[Form 4] American Airlines Group Inc. Insider Trading Activity
American Airlines Group Inc. insider Seymour David, EVP Chief Operating Officer, reported acquisition of 151,860 restricted stock units (RSUs) on 08/18/2025 under a grant that vests on the second anniversary if specified two-year performance goals are met and service continues. The filing shows 1,042,283 shares beneficially owned after the grant. The RSUs carry no purchase price and may pay out between 50% and 200% of the award depending on performance; if threshold performance is unmet, no shares will be issued. The report was signed by Michelle Earley by power of attorney on 08/20/2025.
Seymour David, EVP e Chief Operating Officer di American Airlines Group Inc., ha dichiarato l'acquisizione di 151.860 unit脿 azionarie vincolate (RSU) il 18/08/2025, previste da una concessione che matura al secondo anniversario se vengono raggiunti i target di performance biennali specificati e la prestazione di servizio continua. La comunicazione riporta 1.042.283 azioni detenute beneficiariamente dopo la concessione. Le RSU non prevedono alcun prezzo di acquisto e possono essere corrisposte tra il 50% e il 200% dell'assegnazione in base alla performance; se viene mancata la soglia minima, non saranno emesse azioni. Il documento 猫 stato firmato da Michelle Earley per procura il 20/08/2025.
Seymour David, EVP y Chief Operating Officer de American Airlines Group Inc., inform贸 la adquisici贸n de 151.860 unidades de acciones restringidas (RSU) el 18/08/2025, otorgadas bajo un plan que vence en el segundo aniversario si se cumplen las metas de rendimiento bienales especificadas y contin煤a el servicio. El informe muestra 1.042.283 acciones en propiedad beneficiaria tras la concesi贸n. Las RSU no tienen precio de compra y pueden pagarse entre el 50% y el 200% del premio seg煤n el rendimiento; si no se alcanza el umbral, no se emitir谩n acciones. El reporte fue firmado por Michelle Earley por poder el 20/08/2025.
American Airlines Group Inc.鞚� EVP 瓴� 斓滉碃鞖挫榿毂呾瀯鞛�(Chief Operating Officer) Seymour David電� 2025-08-18鞐� 151,860臧滌潣 鞝滍暅攵� 欤检嫕雼渼(RSU)毳� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞚� 氤挫儊鞚� 歆�鞝曤悳 2雲� 靹标臣 氇╉憸臧� 雼劚霅橁碃 攴检啀鞚� 鞙犾霅� 瓴届毎 2欤茧厔 鞁滌爯鞐� 氩犾姢韺呺惄雼堧嫟. 氤搓碃靹滌棎 霐半ゴ氅� 攵�鞐� 頉� 鞁れ 靻岇湢 欤检嫕鞚� 1,042,283欤检瀰雼堧嫟. 鞚� RSU電� 毵れ瀰 臧�瓴╈澊 鞐嗢溂氅� 靹标臣鞐� 霐半澕 靾橃棳鞎§潣 50%鞐愳劀 200%旯岇 歆�旮夒悹 靾� 鞛堦碃, 斓滌唽 靹标臣 旮办鞚� 於╈”頃橃 氇豁晿氅� 欤检嫕鞚� 歆�旮夒悩歆� 鞎婌姷雼堧嫟. 氤搓碃靹滊姅 2025-08-20鞐� Michelle Earley臧� 鞙勳瀯鞛レ溂搿� 靹滊獏頄堨姷雼堧嫟.
Seymour David, EVP et Chief Operating Officer d'American Airlines Group Inc., a d茅clar茅 l'acquisition de 151鈥�860 unit茅s d'actions restreintes (RSU) le 18/08/2025, dans le cadre d'une attribution qui acquiert des droits au deuxi猫me anniversaire si les objectifs de performance sur deux ans sp茅cifi茅s sont atteints et si le service se poursuit. Le d茅p么t indique 1鈥�042鈥�283 actions d茅tenues b茅n茅ficiairement apr猫s l'attribution. Les RSU ne comportent aucun prix d'achat et peuvent 锚tre vers茅es entre 50% et 200% de l'attribution selon la performance ; si le seuil n'est pas atteint, aucune action ne sera 茅mise. Le rapport a 茅t茅 sign茅 par Michelle Earley par procuration le 20/08/2025.
Seymour David, EVP Chief Operating Officer von American Airlines Group Inc., meldete den Erwerb von 151.860 Restricted Stock Units (RSUs) am 18.08.2025. Die Zuteilung verf盲llt zum zweiten Jahrestag, sofern die festgelegten zweij盲hrigen Leistungsziele erreicht werden und der Dienst fortgesetzt wird. Die Einreichung weist nach der Zuteilung 1.042.283 wirtschaftlich gehaltene Aktien aus. Die RSUs haben keinen Kaufpreis und k枚nnen je nach Leistung zwischen 50% und 200% des Awards auszahlen; wird die Mindestleistungsgrenze nicht erreicht, werden keine Aktien ausgegeben. Der Bericht wurde am 20.08.2025 von Michelle Earley per Vollmacht unterzeichnet.
- Performance-based structure aligns executive pay with multi-year company targets
- Vesting requires continued service, supporting retention
- Clear payout range (50%鈥�200%) provides upside for strong performance
- Payout uncertainty (could be 0% if threshold not met) creates compensation volatility
- Potential dilution from up to 200% payout until final results are determined
Insights
TL;DR: Executive received performance-based RSUs that align compensation with multi-year targets; final payout depends on performance and service.
The grant of 151,860 RSUs is structured as a performance-restricted award with payout range of 50%鈥�200% and a two-year vesting/service condition. This links executive compensation to multi-year operational or financial targets, potentially aligning incentives with shareholder outcomes. The zero price indicates typical equity compensation rather than a purchase. The potential variability in shares introduces dilution uncertainty until performance outcomes are known.
TL;DR: Material-sized award for an EVP that can materially change realized equity depending on performance multiplier.
The assumption that the award vests at 100% yields 151,860 shares added to the executive's 1,042,283 holdings, implying the grant represents ~14.6% of the post-grant beneficial holding shown. The 50%鈥�200% payout range creates upside retention value if targets are exceeded, and zero payout risk if threshold is unmet, which is standard for performance-based equity awards.
Seymour David, EVP e Chief Operating Officer di American Airlines Group Inc., ha dichiarato l'acquisizione di 151.860 unit脿 azionarie vincolate (RSU) il 18/08/2025, previste da una concessione che matura al secondo anniversario se vengono raggiunti i target di performance biennali specificati e la prestazione di servizio continua. La comunicazione riporta 1.042.283 azioni detenute beneficiariamente dopo la concessione. Le RSU non prevedono alcun prezzo di acquisto e possono essere corrisposte tra il 50% e il 200% dell'assegnazione in base alla performance; se viene mancata la soglia minima, non saranno emesse azioni. Il documento 猫 stato firmato da Michelle Earley per procura il 20/08/2025.
Seymour David, EVP y Chief Operating Officer de American Airlines Group Inc., inform贸 la adquisici贸n de 151.860 unidades de acciones restringidas (RSU) el 18/08/2025, otorgadas bajo un plan que vence en el segundo aniversario si se cumplen las metas de rendimiento bienales especificadas y contin煤a el servicio. El informe muestra 1.042.283 acciones en propiedad beneficiaria tras la concesi贸n. Las RSU no tienen precio de compra y pueden pagarse entre el 50% y el 200% del premio seg煤n el rendimiento; si no se alcanza el umbral, no se emitir谩n acciones. El reporte fue firmado por Michelle Earley por poder el 20/08/2025.
American Airlines Group Inc.鞚� EVP 瓴� 斓滉碃鞖挫榿毂呾瀯鞛�(Chief Operating Officer) Seymour David電� 2025-08-18鞐� 151,860臧滌潣 鞝滍暅攵� 欤检嫕雼渼(RSU)毳� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞚� 氤挫儊鞚� 歆�鞝曤悳 2雲� 靹标臣 氇╉憸臧� 雼劚霅橁碃 攴检啀鞚� 鞙犾霅� 瓴届毎 2欤茧厔 鞁滌爯鞐� 氩犾姢韺呺惄雼堧嫟. 氤搓碃靹滌棎 霐半ゴ氅� 攵�鞐� 頉� 鞁れ 靻岇湢 欤检嫕鞚� 1,042,283欤检瀰雼堧嫟. 鞚� RSU電� 毵れ瀰 臧�瓴╈澊 鞐嗢溂氅� 靹标臣鞐� 霐半澕 靾橃棳鞎§潣 50%鞐愳劀 200%旯岇 歆�旮夒悹 靾� 鞛堦碃, 斓滌唽 靹标臣 旮办鞚� 於╈”頃橃 氇豁晿氅� 欤检嫕鞚� 歆�旮夒悩歆� 鞎婌姷雼堧嫟. 氤搓碃靹滊姅 2025-08-20鞐� Michelle Earley臧� 鞙勳瀯鞛レ溂搿� 靹滊獏頄堨姷雼堧嫟.
Seymour David, EVP et Chief Operating Officer d'American Airlines Group Inc., a d茅clar茅 l'acquisition de 151鈥�860 unit茅s d'actions restreintes (RSU) le 18/08/2025, dans le cadre d'une attribution qui acquiert des droits au deuxi猫me anniversaire si les objectifs de performance sur deux ans sp茅cifi茅s sont atteints et si le service se poursuit. Le d茅p么t indique 1鈥�042鈥�283 actions d茅tenues b茅n茅ficiairement apr猫s l'attribution. Les RSU ne comportent aucun prix d'achat et peuvent 锚tre vers茅es entre 50% et 200% de l'attribution selon la performance ; si le seuil n'est pas atteint, aucune action ne sera 茅mise. Le rapport a 茅t茅 sign茅 par Michelle Earley par procuration le 20/08/2025.
Seymour David, EVP Chief Operating Officer von American Airlines Group Inc., meldete den Erwerb von 151.860 Restricted Stock Units (RSUs) am 18.08.2025. Die Zuteilung verf盲llt zum zweiten Jahrestag, sofern die festgelegten zweij盲hrigen Leistungsziele erreicht werden und der Dienst fortgesetzt wird. Die Einreichung weist nach der Zuteilung 1.042.283 wirtschaftlich gehaltene Aktien aus. Die RSUs haben keinen Kaufpreis und k枚nnen je nach Leistung zwischen 50% und 200% des Awards auszahlen; wird die Mindestleistungsgrenze nicht erreicht, werden keine Aktien ausgegeben. Der Bericht wurde am 20.08.2025 von Michelle Earley per Vollmacht unterzeichnet.
FAQ
What did Seymour David report on Form 4 for AAL?
How many AAL shares does Seymour David beneficially own after the grant?
What are the performance and payout terms of the RSU grant?
Was there any purchase price for the awarded RSUs?
Who signed the Form 4 and when?
