Form 4: Allegiant Travel CO Executive VP and CMO Scott Wayne DeAngelo Sells $1 Million in Common Stock
SEC Form 4
Scott Wayne DeAngelo, Executive VP and CMO of Allegiant Travel CO, sold 19,687 shares of common stock at an average price of $53.6781 on May 9, 2024.
Summary
- On May 9, 2024, Scott Wayne DeAngelo, the Executive VP and CMO of Allegiant Travel CO, sold 19,687 shares of the company's common stock.
- The sale was executed at an average price of $53.6781 per share.
- Following the transaction, DeAngelo directly owns 64,812 shares of Allegiant Travel CO.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. The sentiment is neither particularly positive nor negative without additional context.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's important to monitor such filings in conjunction with overall company performance and industry trends to assess potential implications.
Stakeholder Impact
- The sale of shares by a company executive could be perceived differently by stakeholders.
- Some may view it as a lack of confidence in the company's future, while others may see it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Scott Wayne DeAngelo sold shares of Allegiant Travel CO common stock. |
| 05/10/2024 | Date of signature: Robert B. Goldberg, under power of attorney, signed the form. |
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