Anderson Gregory Clark 4
Research Summary
AI-generated summary
Allegiant (ALGT) CEO Anderson Gregory Clark Sells 4,832 Shares
What Happened
- Anderson Gregory Clark, CEO and director of Allegiant Travel Co. (ALGT), had 4,832 vested restricted shares withheld/repurchased by the company to cover tax obligations. The shares were repurchased at $83.12 per share, totaling $401,636. This is a tax-withholding disposition (routine), not an open‑market sale.
Key Details
- Transaction date: 2026-04-01; repurchase price: $83.12 per share.
- Shares involved: 4,832 shares; transaction value: $401,636.
- Transaction code: F (tax withholding on vested restricted stock).
- Footnotes: F1 indicates the shares were restricted stock that vested; F2 notes the company effectively repurchased the shares at $83.12 to satisfy the holder’s required tax withholding.
- Shares owned after the transaction: not specified in the provided filing.
- Filing: Form 4 filed 2026-04-06 (five days after the transaction); Form 4s are normally due within two business days, so this filing appears later than typical.
Context
- This was a withholding/repurchase tied to vesting of restricted stock (a common administrative event) rather than an open-market sale. Such tax-withholding dispositions are routine and do not necessarily indicate a change in the insider’s view of the company.