VON MUEHLEN CONSTANCE E 4
4 · ALASKA AIR GROUP, INC. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Alaska Air (ALK) EVP Constance Von Muehlen Receives Award, Withholds Shares
What Happened Constance Von Muehlen, EVP & Advisor to the COO of Alaska Air Group (ALK), received 13,025 shares on February 10, 2026 as the vesting of Performance Stock Units (PSUs) (award code A). To satisfy tax withholding obligations, 3,367 of those shares were withheld (disposition code F) at $59.14 per share, generating $199,124. Net shares delivered to the reporting person after withholding were 9,658. The grant was the result of PSU performance measured over a three‑year period ending December 31, 2025 and certified by the Board’s Compensation Committee.
Key Details
- Transaction dates: Period of report Feb 10, 2026; Form filed Feb 12, 2026 (appears timely).
- Award: 13,025 shares acquired (vested PSUs) at $0 acquisition price per filing.
- Withholding: 3,367 shares withheld at $59.14/share = $199,124 to cover taxes (exempt disposition to issuer under Rule 16b‑3(e)).
- Net shares received: 9,658 (13,025 − 3,367).
- Footnotes: F1—vesting due to attainment of multi‑year performance goals under the 2016 Performance Incentive Plan; F2—shares withheld to satisfy tax withholding, settled with shares.
- Shares owned after the transaction: Not stated in the provided filing excerpt.
Context This was a compensation-related vesting event, not an open‑market purchase or sale. Withholding shares to cover taxes is a routine administrative action and does not necessarily signal insider sentiment about the stock. For derivative/award transactions like PSUs, the key signal is the award and vesting itself rather than the withholding step.
Insider Transaction Report
- Award
COMMON STOCK
[F1]2026-02-10+13,025→ 33,051 total - Tax Payment
COMMON STOCK
[F2]2026-02-10$59.14/sh−3,367$199,124→ 29,684 total
- 938(indirect: By Spouse)
COMMON STOCK
Footnotes (2)
- [F1]The acquisition resulted from the vesting of Performance Stock Units (PSUs) pursuant to the attainment of certain performance goals over a three-year period ending December 31, 2025, in accordance with the terms of a PSU award granted under the Issuer's 2016 Performance Incentive Plan and upon certification of performance results by the Board's Compensation Committee on February 10, 2026.
- [F2]The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of PSUs and settled with shares by the reporting person.