Form 4: Allegiant Travel CO: Former COO Wilper Keny Frank Sells Shares Under 10b5-1 Plan

Former COO of Allegiant Travel CO, Wilper Keny Frank, sold 278 shares of common stock at $41.41 per share on April 7, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On April 7, 2025, Wilper Keny Frank, the former COO of Allegiant Travel CO, sold 278 shares of common stock.
• The sale was executed at a price of $41.41 per share.
• This transaction was conducted under a pre-arranged 10b5-1 trading plan.
• Following the transaction, Frank directly owns 15,918 shares of Allegiant Travel CO.
• This amount includes 22 shares of restricted stock acquired through the employee stock purchase plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by a former executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. The use of a 10b5-1 trading plan suggests that the sales were pre-planned and not based on any inside information.

Stakeholder Impact

• The sale of shares by a former executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares involved and the use of a 10b5-1 trading plan.

Key Dates

Keywords

Form 4, Allegiant Travel CO, ALGT, Wilper Keny Frank, 10b5-1 trading plan, insider trading, stock sale, COO