Shane R. Tackett - 13 Aug 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role: EVP AND CFO
Signature: /s/ Howard Kuppler, by power of attorney
Issuer symbol: ALK
Transactions as of: 13 Aug 2025
Net transactions value: -$285,315
Form type: 4
Filing time: 14 Aug 2025, 18:06:57 UTC
Previous filing: 18 Feb 2025
Next filing: 09 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
TACKETT SHANE R	EVP AND CFO	ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE	/s/ Howard Kuppler, by power of attorney	14 Aug 2025	0001544028

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALK	COMMON STOCK	Sale	$285,315	-5,000	-10%	$57.06	43,335	13 Aug 2025	Direct	F1, F2
holding	ALK	COMMON STOCK						2,806	13 Aug 2025	ESOP TRUST	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $57.0601 to $57.0801, inclusive. The reporting person undertakes to provide to Alaska Air Group, Inc., any security holder of Alaska Air Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2	Includes 155 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan (ESPP) on April 30, 2025, in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F3	Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(k) Plan Trust, as of June 30, 2025.