Shane R. Tackett - 18 Feb 2026 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: 18 Feb 2026
Net transactions value: -$1,371,533
Form type: 4
Filing time: 20 Feb 2026, 17:17:13 UTC
Previous filing: 17 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	19 Feb 2026	0001544028

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALK	COMMON STOCK	Sale	$1,371,533	-24,000	-36%	$57.15	43,377	18 Feb 2026	Direct	F1
holding	ALK	COMMON STOCK						2,806	18 Feb 2026	ESOP TRUST	F2

* 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 $57.0901 to $57.32, 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	Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 12/31/2025.

Content

The price reported in column 4 is a weighted average price. These shares sold in multiple transactions at prices ranging from $57.0901 to $57.32, 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.

Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 12/31/2025.