Form 4: Alaska Air Group Executive Vice President Andrew Harrison Reports Stock Transactions

EVP and CCO of Alaska Air Group, Andrew Harrison, reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.

Summary

• Andrew Harrison, EVP and CCO of Alaska Air Group, reported transactions involving common stock and restricted stock units (RSUs) on February 13, 2025.
• 8,860 RSUs vested and converted to common stock on a one-for-one basis.
• 3,487 shares were disposed of to the issuer to satisfy tax withholding obligations at a price of $72.54 per share.
• Following these transactions, Harrison directly owns 40,630 shares of common stock and 17,720 RSUs.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and stock transactions, which are neither particularly positive nor negative. The sentiment is neutral to slightly positive due to the executive's continued holding of a significant number of shares and RSUs.

Future Outlook

The reporting person has additional RSUs that will vest in two future annual installments on February 13, 2026, and February 13, 2027.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and provides transparency to investors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve a relatively small number of shares compared to the total outstanding shares of Alaska Air Group.
• The transactions ensure the executive remains incentivized through equity ownership.

Key Dates