Form 4: Alaska Air Group SVP Exercises Stock Options and Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Kyle B. Levine, SVP Legal & General Counsel at Alaska Air Group, exercised stock options and disposed of shares to cover tax withholding obligations on February 13, 2025.
Summary
- On February 13, 2025, Kyle B. Levine, SVP Legal & General Counsel at Alaska Air Group, exercised 5,906 Restricted Stock Units (RSUs) which converted to common stock on a one-for-one basis.
- Levine also disposed of 2,325 shares of common stock at a price of $72.54 to satisfy tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Levine directly owns 26,757 shares of Alaska Air Group common stock and 11,814 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of earliest transaction: Exercise of RSUs and disposition of shares. |
| 02/13/2026 | Next vesting date for 5,907 shares of RSUs. |
| 02/13/2027 | Final vesting date for 5,907 shares of RSUs. |
| 02/14/2025 | Date of signature for the Form 4 filing. |
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