TACKETT SHANE R 4
4 · ALASKA AIR GROUP, INC. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Alaska Air (ALK) CFO Shane Tackett Receives PSUs; Shares Withheld
What Happened Shane R. Tackett, Executive Vice President and Chief Financial Officer of Alaska Air Group, had performance stock units (PSUs) vest on Feb 10, 2026, resulting in the acquisition of 17,874 shares at $0.00 (awarded). To satisfy tax withholding, 4,900 of those shares were withheld/disposed at $59.14 per share for a total withholding value of $289,786. On the same date he was also granted 26,740 restricted stock units (RSUs) (derivative award) at $0.00.
Key Details
- Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (appears timely).
- Vesting: 17,874 shares acquired from PSUs (award—no purchase price).
- Tax withholding: 4,900 shares disposed at $59.14 each, totaling $289,786 (exempt disposition to issuer under Rule 16b-3(e) to satisfy tax liabilities).
- New RSU grant: 26,740 RSUs granted (each RSU represents one share contingent on future vesting).
- RSU vest schedule: 8,913 shares on Feb 10, 2027; 8,913 on Feb 10, 2028; 8,914 on Feb 10, 2029.
- Shares owned after transaction: not specified in this filing.
- Footnote: PSUs vested based on performance goals over the three-year period ending Dec 31, 2025 and were certified by the Board’s Compensation Committee.
Context This filing reflects compensation-related equity (PSU vesting and an RSU grant), not an open-market purchase. The withholding of shares to cover taxes is routine and common for vested equity awards; it is reported as an exempt disposition rather than a market sale. These types of awards indicate company compensation outcomes but should not be interpreted alone as a direct signal of insider buying sentiment.
Insider Transaction Report
- Award
COMMON STOCK
[F1]2026-02-10+17,874→ 51,404 total - Tax Payment
COMMON STOCK
[F2]2026-02-10$59.14/sh−4,900$289,786→ 46,504 total - Award
RESTRICTED STOCK UNITS
[F4][F5]2026-02-10+26,740→ 26,740 total→ COMMON STOCK (26,740 underlying)
- 2,806(indirect: By Trust)
COMMON STOCK
[F3]
Footnotes (5)
- [F1]The acquisition resulted from the vesting of Performance Stock Units (PSUs) pursuant to the attainment of certain performance goals over a three-year period ending December 31, 2025, in accordance with the terms of a PSU award granted under the Issuer's 2016 Performance Incentive Plan and upon certification of performance results by the Board's Compensation Committee on February 10, 2026.
- [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 PSUs and settled with shares by the reporting person.
- [F3]Common shares held in the Alaska Air Group, Inc. Employee Stock Ownership 401(K) Plan Trust, as of 12/31/2025.
- [F4]Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
- [F5]The RSUs vest in three annual installments as follows: 8,913 shares on February 10, 2027; 8,913 shares on February 10, 2028; and 8,914 shares on February 10, 2029.