Form 4: Director Howard Ungerleider Receives AAL Stock Grant
Statement of Changes in Beneficial Ownership
American Airlines Group Inc. director Howard I. Ungerleider was granted 11,177 restricted stock units as part of his compensation.
Summary
- Director Howard I. Ungerleider acquired 11,177 shares of American Airlines Group Inc. (AAL) common stock.
- The transaction occurred on June 10, 2026, at a price of $0.00 per share, representing a grant of restricted stock units (RSUs).
- Following this transaction, the reporting person's total beneficial ownership is 36,578 shares of common stock.
- The RSUs are scheduled to vest fully on the earlier of June 10, 2027, or the date of the next annual meeting of stockholders.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified; this is a standard equity grant for a board member.
Risks
- Vesting is subject to the continued service of the reporting person through the vesting date.
Future Outlook
The restricted stock units will vest on June 10, 2027, or at the next annual meeting of stockholders, provided the director remains in service.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practices in the airline industry to ensure long-term alignment between leadership and shareholder value.
Comparison to Industry Standards
- The grant structure is consistent with standard director compensation packages at major U.S. carriers like Delta Air Lines and United Airlines.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director retention and incentive practices.
Next Steps
- Vesting of the 11,177 restricted stock units on June 10, 2027, or the next annual meeting.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of the restricted stock unit grant transaction. |
| 06/12/2026 | Date the Form 4 was signed and filed. |
| 06/10/2027 | Scheduled full vesting date for the restricted stock units. |
Keywords
American Airlines, AAL, Form 4, Insider Trading, Director Compensation, Equity Grant
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