Jason M. Berry - 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
-$93,959
Form type
4
Filing time
17 Feb 2026, 18:23:34 UTC
Previous filing
13 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Berry Jason M EVP Chief Operating Officer ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD., SEATTLE /s/ Howard Kuppler, by power of attorney 17 Feb 2026 0001999104

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +2,400 +25% $0.000000 12,077 13 Feb 2026 Direct F1
transaction ALK COMMON STOCK Tax liability $33,604 -608 -5% $55.27 11,469 13 Feb 2026 Direct F2
transaction ALK COMMON STOCK Options Exercise $0 +2,727 +24% $0.000000 14,196 13 Feb 2026 Direct F1
transaction ALK COMMON STOCK Tax liability $60,355 -1,092 -7.7% $55.27 13,104 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 -2,400 -100% $0.000000 0 13 Feb 2026 COMMON STOCK 2,400 $0.000000 Direct F1, F3
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -2,727 -50% $0.000000 2,727 13 Feb 2026 COMMON STOCK 2,727 $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 vest as to 100% of the shares granted on February 13, 2026.
F4 The RSUs vesting were from a grant of 8,180 shares awarded on March 19, 2024, that have vested or will vest as to 2,726 shares on February 13, 2025; 2,727 shares on February 13, 2026; and 2,727 shares on February 13, 2027.