Andrea L. Schneider - 13 Feb 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
SVP PEOPLE
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
13 Feb 2025
Net transactions value
-$121,940
Form type
4
Filing time
18 Feb 2025, 17:36:40 UTC
Previous filing
11 Feb 2025
Next filing
04 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +4,543 +17% $0.000000 31,615 13 Feb 2025 Direct F1
transaction ALK COMMON STOCK Tax liability $121,940 -1,681 -5.3% $72.54 29,934 13 Feb 2025 Direct F2
holding ALK COMMON STOCK 15 13 Feb 2025 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -4,543 -33% $0.000000 9,087 13 Feb 2025 COMMON STOCK 4,543 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units (RSUs) convert to common stock on a one-for-one basis.
F2 The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of RSUs and settled with shares by the reporting person.
F3 The restricted stock units vesting were from a grant of 13,630 shares that vested or will vest in three equal installments as follows: 4,543 shares on February 13, 2025; 4,543 shares on February 13, 2026; and 4,544 shares on February 13, 2027.