Jason M. Berry - 20 Mar 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
EVP AAG Cargo & Pres Horizon
Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
20 Mar 2025
Net transactions value
-$8,984
Form type
4
Filing time
21 Mar 2025, 17:57:24 UTC
Previous filing
18 Feb 2025
Next filing
25 Sep 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise +697 +20% 4,099 20 Mar 2025 Direct F1
transaction ALK COMMON STOCK Tax liability $8,984 -170 -4.1% $52.85 3,929 20 Mar 2025 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 -697 -50% $0.000000 697 20 Mar 2025 COMMON STOCK 697 Direct F1, F3
* 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 vesting were from a grant of 2,090 shares that vested or will vest in three annual installments as follows: 696 shares on March 20, 2024; 697 shares on March 20, 2025, and 697 shares on March 20, 2026.