Farmer Kathryn M 4

What Happened Kathryn M. Farmer, a director of American Airlines Group Inc. (AAL), was granted 11,177 restricted stock units (RSUs) on June 10, 2026. The Form 4 reports the award as an acquisition (code A) at $0.00 per share (total reported value $0 at grant). This is a grant of equity compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (timely filing).
• Transaction type/code: Award/grant (A).
• Shares/units granted: 11,177 RSUs; reported acquisition price $0.00 (typical for RSU grants).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: RSUs vest in full on the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to continued service (vesting condition).
• No 10b5-1 plan, tax-withholding sale, or option exercise reported.

Context Restricted stock units are a form of deferred equity compensation that convert into actual shares (or their cash equivalent) only upon vesting; they do not represent immediately tradable shares. The economic value of the grant will depend on AAL’s stock price at vesting and continued service through the vesting date. Grants to directors are a routine part of compensation and do not, by themselves, indicate management trading intentions.