Allegiant (ALGT) EVP Drew Allen Withholds Shares for Taxes

What Happened

• Drew Allen, Executive Vice President and Chief Commercial Officer of Allegiant Travel Co. (ALGT), had 1,113 vested restricted shares withheld/returned to the company to satisfy tax withholding obligations. The company effectively repurchased those shares at $77.26 per share, for a total value of approximately $85,990. This was a routine tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-23; Filing date: 2026-09-25 (timely filing).
• Price per share: $77.26; Shares involved: 1,113; Total value: ~$85,990.
• Transaction code: F — payment of exercise price or tax liability via withholding/repurchase.
• Footnotes: F1 indicates these were restricted stock grants that vested over time and a portion of vested shares was returned for tax withholding. F2 states the company repurchased the withheld shares at $77.26 to cover the tax obligation.
• Shares owned after transaction: not specified in the provided filing summary.

Context

• This type of transaction is a common, routine tax-withholding event when restricted stock vests. It is typically administrative and should not be interpreted as a directional buy/sell signal about the executive’s view of the company.