Form 4: Allegiant CEO Sells Shares for Tax Withholding
Insider Transaction Report
Allegiant Travel Co.'s President and CEO, Gregory Clark Anderson, disposed of 1,813 shares of common stock to cover tax withholding obligations related to vested restricted stock.
Summary
- Gregory Clark Anderson, President & CEO and Director of Allegiant Travel CO (ALGT), reported a disposition of common stock.
- The transaction involved 1,813 shares of common stock.
- The shares were disposed of at a price of $48.12 per share.
- This disposition was for tax withholding purposes, following the vesting of previously granted restricted stock.
- Following this transaction, Anderson beneficially owns 113,372 shares of common stock.
- The transaction was made pursuant to a Rule 10b5-1 plan.
Sentiment
Score: 6
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event. However, it stems from the positive event of restricted stock vesting, indicating executive compensation.
Positives
- The disposition of shares is a result of the vesting of restricted stock, indicating the executive received equity compensation.
Negatives
- No direct negative implications from this routine tax-related transaction.
Risks
- NA
Future Outlook
This filing reports a past transaction and does not contain forward-looking statements or guidance regarding the company's future performance or strategy.
Industry Context
This Form 4 filing details an insider transaction specific to Allegiant Travel Co. and does not provide broader industry trends or competitive analysis.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, small-scale insider transaction for tax purposes.
- Employees: No direct impact.
- Customers/Suppliers/Creditors: No direct impact.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 08/01/2025 | Date of transaction for disposition of common stock. |
| 08/05/2025 | Date the Form 4 was signed by Robert B. Goldberg, under power of attorney. |
Keywords
Allegiant Travel, ALGT, SEC Form 4, Insider Trading, Stock Disposition, Tax Withholding, Restricted Stock, Executive Compensation, Gregory Clark Anderson
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