SEC Form 4 · accession 0001715974-26-000009
ALASKA AIR GROUP, INC. · ALK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea L Schneider
Officer — Pres & CEO Horizon Airlines
Period of report
Sep 22, 2026
Accepted (ET)
Sep 24, 2026 · 5:35 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000766421
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF2 | Sep 22, 2026 | M | 48 | $0.00 | A | 45,237 | D | |
| COMMON STOCK | Sep 22, 2026 | F | 48 | $41.91 | D | 45,189 | D | |
| COMMON STOCKF2 | Sep 22, 2026 | M | 499 | $0.00 | A | 45,688 | D | |
| COMMON STOCK | Sep 22, 2026 | F | 499 | $41.91 | D | 45,189 | D | |
| COMMON STOCK | holding | — | — | — | 15 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITSF2,F3 | — | Sep 22, 2026 | M | 48 | D | — | — | COMMON STOCK | 48 | 1,232 | D |
| RESTRICTED STOCK UNITSF2,F4 | — | Sep 22, 2026 | M | 499 | D | — | — | COMMON STOCK | 499 | 12,871 | D |
Explanation of responses
- F1The transactions reported on Table I and Table II represent the simultaneous settlement of a portion of unvested RSUs and the subsequent withholding of the underlying shares by the Issuer solely to satisfy mandatory FICA and related payroll tax obligations triggered by the original RSU grant no longer being subject to a substantial risk of forfeiture. No actual shares of common stock were delivered to or sold by the Reporting Person. The remaining underlying RSUs continue to be unvested and subject to the original time-based vesting conditions the award was granted under. These transactions are exempt from Section 16(b) pursuant to Rule 16b-3(e).
- F2Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
- F3The RSUs being disposed were from a grant of 1,280 RSUs that subsequent to the reported transaction will now vest in three annual installments as follows: 378 shares on November 3, 2026; 427 shares on November 3, 2027; and 427 shares on November 3, 2028.
- F4The RSUs being disposed were from a grant of 13,370 RSUs that subsequent to the reported transaction will now vest in three annual installments as follows: 3,957 shares on February 10, 2027; 4,457 shares on February 10, 2028; and 4,457 shares on February 10, 2029.