Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Sep 22, 2026
Reporting period
Not applicable
Filed with the SEC
Sep 24, 2026
CEOOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references tax withholding
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001451455-26-000013
Filed / recorded
Sep 24, 2026, 9:31 PM UTC
Added to OQRO
Oct 6, 2026, 4:40 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
ALASKA AIR GROUP, INC.
Issuer CIK
766421
Ticker
ALK
Reporting person
Benito Minicucci
Relationship
Director, Officer
Officer title
CEO AND PRESIDENT
Security
RESTRICTED STOCK UNITS
Table
Derivative (Table II)
Transaction date
Sep 22, 2026
Transaction code
M
Shares / units
2,698
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
69,612
Ownership form
Direct
Amendment
No
Footnotes from the filing
Each restricted stock unit (RSUs) represents a contingent right to receive one share of ALK common stock.
The 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).
The RSUs being disposed were from a grant of 72,310 RSUs that subsequent to the reported transaction will now vest in three annual installments as follows: 21,405 shares on February 10, 2027; 24,103 shares on February 10, 2028; and 24,104 shares on February 10, 2029.
