Wells Drew Allen 4
4 · Allegiant Travel CO · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Allegiant EVP Wells Drew Allen Sells 179 Shares for Tax Withholding
What Happened
- Wells Drew Allen, Executive Vice President and Chief Commercial Officer of Allegiant Travel Co. (ALGT), had 179 shares disposed of on April 3, 2026 to satisfy tax withholding obligations tied to vested restricted stock. The shares were repurchased at $82.84 per share for a total of $14,828. This was a tax-withholding disposition rather than an open-market sale.
Key Details
- Transaction date: 2026-04-03; Filing date: 2026-04-06 (timely filing).
- Shares disposed: 179 at $82.84 per share; total value: $14,828.
- Transaction code: F (payment of exercise price or tax liability / tax withholding).
- Footnotes: F1/F2 indicate restricted stock vested and a portion of vested shares was returned to the company for tax withholding; company repurchased those shares at $82.84 each.
- Shares owned after transaction: not specified in the provided filing summary.
Context
- This was a routine cashless withholding to cover taxes on vested restricted stock—not an active sale designed to raise cash or express a trading view. Such withholding transactions are common after vesting and generally not treated as a directional insider buy or sell signal.
Insider Transaction Report
Form 4
Wells Drew Allen
EVP, Chief Commercial Officer
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-04-03$82.84/sh−179$14,828→ 35,192 total
Footnotes (2)
- [F1]Beneficial owner granted shares of restricted stock with vesting over time. Upon vesting, beneficial owner returned to Company a portion of the vested shares for tax withholding purposes.
- [F2]Shares of restricted stock effectively repurchased by Company at $82.84 per share to fund beneficial owner's required tax withholding.
Signature
Robert B. Goldberg, under power of attorney|2026-04-06