Berry Jason M 4

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.