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  4. [Form 4] ALASKA AIR GROUP, INC. Insider Trading Activity

Alaska Air (NYSE: ALK) awards two RSU grants to EVP & Chief People Officer

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

Rhea-AI Filing Summary

McIntyre Lindsay-Rae reported acquisition or exercise transactions in this Form 4 filing.

Alaska Air Group EVP & Chief People Officer Lindsay-Rae McIntyre received two new restricted stock unit (RSU) awards as equity compensation. On April 1, 2026, she was granted 17,960 RSUs and a separate grant of 44,900 RSUs, each representing a right to one share of common stock.

The 17,960 RSUs vest in three annual installments: 5,986 shares on April 1, 2027, 5,987 shares on April 1, 2028, and 5,987 shares on April 1, 2029. The 44,900 RSUs also vest annually: 14,966 shares on April 1, 2027, 14,967 shares on April 1, 2028, and 14,967 shares on April 1, 2029. These are non-cash, compensation-related grants rather than open-market purchases.

Positive

  • None.

Negative

  • None.
Insider McIntyre Lindsay-Rae
Role EVP & Chief People Officer
Type Security Shares Price Value
Grant/Award RESTRICTED STOCK UNITS 17,960 $0.00 --
Grant/Award RESTRICTED STOCK UNITS 44,900 $0.00 --
Holdings After Transaction: RESTRICTED STOCK UNITS — 17,960 shares (Direct)
Footnotes (1)
  1. 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: 5,986 shares on April 1, 2027; 5,987 shares on April 1, 2028; and 5,987 shares on April 1, 2029. The RSUs vest in three annual installments as follows: 14,966 shares on April 1, 2027; 14,967 shares on April 1, 2028; and 14,967 shares on April 1, 2029.
RSU grant 1 size 17,960 RSUs Awarded April 1, 2026 to EVP & Chief People Officer
RSU grant 2 size 44,900 RSUs Second award on April 1, 2026 to same executive
First grant vesting 2027 5,986 shares Portion of 17,960 RSUs vesting on April 1, 2027
First grant vesting 2028 5,987 shares Portion of 17,960 RSUs vesting on April 1, 2028
First grant vesting 2029 5,987 shares Portion of 17,960 RSUs vesting on April 1, 2029
Second grant vesting 2027 14,966 shares Portion of 44,900 RSUs vesting on April 1, 2027
Second grant vesting 2028 14,967 shares Portion of 44,900 RSUs vesting on April 1, 2028
Second grant vesting 2029 14,967 shares Portion of 44,900 RSUs vesting on April 1, 2029
restricted stock unit financial
"Each restricted stock unit (RSUs) represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one share of ALK common stock"
vest in three annual installments financial
"The RSUs vest in three annual installments as follows"
underlying security financial
"underlying_security_title: "COMMON STOCK", underlying_security_shares: "17960.0000""
Form 4 Insider Transactions: What Each Field Means →
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*
McIntyre Lindsay-Rae
(Last)(First)(Middle)
C/O 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)
EVP & Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		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
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(1)04/01/2026A17,960 (2) (2)COMMON STOCK17,960$017,960D
RESTRICTED STOCK UNITS(1)04/01/2026A44,900 (3) (3)COMMON STOCK44,900$044,900D
Explanation of Responses:
1. Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
2. The RSUs vest in three annual installments as follows: 5,986 shares on April 1, 2027; 5,987 shares on April 1, 2028; and 5,987 shares on April 1, 2029.
3. The RSUs vest in three annual installments as follows: 14,966 shares on April 1, 2027; 14,967 shares on April 1, 2028; and 14,967 shares on April 1, 2029.
Remarks:
/s/ Howard Kuppler, by power of attorney04/02/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Alaska Air Group (ALK) disclose about Lindsay-Rae McIntyre in this Form 4?

Alaska Air Group reported that EVP & Chief People Officer Lindsay-Rae McIntyre received two restricted stock unit grants. One covers 17,960 RSUs and the other 44,900 RSUs, both awarded on April 1, 2026 as equity-based compensation tied to future vesting dates.

How many restricted stock units did ALK grant to its Chief People Officer?

Lindsay-Rae McIntyre received 17,960 RSUs in one grant and 44,900 RSUs in another. Each RSU represents a contingent right to one share of Alaska Air Group common stock, providing long-term equity incentives instead of immediate cash compensation for the executive.

When do the 17,960 RSUs granted by Alaska Air Group vest?

The 17,960 RSUs vest in three equal-style annual installments. Specifically, 5,986 shares vest on April 1, 2027, followed by 5,987 shares on April 1, 2028, and another 5,987 shares on April 1, 2029, assuming vesting conditions are satisfied each year.

What is the vesting schedule for the 44,900 RSUs granted by ALK?

The 44,900 RSUs also vest over three years. 14,966 shares vest on April 1, 2027, then 14,967 shares on April 1, 2028, and 14,967 shares on April 1, 2029. This multi-year schedule is designed to support long-term alignment with shareholders.

Are these Alaska Air Group RSU grants open-market stock purchases or sales?

No, these RSU entries are compensation-related awards, not market trades. The Form 4 uses transaction code “A” for grant or award acquisition, with a price per unit of $0.0000, reflecting that they are granted by the company rather than bought or sold in the market.

How many underlying Alaska Air Group common shares are tied to these RSUs?

Each restricted stock unit corresponds to one share of common stock. The 17,960 RSUs are linked to 17,960 underlying shares, and the 44,900 RSUs are linked to 44,900 underlying shares, subject to the vesting schedule described in the Form 4 footnotes.