SANDVIK HELVI KAY 4
4 · ALASKA AIR GROUP, INC. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Alaska Air (ALK) Director Helvi Kay Receives 5,186-Share Award
What Happened
- Helvi Kay, a director of Alaska Air Group, Inc. (ALK), was granted 5,186 shares on 2026-05-13 as an award under the company's 2016 Performance Incentive Plan. The grant is reported at $38.56 per share, with a total grant value of $199,972. This transaction is an equity award (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-13 at $38.56 per share; total value $199,972.
- Transaction type: Award/Grant (Form 4 code A).
- Purpose: Award granted in connection with the reporting person's re-election to the Board through the 2027 Annual Meeting (per footnote).
- Holdings note: Form 4 indicates total holdings include 4,108 deferred stock units (DSUs) from the 2008 PIP and 3,026 DSUs from the 2016 PIP. Those DSUs are 100% vested and are issuable as common shares upon resignation from the Board.
- Filing/timeliness: Report filed 2026-05-14 covering the 2026-05-13 grant — appears timely (no late filing noted).
Context
- Director equity awards are common compensation for board service and do not by themselves indicate a personal market purchase or sale. The DSUs referenced are vested but convert to shares only upon resignation, so they function as deferred, retention-style compensation rather than immediate open-market holdings.
Insider Transaction Report
Form 4
SANDVIK HELVI KAY
Director
Transactions
- Award
COMMON STOCK
[F1][F2]2026-05-13$38.56/sh+5,186$199,972→ 30,755 total
Footnotes (2)
- [F1]Shares of Alaska Air Group, Inc. (the "Issuer") common stock granted under the Issuer's 2016 Performance Incentive Plan ("2016 PIP") in connection with the reporting person's re-election to serve on the Issuer's Board of Directors until the 2027 Annual Stockholders Meeting.
- [F2]Total held in column 5 includes 4,108 DSUs previously granted under the Issuer's 2008 Performance Incentive Plan and 3,026 DSUs granted under the Issuer's 2016 PIP. The DSUs are 100% vested on the date of grant and issuable in common shares upon resignation from the Issuer's Board of Directors.
Signature
/s/ Howard Kuppler, by power of attorney|2026-05-14