TACKETT SHANE R 4

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.