Form 4: Allegiant COO Sells Shares for Tax Withholding
Insider Transaction Report
Allegiant Travel COO Tyler Jay Hollingsworth disposed of 361 common shares to cover tax obligations following a restricted stock vesting.
Summary
- Tyler Jay Hollingsworth, Chief Operating Officer (COO) of Allegiant Travel CO (ALGT), reported a transaction involving company common stock.
- On October 20, 2025, Mr. Hollingsworth disposed of 361 shares of common stock.
- This disposition was made to the company at a price of $65.91 per share for tax withholding purposes.
- The shares were returned to the Company to cover required tax withholdings upon the vesting of previously granted restricted stock.
- Following this transaction, Mr. Hollingsworth directly beneficially owns 13,697 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine, non-discretionary transaction for tax withholding purposes following the vesting of restricted stock, which is a common occurrence for executives and does not indicate a change in company fundamentals or management's outlook.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary sale for tax purposes related to executive compensation.
- No direct impact on employees, customers, suppliers, or creditors from this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 10/20/2025 | Date of transaction where shares were disposed for tax withholding. |
| 10/21/2025 | Date the Form 4 was signed by Robert B. Goldberg under power of attorney. |
Keywords
Allegiant Travel, ALGT, Insider Transaction, Form 4, Tyler Jay Hollingsworth, COO, Stock Sale, Tax Withholding, Restricted Stock
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