Owens Angela 4
Research Summary
AI-generated summary
American Airlines SVP Angela Owens Receives RSU Award
What Happened
- Angela Owens, Senior Vice President & Corporate Controller at American Airlines Group (AAL), was granted 100,625 restricted stock units (RSUs) on 2026-02-17 (reported on Form 4). The grant is reported at $0.00 (typical for RSU awards).
- On 2026-02-18, 11,849 shares were withheld by the issuer to cover applicable withholding taxes related to the vesting of the RSUs. Those withheld shares are reported at $14.10 per share, for a withholding value of $167,071. This withholding is a routine tax payment, not an open-market sale.
Key Details
- Transaction types/codes: A = Award/Grant (100,625 RSUs on 2026-02-17); F = Shares withheld for taxes (11,849 shares on 2026-02-18).
- Prices and values: Award listed at $0.00; tax-withheld shares: 11,849 × $14.10 = $167,071.
- Vesting: Footnote indicates the RSU award vests over three years, with ~33.33% vesting each year (F1).
- Withholding note: Shares were withheld by the issuer to cover taxes (cashless withholding), per footnote (F2).
- Shares owned after the transaction: Not disclosed in the Form 4 filing.
- Filing timeliness: Report filed 2026-02-19 for transactions on 2026-02-17/18 — appears timely (no late filing flagged).
Context
- RSU grants are a common form of long-term compensation; the withholding of shares to cover taxes is routine and does not indicate a market sale by the insider.
- Because the withheld shares were used to satisfy tax obligations, this is not a market disposition that would signal selling pressure.