A Form 4 filed on September 21, 2026, reported two transactions by Robert D. Isom Jr., CEO and President of American Airlines Group Inc. (NASDAQ:AAL), involving shares withheld by the issuer on September 20, 2026, to cover tax obligations tied to the vesting of restricted stock units.

Key Highlights

  • Reporting person: Robert D. Isom Jr., CEO and President of American Airlines Group Inc., also listed as a Director.
  • First transaction: 169,483 shares of Common Stock disposed of (code F) at $12.96 per share on September 20, 2026.
  • Second transaction: 165,716 shares of Common Stock disposed of (code F) at $12.96 per share on September 20, 2026.
  • Purpose of disposals: Both transactions were shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units, according to the filing's footnote.
  • Resulting ownership: Following the first transaction, beneficial ownership stood at 3,624,796 shares; following the second, it stood at 3,459,080 shares, both held directly.
  • Filed by: Michelle A. Earley, acting with Power of Attorney, signed the form on September 21, 2026.

Tax Withholding Transactions Reduce Isom's Direct Share Position

According to the filing, Robert D. Isom Jr., who serves as both CEO and President and is listed as a Director of American Airlines Group Inc. (NASDAQ:AAL), was the subject of two share-disposal transactions on September 20, 2026. Both transactions carried transaction code "F," which the filing's footnote explains represents shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units. No open-market sale is indicated by either transaction.

The filing reports that 169,483 shares were disposed of in the first transaction at a price of $12.96, reducing Isom's directly held beneficial ownership to 3,624,796 shares. A second disposal of 165,716 shares, also at $12.96, further reduced his directly held position to 3,459,080 shares. Both disposals are reported as direct ownership, with no indirect beneficial ownership positions listed in Table I.

Table II of the filing, covering derivative securities such as options or warrants, contains no reported transactions. The form was filed by one reporting person and was signed by Michelle A. Earley under a Power of Attorney on September 21, 2026. No amendment to a prior filing is indicated.

What Was Disclosed

The filing disclosed two tax-withholding share disposals by American Airlines Group's CEO and President on September 20, 2026, totaling 335,199 shares of Common Stock at $12.96 per share, with a resulting directly held position of 3,459,080 shares.