Isom Robert D Jr 4
Research Summary
AI-generated summary
American Airlines CEO Robert Isom Receives RSU Award; 45,884 Shares Withheld
What Happened Robert D. Isom Jr., CEO, President and Director of American Airlines Group (AAL), was granted 781,250 restricted stock units (RSUs) on Feb 17, 2026 (reported as an acquisition, code A). On Feb 18, 2026, 45,884 shares were withheld at $14.10 per share to satisfy applicable withholding taxes (reported as disposition, code F), a withholding value of $646,964. The RSU award carries service- and performance-based vesting conditions rather than representing an open-market purchase or sale.
Key Details
- Transaction dates: RSU grant on 2026-02-17; tax-withholding share disposition on 2026-02-18.
- Prices/values: Withheld 45,884 shares at $14.10 each = $646,964 (tax withholding). Grant reported at $0.00 per share (standard for RSUs).
- Shares owned after transaction: Not specified in the provided excerpt; the filing notes beneficial ownership was adjusted to reflect forfeiture of previously reported performance-based RSUs (footnote F1).
- Notable footnotes:
- F1: Beneficial ownership figure reflects forfeiture of prior performance-based RSUs.
- F2: The RSU award vests over three years (16.67% each year for service), plus a performance-based portion (50% at target) that may range from 0% to 200% depending on results; the table assumes 100% of the performance portion.
- F3: The 45,884 shares were withheld by the issuer to cover withholding taxes on vesting.
- Filing timeliness: Form 4 filed 2026-02-19 for transactions on Feb 17–18 — consistent with the typical two-business-day Form 4 filing window.
Context This was a compensatory RSU grant with a subsequent share withholding to cover taxes — a routine administrative step (not an open-market sale). RSUs vest over time and the ultimate number of shares issued for the performance portion can vary based on future company performance, so the final economic value depends on vesting outcomes and AAL’s share price at vesting.