Berry Jason M 4

4 · ALASKA AIR GROUP, INC. · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 17, 2026

Alaska Air (ALK) COO Jason Berry Receives RSUs; 1,700 Shares Withheld

What Happened

Jason M. Berry, Chief Operating Officer of Alaska Air Group (ALK), had RSUs vest on February 13, 2026 converting into 5,127 shares (2,400 + 2,727). To satisfy tax withholding obligations, 1,700 shares were withheld by the issuer at $55.27 per share, totaling $93,959. That leaves a net delivery of 3,427 shares to Mr. Berry. The transaction is a vesting/settlement of restricted stock units (award), not an open‑market purchase or sale.

Key Details

Transaction date: February 13, 2026; Form filed February 17, 2026 (timely).
Vesting/derivative conversion codes: M (exercise/conversion of derivative — here RSU settlement); F (payment of exercise price or tax liability — share withholding).
Shares vested: 5,127 total (2,400 + 2,727). Shares withheld for taxes: 1,700 at $55.27 each = $93,959. Net shares received: 3,427.
Shares owned after transaction: not specified in the filing.
Relevant footnotes: F1—each RSU equals one share; F2—withheld shares were an exempt disposition to the issuer under Rule 16b‑3(e) to satisfy tax withholding; F3—RSUs vested 100% on Feb 13, 2026; F4—these RSUs were from a Mar 19, 2024 grant with a multi‑year vesting schedule.

Context

This was a scheduled RSU vesting event settled in shares with share‑for‑tax withholding (a common, administrative transaction). M-code entries reflect conversion of RSUs into shares; F-code entries reflect shares withheld to cover tax obligations. Such vesting/withholding transactions are routine and do not by themselves indicate an economic view on the stock.

Form 4

Period: 2026-02-13

EVP Chief Operating Officer

Transactions

Exercise/Conversion
COMMON STOCK
[F1]
2026-02-13+2,400→ 12,077 total
Tax Payment
COMMON STOCK
[F2]
2026-02-13$55.27/sh−608$33,604→ 11,469 total
Exercise/Conversion
COMMON STOCK
[F1]
2026-02-13+2,727→ 14,196 total
Tax Payment
COMMON STOCK
[F2]
2026-02-13$55.27/sh−1,092$60,355→ 13,104 total
Exercise/Conversion
RESTRICTED STOCK UNITS
[F1][F3]
2026-02-13−2,400→ 0 total
Exercise: $0.00→ COMMON STOCK (2,400 underlying)
Exercise/Conversion
RESTRICTED STOCK UNITS
[F1][F4]
2026-02-13−2,727→ 2,727 total
Exercise: $0.00→ COMMON STOCK (2,727 underlying)

Footnotes (4)

[F1]Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
[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 RSUs and settled with shares by the reporting person.
[F3]The RSUs vest as to 100% of the shares granted on February 13, 2026.
[F4]The RSUs vesting were from a grant of 8,180 shares awarded on March 19, 2024, that have vested or will vest as to 2,726 shares on February 13, 2025; 2,727 shares on February 13, 2026; and 2,727 shares on February 13, 2027.

Signature

/s/ Howard Kuppler, by power of attorney|2026-02-17

1 file