ALGT.NASDAQAllegiant Travel CO

Form 4: Allegiant Travel CEO Gregory Anderson Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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Gregory Anderson, President & CEO of Allegiant Travel Co, reports disposition of shares to cover tax withholding obligations.

Summary

  • On April 1, 2025, Gregory Clark Anderson, President & CEO of Allegiant Travel Co, disposed of 4,857 shares of common stock.
  • The shares were effectively repurchased by the company at $50.85 per share.
  • This transaction was to cover the beneficial owner's required tax withholding related to vested restricted stock granted on April 3, 2023, and January 1, 2024.
  • Following the transaction, Anderson directly owns 115,185 shares of Allegiant Travel Co.
  • The transaction was reported on a Form 4 filed with the SEC on April 2, 2025.

Sentiment

Score: 5

Explanation: Neutral sentiment as this is a routine transaction related to tax obligations.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes upon vesting of restricted stock.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.

Key Dates

DateDescription
04/03/2023Beneficial owner granted shares of restricted stock.
01/01/2024Beneficial owner granted shares of restricted stock.
04/01/2025Transaction date: Disposition of shares for tax withholding.
04/02/2025Date of Form 4 filing.

Keywords

Form 4, SEC, Allegiant Travel Co, ALGT, Gregory Clark Anderson, Stock Transaction, Tax Withholding, Insider Trading

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