Anderson Gregory Clark 4/A
Research Summary
AI-generated summary
Allegiant (ALGT) CEO Gregory Anderson Receives 1,947-Share Award
What Happened
Anderson Gregory Clark (CEO & Director) received a grant/award of 1,947 restricted shares on February 6, 2026. The filing reports the shares at $0.00 per share (total reported value $0) because this is a restricted stock award rather than an open-market purchase. The award vests over three years.
Key Details
- Transaction date: 2026-02-06 (Grant/Award; transaction code A).
- Price reported: $0.00 per share; shares granted: 1,947 (total reported value $0).
- Vesting: Restricted stock with vesting over three years (Footnote F2).
- Filing: Amended Form 4 filed 2026-03-06 to correct number of shares due to a rounding error (Footnote F1).
- Timeliness: Filing was late relative to the transaction date (filed ~1 month after the transaction) — transactionTimeliness = 'L'.
- Shares owned after the transaction: Not specified in the provided filing details.
Context
Restricted stock awards are a common form of executive compensation intended to retain management; they are not open-market purchases or immediate sales. Such grants do not by themselves indicate a near-term buy/sell signal for the insider, since the shares are subject to vesting and transfer restrictions. The amended filing simply corrects a rounding error in the original report.