Berry Jason M 4

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.