GALLAGHER MAURICE J JR 4
Research Summary
AI-generated summary
Allegiant (ALGT) 10% Owner Maurice Gallagher Sells Shares
What Happened
Maurice J. Gallagher Jr., reported as a 10% owner of Allegiant Travel Co. (ALGT), sold a total of 300,000 Allegiant shares in a series of open-market dispositions between Feb 6 and Feb 10, 2026. The trades ranged from $113.52 to $116.19 per share and totaled $34,351,256 (aggregate of reported proceeds). These were sales (code "S") reported on a Form 4 filed Feb 10, 2026.
Key Details
- Transaction dates & trades reported:
- 2026-02-06: 100,000 shares @ $113.67 — $11,367,000
- 2026-02-06: 75,000 shares @ $114.99 — $8,623,890
- 2026-02-09: 56,243 shares @ $114.81 — $6,457,450
- 2026-02-09: 25,000 shares @ $116.19 — $2,904,655
- 2026-02-09: 24,139 shares @ $114.79 — $2,770,831
- 2026-02-10: 18,757 shares @ $113.52 — $2,129,276
- 2026-02-10: 861 shares @ $114.00 — $98,154
- Aggregate: 300,000 shares sold for $34,351,256.
- Filing: Form 4 filed 2026-02-10 reporting the Feb 6–10 trades; filing appears timely under the 2-business-day rule.
- Ownership after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 indicates transactions were executed "by an LLC controlled by beneficial owner."
Context
These are outright sales by a 10% beneficial owner (a large shareholder), not an option exercise or award. Sales by large holders are common and do not, by themselves, indicate company outlook; purchases are often viewed as stronger positive signals. The reported per-share prices were roughly $113.52–$116.19.