Form 4 for ALK ALASKA AIR GROUP, INC.

Accepted 2025-05-12 00:00:00 ET · period of report 2025-05-08 · accession 0001841043-25-000002 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2025-05-12	2025-05-08	ALK	ELWELL DANIEL KEVIN	Dir	A - Grant	$52.77	+2,653	13.1K	+25%	+$140.0K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	COMMON STOCK	2025-05-08	A	A	1,326	$52.77	11,805	D	—	—	(F1) Shares of Alaska Air Group, Inc. (the "Issuer") common stock granted under the Issuer's 2016 Performance Incentive Plan in connection with the reporting person's re-election to serve on the Issuer's Board of Directors until the 2026 Annual Stockholders Meeting.
2	Common	COMMON STOCK	2025-05-08	A	A	1,327	$52.77	13,132	D	—	—	(F2) Deferred stock units (DSUs) granted under the Alaska Air Group, Inc. (the "Issuer") 2016 Performance Incentive Plan in connection with the reporting person's re-election to serve on the Board of Directors until the 2026 Annual Stockholders Meeting. The DSUs are 100% vested and payable in shares of the Issuer's common stock on a one-for-one basis following the resignation of the reporting person from the Issuer's Board of Directors. (F3) Includes 8,388 DSUs previously granted under the Alaska Air Group, Inc. (the "Issuer") 2016 Performance Incentive Plan. The DSUs are 100% vested on the date of grant and issuable in common stock upon resignation from the Issuer's Board of Directors.