Form 4: Alaska Air Group CFO Sells 5,000 Shares

Sentiment:

SEC Form 4 Filing


Alaska Air Group's Executive Vice President and CFO, Shane R. Tackett, sold 5,000 shares of common stock on December 11, 2024.

Summary

  • Shane R. Tackett, the Executive Vice President and CFO of Alaska Air Group, Inc., sold 5,000 shares of the company's common stock on December 11, 2024.
  • The sale was executed at a weighted average price of $63.5567 per share.
  • The prices for the shares sold ranged from $63.5403 to $63.5900.
  • Following the transaction, Mr. Tackett beneficially owns 27,362 shares of Alaska Air Group stock.
  • This total includes 211 shares acquired through the Employee Stock Purchase Plan (ESPP) on April 30, 2024, and 163 shares acquired through the ESPP on October 31, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders when they trade company stock. It provides transparency into the transactions of key personnel.

Comparison to Industry Standards

  • Executive stock sales are a common occurrence in publicly traded companies.
  • These transactions are typically disclosed through SEC Form 4 filings.
  • The sale by Mr. Tackett is within the normal range of insider trading activity.

Stakeholder Impact

  • The sale of shares by a company executive may be of interest to shareholders, but is a normal part of the market.

Key Dates

DateDescription
04/30/2024211 shares acquired under the Employee Stock Purchase Plan (ESPP).
10/31/2024163 shares acquired under the Employee Stock Purchase Plan (ESPP).
12/11/2024Sale of 5,000 shares of common stock by Shane R. Tackett.
12/12/2024Date of filing of the SEC Form 4.

Keywords

Alaska Air Group, ALK, Shane R. Tackett, CFO, stock sale, insider trading, executive, common stock, ESPP

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