Seymour David 4
Research Summary
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American Airlines (AAL) COO David Seymour Receives RSU Award
What Happened David Seymour, Chief Operating Officer of American Airlines Group (AAL), received a grant of 321,756 restricted stock units (RSUs) on 2026-02-17 (transaction code A). On 2026-02-18, 9,055 shares were withheld by the issuer to cover applicable withholding taxes (transaction code F) at $14.10 per share, totaling $127,676. Assuming the performance portion vests at 100%, the net shares issued after tax withholding would be 312,701.
Key Details
- Transactions: 2026-02-17 — Award of 321,756 RSUs at $0.00 (A); 2026-02-18 — 9,055 shares withheld for taxes at $14.10/share, $127,676 (F).
- Shares owned after transaction: Net of the withholding, 312,701 RSUs would remain issued to the insider assuming 100% performance vesting (filing notes that performance-based amounts may vary).
- Footnotes: F1 — RSUs vest over three years with a service-based tranche (16.67% each year) and a performance-based tranche that can range from 0%–200% (table assumes 100% performance). F2 — Beneficial ownership reported reflects forfeiture of previously reported performance-based RSUs. F3 — The 9,055-share entry is withholding to cover taxes.
- Timeliness: Filed 2026-02-19 for a 2026-02-17 transaction — the Form 4 appears timely (filed within required reporting window).
Context
- This filing documents an equity award (not an open-market purchase or sale). The withholding of shares for taxes is routine following RSU vesting and does not necessarily indicate the insider selling shares for other reasons.
- The performance portion of the grant is variable (0–200%); the reported number assumes 100% payout.