EMILY HALVERSON - 02 Nov 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
02 Nov 2025
Net transactions value
-$10,140
Form type
4
Filing time
04 Nov 2025, 16:47:28 UTC
Previous filing
06 Jun 2025
Next filing
12 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HALVERSON EMILY VP Finance, Controller & Treas ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE /s/ Howard Kuppler, by power of attorney 04 Nov 2025 0001922547

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +970 +12% $0.000000 9,223 02 Nov 2025 Direct F1
transaction ALK COMMON STOCK Tax liability $10,140 -243 -2.6% $41.73 9,065 02 Nov 2025 Direct F2, F3

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 -970 -50% $0.000000 970 02 Nov 2025 COMMON STOCK 970 $0.000000 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
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 Includes 85 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan (ESPP) on October 31, 2025, in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F4 The RSUs vesting were from a grant of 2,910 shares issued on November 2, 2023, that vest in three annual installments of 970 shares beginning on the first anniversary of the grant date.