Form 4: Allegiant Travel CO COO Keny Frank Wilper Reports Stock Transactions

COO Keny Frank Wilper reports acquisition of 8,126 shares of common stock via restricted stock grant and disposition of 191 shares for tax withholding.

Summary

• On September 23, 2024, Keny Frank Wilper, COO of Allegiant Travel CO, acquired 8,126 shares of common stock due to a restricted stock grant.
• The shares were acquired at a price of $0.
• On October 1, 2024, Mr. Wilper disposed of 191 shares of common stock at a price of $56.41.
• This disposition was to cover tax withholding obligations related to the vesting of restricted stock granted on October 1, 2022.
• Following these transactions, Mr. Wilper beneficially owns 17,694 shares of Allegiant Travel CO common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine stock transactions related to executive compensation. There is no indication of positive or negative performance.

Positives

• The acquisition of shares through a restricted stock grant aligns the executive's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates