Berry Jason M 4

4 · ALASKA AIR GROUP, INC. · Filed Feb 12, 2026

AI-generated summary of this filing

Updated Feb 13, 2026

Alaska Air (ALK) COO Jason Berry Receives Stock Awards

What Happened

Jason M. Berry, Chief Operating Officer of Alaska Air Group (ALK), received equity awards on Feb 10, 2026. He had 2,375 shares issued upon vesting of Performance Stock Units (PSUs) and was granted 19,810 restricted stock units (RSUs). No cash was paid for these awards (acquired at $0.00). Separately, 704 shares were surrendered/withheld to satisfy tax withholding at $59.14 per share, a value of $41,635.

Key Details

Transaction date: February 10, 2026 (Form 4 filed Feb 12, 2026 — timely within the two-business-day window).
Transactions reported: A = Award/Grant (2,375 shares; 19,810 RSUs); F = Shares withheld to satisfy tax liability (704 shares disposed) at $59.14/share (total $41,635).
Shares owned after transaction: Not provided in the supplied data.
Footnotes of note:
- F1: The 2,375-share acquisition resulted from PSU vesting based on performance for the three-year period ending Dec 31, 2025, certified Feb 10, 2026.
- F2: The 704 shares were an exempt disposition to the issuer under Rule 16b-3(e) to satisfy tax withholding (settled with shares).
- F3/F4: The 19,810 RSUs are contingent rights to one share each and vest in three installments: 6,603 on Feb 10, 2027; 6,603 on Feb 10, 2028; 6,604 on Feb 10, 2029.
Transaction codes: A = Award/Grant; F = Tax withholding/exempt disposition.

Context

This filing reflects compensation-related vesting and new equity grants (PSU vesting + RSU grant), not an open-market buy or sell by the insider. The 704-share withholding is a routine tax withholding event, not a market sale signal. Awards like PSUs/RSUs are common executive compensation and do not by themselves indicate bullish or bearish insider trading intent.

Form 4

Period: 2026-02-10

EVP Chief Operating Officer

Transactions

Award
COMMON STOCK
[F1]
2026-02-10+2,375→ 8,039 total
Tax Payment
COMMON STOCK
[F2]
2026-02-10$59.14/sh−704$41,635→ 7,335 total
Award
RESTRICTED STOCK UNITS
[F3][F4]
2026-02-10+19,810→ 19,810 total
→ COMMON STOCK (19,810 underlying)

Footnotes (4)

[F1]The acquisition resulted from the vesting of Performance Stock Units (PSUs) pursuant to the attainment of certain performance goals over a three-year period ending December 31, 2025, in accordance with the terms of a PSU award granted under the Issuer's 2016 Performance Incentive Plan and upon certification of performance results by the Board's Compensation Committee on February 10, 2026.
[F2]The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of PSUs and settled with shares by the reporting person.
[F3]Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
[F4]The RSUs vest in three annual installments as follows: 6,603 shares on February 10, 2027; 6,603 shares on February 10, 2028; and 6,604 shares on February 10, 2029.

Signature

/s/ Howard Kuppler, by power of attorney|2026-02-11

1 file