Jason M. Berry - 23 Sep 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
23 Sep 2025
Net transactions value
-$43,583
Form type
4
Filing time
25 Sep 2025, 16:26:17 UTC
Previous filing
21 Mar 2025
Next filing
04 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Berry Jason M EVP AAG Cargo & Pres Horizon ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD., SEATTLE /s/ Howard Kuppler, by power of attorney 25 Sep 2025 0001999104

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +2,010 +51% $0.000000 5,939 23 Sep 2025 Direct F1
transaction ALK COMMON STOCK Tax liability $43,583 -805 -13% $54.14 5,432 23 Sep 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 -2,010 -33% $0.000000 4,020 23 Sep 2025 COMMON STOCK 2,010 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 298 shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan on April 30, 2025, in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
F4 The RSUs are from a grant of 6,030 shares granted on September 23, 2024, of which 2,010 shares vested on September 23, 2025, and of which 2,010 shares will vest on September 23, 2026; and 2,010 shares will vest on September 23, 2027.