Pieper Nathaniel 4
4 · American Airlines Group Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
American Airlines (AAL) EVP Nathaniel Pieper Receives RSU Award
What Happened
Nathaniel Pieper, EVP & Chief Commercial Officer of American Airlines (AAL), received a grant of 216,722 restricted stock units (RSUs) on 2026-02-17. The Form 4 lists the acquisition price as $0.00 (typical for equity awards). This is an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-17 (Form 4 filed 2026-02-19 — filed within the typical two-business-day window).
- Amount granted: 216,722 RSUs at $0.00 (no cash paid at grant).
- Shares owned after transaction: not reported in the provided filing.
- Footnote: RSUs vest over three years — 16.67% of the grant vests for continued service at each of the first, second and third anniversaries (service-based portion), and 50% of the grant is performance-based and vests only if performance goals are met with continued service through the third anniversary. The performance portion may pay between 0% and 200% of that portion; the table assumes the performance portion vests at 100%.
- No indication of a sale, tax withholding, 10b5-1 plan, or other special handling in the provided data.
Context
RSUs are time- and/or performance-based equity awards that convert into company shares if and when they vest. This grant does not represent an immediate purchase or sale and does not by itself signal trading intent; the value realized will depend on future vesting and American Airlines’ stock price at vesting (and on whether performance goals are met for the performance portion).
Insider Transaction Report
- Award
common stock
[F1]2026-02-17+216,722→ 239,210 total
Footnotes (1)
- [F1]Restricted Stock Unit award that vests over three years, with 16.67 percent of the grant vesting based on continued service through the first, second, and third anniversaries of the grant date, and 50 percent of the grant vesting in the event certain performance goals are achieved and there is continuous service through the third anniversary of the grant date. For the portion of the Restricted Stock Unit award that vests based on performance, the number of shares to be issued may vary between zero percent and two hundred percent of the number of Restricted Stock Units depending on relative and absolute performance, and no such shares will be issued if threshold performance is not achieved. The number of shares shown in the table assumes the performance-based portion of the Restricted Stock Unit award vests at one hundred percent.