Devon E. May - 17 Feb 2026 Form 4 Insider Report for American Airlines Group Inc. (AAL)

Signature
Michelle A. Earley, with Power of Attorney
Issuer symbol
AAL
Transactions as of
17 Feb 2026
Net transactions value
-$122,247
Form type
4
Filing time
19 Feb 2026, 18:33:06 UTC
Previous filing
15 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
May Devon E EVP Chief Financial Officer C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH Michelle A. Earley, with Power of Attorney 19 Feb 2026 0001959309

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAL Common Stock Award $0 +311,082 +43% $0.000000 1,035,764 17 Feb 2026 Direct F1, F3
transaction AAL Common Stock Tax liability $122,247 -8,670 -0.84% $14.10 1,027,094 18 Feb 2026 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Unit award that vests over three years, with 16.67 percent of the grant vesting based on continued service through the first, second, and third anniversaries of the grant date, and 50 percent of the grant vesting in the event certain performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between zero percent and two hundred percent of the number of Restricted Stock Units depending on relative and absolute performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.
F2 Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units
F3 Amount of securities beneficially owned reflects the forfeiture of performance-based restricted stock units previously reported in Table I