Shane R. Tackett, EVP and CFO of Alaska Air Group (ALK), has demonstrated a clear selling bias in his recent insider transactions, with $6.23 million in total sales outweighing $1.14 million in purchases across 29 reported trades. His activity has been concentrated exclusively in ALK shares, with four sales in February 2026 alone totaling $1.37 million—the largest being a $550,007 disposition on February 5 followed by a $1.37 million sale on February 18. Earlier transactions show a similar pattern, including a $1.73 million sale on February 10, 2025, and a $285,315 transaction on August 13, 2025.
The filings reveal that Tackett’s acquisitions primarily occurred through derivative transactions marked as "M" (acquired upon conversion/exercise of derivative security) and "A" (award), with notable purchases including $731,969 and $331,854 in ALK shares on February 10, 2025. However, these were offset by larger and more frequent sales, particularly in early 2025 and 2026. The absence of recent buys—coupled with multiple high-value sales—suggests a consistent reduction in his ALK holdings over the past two years. The transactions, while routine for an executive managing equity compensation, reflect a net divestment trend during this period.
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