Richmond Anthony J. 4

What Happened Anthony J. Richmond, EVP and Chief Legal Officer of American Airlines Group Inc. (AAL), received a grant of 241,638 restricted stock units (RSUs) on February 17, 2026. The RSUs were reported at a grant price of $0.00 (typical for equity awards) and will convert into shares if and when they vest under the award terms. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-17; Reported grant: 241,638 RSUs; Reported price: $0.00.
• Filing date: 2026-02-19 (timely filing).
• Shares owned after transaction: not specified in the provided Form 4.
• Footnote (F1): The RSU award vests over three years — 16.67% vests each anniversary for years 1–3 based on continued service; an additional 50% of the grant vests at the third anniversary only if performance goals are met and service continues. The performance portion may pay between 0% and 200% of the target; the table assumes the performance portion vests at 100%.
• No 10b5-1 plan, tax‑withholding, or late‑filing flag noted in the provided data.

Context RSU grants are a standard form of executive compensation and do not represent an immediate cash outlay or market purchase. Vesting is tied to continued service and performance metrics, so the eventual number of shares and any value realized will depend on meeting those conditions. Awards should be viewed as compensation-based rather than a direct insider signal to buy or sell stock.