Form 4: Allegiant Travel CO: Principal Accounting Officer Aretos Reports Stock Grant and Tax Withholding
SEC Form 4 Filing
Principal Accounting Officer Rebecca Aretos reports the acquisition of 3,250 shares of restricted stock and the disposal of 154 shares for tax withholding purposes.
Summary
- On September 23, 2024, Rebecca Aretos, Principal Accounting Officer of Allegiant Travel CO, acquired 3,250 shares of common stock as a grant of restricted stock vesting over three years.
- On October 1, 2024, Aretos disposed of 154 shares of common stock at $56.41 per share to cover tax withholding obligations related to the vesting of restricted stock granted on October 1, 2021.
- Following these transactions, Aretos directly owns 10,591 shares of Allegiant Travel CO common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects standard compensation practices and tax obligations.
Positives
- The grant of restricted stock aligns the officer's interests with the long-term performance of the company.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The stock grant aligns the executive's interests with shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/01/2021 | Beneficial owner granted shares of restricted stock with vesting over three years. |
| 09/23/2024 | Grant of 3,250 shares of restricted stock to Rebecca Aretos. |
| 10/01/2024 | Disposal of 154 shares for tax withholding purposes at $56.41 per share. |
| 10/02/2024 | Date of signature by Robert B. Goldberg under power of attorney. |
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