Johnson Stephen L 4

What Happened

• Stephen L. Johnson, Vice Chair of American Airlines Group Inc. (AAL), had 17,078 shares withheld by the company to cover withholding taxes related to the vesting of restricted stock units (RSUs). The filing records these shares as disposed at $13.59 per share for a total of $232,090.
• This is a routine tax-withholding disposition tied to compensation vesting, not a voluntary open-market sale.

Key Details

• Transaction date: 2026-02-20; filing date (Form 4): 2026-02-23 (appears timely under the SEC two-business-day rule).
• Price recorded: $13.59 per share; total value: $232,090.
• Shares withheld/disposed: 17,078.
• Footnote: F1 — Shares were withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units.
• Shares owned after the transaction: not disclosed in the provided filing information.

Context

• Tax-withholding dispositions are common when RSUs vest; the company often retains (withholds) shares to satisfy tax obligations, which is recorded as a disposition on Form 4 but does not necessarily indicate a change in the insider's market view.
• For retail investors, purchases and open-market sales typically carry more signal than tax-withholding disposals; treat this as routine compensation-related activity.