CONSTANCE E. VON MUEHLEN - 10 Feb 2026 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Signature
/s/ Howard Kuppler, by power of attorney
Issuer symbol
ALK
Transactions as of
10 Feb 2026
Net transactions value
-$199,124
Form type
4
Filing time
12 Feb 2026, 19:29:13 UTC
Previous filing
02 Jun 2025
Next filing
13 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
VON MUEHLEN CONSTANCE E EVP & Advisor to COO ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE /s/ Howard Kuppler, by power of attorney 11 Feb 2026 0001855774

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Award $0 +13,025 +65% $0.000000 33,051 10 Feb 2026 Direct F1
transaction ALK COMMON STOCK Tax liability $199,124 -3,367 -10% $59.14 29,684 10 Feb 2026 Direct F2
holding ALK COMMON STOCK 938 10 Feb 2026 Held by Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquisition resulted from the vesting of Performance Stock Units (PSUs) pursuant to the attainment of certain performance goals over a three-year period ending December 31, 2025, in accordance with the terms of a PSU award granted under the Issuer's 2016 Performance Incentive Plan and upon certification of performance results by the Board's Compensation Committee on February 10, 2026.
F2 The shares withheld were an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of PSUs and settled with shares by the reporting person.