EMILY HALVERSON - 13 Feb 2026 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
13 Feb 2026
Net transactions value
-$68,258
Form type
4
Filing time
17 Feb 2026, 18:30:03 UTC
Previous filing
13 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 17 Feb 2026 0001922547

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +2,550 +22% $0.000000 14,293 13 Feb 2026 Direct F1
transaction ALK COMMON STOCK Tax liability $35,262 -638 -4.5% $55.27 13,655 13 Feb 2026 Direct F2
transaction ALK COMMON STOCK Options Exercise $0 +2,383 +17% $0.000000 16,038 13 Feb 2026 Direct F1
transaction ALK COMMON STOCK Tax liability $32,996 -597 -3.7% $55.27 15,441 13 Feb 2026 Direct F2

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 -2,550 -100% $0.000000 0 13 Feb 2026 COMMON STOCK 2,550 $0.000000 Direct F1, F3
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -2,383 -50% $0.000000 2,384 13 Feb 2026 COMMON STOCK 2,383 $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 The RSUs vested as to 100% of the shares granted on February 13, 2026.
F4 The RSUs vesting were from grants of 7,150 shares that vested or will vest in three annual installments as follows: 2,383 shares on February 13, 2025; 2,383 shares on February 13, 2026; and 2,384 shares on February 13, 2027.