Form 4: American Airlines EVP Devon May Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Devon E. May, EVP and CFO of American Airlines Group Inc., disposed of shares to cover withholding taxes related to vesting restricted stock units.
Summary
- On February 20, 2025, Devon E. May, the EVP and Chief Financial Officer of American Airlines Group Inc., reported a transaction involving common stock.
- A total of 16,948 shares were disposed of to cover applicable withholding taxes related to the vesting of restricted stock units.
- The price per share was $15.86.
- Following the transaction, May directly owns 696,685 shares of American Airlines Group Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO, trade their company's stock. These filings provide transparency into the transactions of individuals with access to non-public information.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: disposal of shares to cover withholding taxes. |
| 02/21/2025 | Date of signature on the report. |
Keywords
Form 4, American Airlines Group Inc., AAL, Devon E. May, EVP, Chief Financial Officer, Stock Disposal, Restricted Stock Units, Withholding Taxes, Beneficial Ownership
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