Jason M. Berry - Feb 11, 2025 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role: EVP AAG Cargo & Pres Horizon
Signature: /s/ Howard Kuppler, by power of attorney
Stock symbol: ALK
Transactions as of: Feb 11, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/11/2025, 08:05 PM
Previous filing: Sep 24, 2024
Next filing: Feb 18, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ALK	COMMON STOCK						1.34K	Feb 11, 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ALK	RESTRICTED STOCK UNITS	Award	$0	+9.29K		$0.00	9.29K	Feb 11, 2025	COMMON STOCK	9.29K	$0.00	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares acquired under the Alaska Air Group, Inc. Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2	Restricted Stock Units (RSUs) convert to common stock on a one-for-one basis.
F3	The RSUs vest in 1/3 increments over three years (2/11/2026, 2/11/2027, and 2/11/2028).