Neal Robert James 4
Research Summary
AI-generated summary
Allegiant (ALGT) President & CFO Neal James Sells 179 Shares for Tax Withholding
What Happened
Neal Robert James, President and CFO of Allegiant Travel Co. (ALGT), had 179 restricted shares withheld/repurchased by the company to cover tax withholding upon vesting. The repurchase price was $82.84 per share, resulting in $14,828 withheld on April 3, 2026. The Form 4 covering this transaction was filed on April 6, 2026.
Key Details
- Transaction date: 2026-04-03; Filing date: 2026-04-06 (Form 4 accession 0001964741-26-000003).
- Transaction code: F — tax withholding on vested restricted stock.
- Shares affected: 179 repurchased/withheld at $82.84 per share; total value $14,828.
- Footnotes: F1 notes the shares were restricted stock that vested over time; F2 states the company effectively repurchased the shares at $82.84 to satisfy the tax withholding.
- Shares owned after transaction: Not specified in the filing.
Context
This was a tax-withholding repurchase tied to vesting of restricted stock, a routine administrative action (not an open-market sale or a voluntary disposition). Such withholding transactions are typical when equity awards vest and do not necessarily indicate the insider’s view of the company.