Bricker Jude 4
4 · Allegiant Travel CO · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Allegiant (ALGT) Director Jude Bricker Sells 40,437 Shares
What Happened Jude Bricker, a director of Allegiant Travel Co. (ALGT), had 40,437 shares disposed on May 13, 2026 as a company repurchase to cover tax withholding related to vested restricted stock. The repurchase price was $75.21 per share for a total of approximately $3,041,267. On the same date Bricker was also granted 1,000 restricted shares (reported as acquired at $0.00) that vest on May 13, 2027. The disposition was a tax-withholding repurchase (routine) rather than an open-market sale.
Key Details
- Transaction dates: May 13, 2026 (reported on Form 4 filed May 15, 2026) — filing appears timely.
- Disposition: 40,437 shares repurchased at $75.21/share for $3,041,267 (transaction code F — tax withholding).
- Acquisition: 1,000 restricted shares granted (transaction code A) reported at $0.00; vesting scheduled May 13, 2027.
- Footnotes: Beneficial owner received restricted stock with vesting over time; upon vesting a portion was returned to the company to satisfy tax withholding, repurchased at $75.21/share.
- Shares owned after the transactions: not specified in the provided filing.
Context This was a cashless/tax-withholding repurchase tied to vested restricted stock, a common administrative transaction that does not necessarily indicate the director’s view of the company. The new 1,000-share award will vest in one year (May 13, 2027).
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-05-13$75.21/sh−40,437$3,041,267→ 51,606 total - Award
Common Stock
[F3]2026-05-13+1,000→ 52,606 total
Footnotes (3)
- [F1]Beneficial owner granted shares of restricted stock with vesting over time. Upon vesting, beneficial owner returned to Company a portion of the vested shares for tax withholding purposes.
- [F2]Shares of restricted stock effectively repurchased by Company at $75.21 per share to fund beneficial owner's required tax withholding.
- [F3]Grant of restricted stock with vesting on May 13, 2027.