Nesbitt Martin H. 4
Research Summary
AI-generated summary
American Airlines (AAL) Director Martin H. Nesbitt Receives Award
What Happened Martin H. Nesbitt, a director of American Airlines Group Inc. (AAL), was granted 11,177 restricted stock units (RSUs) on June 10, 2026. The grant is reported at a price of $0.00 (total reported value $0), as these are equity awards rather than a cash purchase or sale.
Key Details
- Transaction date: 2026-06-10; Filing date: 2026-06-12 (timely).
- Transaction type: Award/Grant (RSUs) — 11,177 units @ $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: RSUs will vest in full upon the earlier of June 10, 2027, or the next annual meeting of stockholders after the grant, subject to continued service by Mr. Nesbitt through the vesting date.
- No 10b5-1 plan, tax-withholding sale, or immediate sale noted in this filing.
Context RSUs are a deferred equity award and do not represent immediately tradable shares until they vest. Such grants are common for directors and executives as compensation and do not, by themselves, indicate buying or selling sentiment. The vesting schedule and service condition determine when (and if) these units convert to shares.