Constance E. von Muehlen - 13 Feb 2026 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Reporting relationship: EVP & Advisor to COO
Issuer ticker: ALK
Reported as of: 13 Feb 2026
Net transaction value: -$458,354
SEC form: 4
Accepted by SEC: 17 Feb 2026, 18:42:47 UTC
Prior SEC filing: 13 Feb 2026
Next SEC filing: 07 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Howard Kuppler, by power of attorney

Key filing fact

Constance E. von Muehlen filed Form 4 for ALASKA AIR GROUP, INC. (ALK) on 17 Feb 2026.

Key facts

This page summarizes Constance E. von Muehlen's Form 4 filing for ALASKA AIR GROUP, INC. (ALK).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Feb 2026, 18:42.

Change

Previous filing in this sequence was filed on 13 Feb 2026.
Current net transaction value: -$458,354.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001855774 Primary reporting owner

VON MUEHLEN CONSTANCE E

Relationship: EVP & Advisor to COO
Address: ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE
Signature: /s/ Howard Kuppler, by power of attorney
Signature date: 17 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALK transaction

COMMON STOCK

Options Exercise

Transaction value: $0
Shares: +13,160
Change %: +39%
Price: $0.000000
Shares after: 46,772
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F1

ALK transaction

COMMON STOCK

Tax liability

Transaction value: $273,918
Shares: -4,956
Change %: -11%
Price: $55.27
Shares after: 41,816
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F2

ALK transaction

COMMON STOCK

Options Exercise

Transaction value: $0
Shares: +8,860
Change %: +21%
Price: $0.000000
Shares after: 50,676
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F1

ALK transaction

COMMON STOCK

Tax liability

Transaction value: $184,436
Shares: -3,337
Change %: -6.6%
Price: $55.27
Shares after: 47,339
Date: 13 Feb 2026
Ownership: Direct
Footnotes: F2

ALK holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 938
Date: 13 Feb 2026
Ownership: Held by Spouse

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ALK transaction Derivative

RESTRICTED STOCK UNITS

Options Exercise

Transaction value: $0
Shares: -13,160
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 13 Feb 2026
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 13,160
Exercise price: $0.000000
Footnotes: F1, F3

ALK transaction Derivative

RESTRICTED STOCK UNITS

Options Exercise

Transaction value: $0
Shares: -8,860
Change %: -50%
Price: $0.000000
Shares after: 8,860
Date: 13 Feb 2026
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 8,860
Exercise price: $0.000000
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Constance E. von Muehlen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.

Footnote 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.

Footnote F3

The RSUs vest as to 100% of the shares granted on February 13, 2026.

Footnote F4

The RSUs vesting were from a grant of 26,580 shares that vested or will vest in three equal installments as follows: 8,860 shares on February 13, 2025; 8,860 shares on February 13, 2026; and 8,860 shares on February 13, 2027.