Form 4: Allegiant COO Sells Shares for Tax Withholding
Insider Transaction Report
Allegiant Travel COO Tyler Jay Hollingsworth disposed of 330 shares of common stock at $61.98 per share to cover tax obligations related to restricted stock vesting.
Summary
- Tyler Jay Hollingsworth, Chief Operating Officer (COO) of Allegiant Travel CO (ALGT), reported a transaction involving common stock.
- On September 23, 2025, 330 shares of common stock were disposed of at a price of $61.98 per share.
- This disposition was for tax withholding purposes, specifically to cover tax liabilities upon the vesting of restricted stock.
- Following this transaction, Mr. Hollingsworth beneficially owns 14,058 shares of Allegiant Travel CO common stock.
Sentiment
Score: 5
Explanation: The transaction is a non-discretionary disposition of shares for tax withholding purposes upon restricted stock vesting, which is a routine event and generally considered neutral in terms of insider sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive positioning for the airline sector.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes by an insider, not indicative of a change in investment sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/23/2025 | Date of transaction where 330 shares were disposed for tax withholding. |
| 09/25/2025 | Date the Form 4 statement was filed with the SEC. |
Keywords
Allegiant Travel, ALGT, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, Tyler Jay Hollingsworth, COO
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