2026, in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
2. Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 6/29/2026.
3. Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
4. The RSUs vest in three annual installments as follows: 1,366 shares on June 29, 2027; 1,367 shares on June 29, 2028; and 1,367 shares on June 29, 2029.
Remarks:
/s/ Howard Kuppler, by power of attorney06/30/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did ALK executive Shane R. Tackett receive in this Form 4 filing?

Shane R. Tackett received a grant of 4,100 restricted stock units (RSUs). Each RSU represents a contingent right to one share of Alaska Air Group common stock, reflecting stock-based compensation rather than an open-market purchase or sale.

How do the new ALK RSUs for Shane R. Tackett vest over time?

The 4,100 RSUs vest in three annual installments: 1,366 shares on June 29, 2027, 1,367 shares on June 29, 2028, and 1,367 shares on June 29, 2029, subject to the grant’s normal vesting conditions.

How many ALK common shares does Shane R. Tackett hold after this Form 4?

Following the reported positions, Shane R. Tackett holds 43,555 ALK common shares directly and 2,806 shares indirectly through the Alaska Air Group Employee Stock Ownership 401(k) Plan Trust, all shown as of June 29, 2026.

What does each ALK restricted stock unit (RSU) represent for Shane R. Tackett?

Each restricted stock unit represents a contingent right to receive one share of Alaska Air Group common stock. Actual share delivery depends on vesting, which occurs in specified annual installments over three years from June 29, 2027.

What additional ALK shares are mentioned from the Employee Stock Purchase Plan?

Footnotes state that Tackett’s holdings include 178 shares acquired under the Alaska Air Group Employee Stock Purchase Plan on April 30, 2026. These transactions were exempt under Rule 16b-3(c) and Rule 16b-3(d).