DANIEL KEVIN ELWELL - 08 May 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
Director
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
08 May 2025
Transactions value $
$139,999
Form type
4
Filing time
12 May 2025, 16:57:03 UTC
Previous filing
13 May 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ELWELL DANIEL KEVIN Director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE /s/ Howard Kuppler, by power of attorney 12 May 2025 0001841043

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Award $70K +1.33K +12.65% $52.77 11.8K 08 May 2025 Direct F1
transaction ALK COMMON STOCK Award $70K +1.33K +11.24% $52.77 13.1K 08 May 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Alaska Air Group, Inc. (the "Issuer") common stock granted under the Issuer's 2016 Performance Incentive Plan in connection with the reporting person's re-election to serve on the Issuer's Board of Directors until the 2026 Annual Stockholders Meeting.
F2 Deferred stock units (DSUs) granted under the Alaska Air Group, Inc. (the "Issuer") 2016 Performance Incentive Plan in connection with the reporting person's re-election to serve on the Board of Directors until the 2026 Annual Stockholders Meeting. The DSUs are 100% vested and payable in shares of the Issuer's common stock on a one-for-one basis following the resignation of the reporting person from the Issuer's Board of Directors.
F3 Includes 8,388 DSUs previously granted under the Alaska Air Group, Inc. (the "Issuer") 2016 Performance Incentive Plan. The DSUs are 100% vested on the date of grant and issuable in common stock upon resignation from the Issuer's Board of Directors.