An amended ownership statement for Amaresh Siva Nilakanta, Chief Information and Technology Officer of Alaska Air Group, Inc. (NYSE:ALK), was filed on November 9, 2026, correcting a reporting error from an original filing dated November 4, 2026.

Key Highlights

  • Error correction: The amendment removes a previously reported grant of 13,060 restricted stock units that the filing states "did not in fact occur" due to an administrative error.
  • Valid RSU grant retained: A separate grant of 59,600 restricted stock units awarded on November 2, 2026, is confirmed and remains on record as directly owned.
  • Vesting schedule (59,600 RSUs): Units vest in four equal installments of 14,900 shares on May 2, 2027; November 2, 2027; May 2, 2028; and November 2, 2028.
  • Beneficial ownership restated: Following removal of the erroneous 13,060-unit entry, the filing reports 59,600 derivative securities beneficially owned directly.
  • Transaction price: Both RSU entries carry a derivative security price of $0, according to the filing.
  • Signing authority: The amended statement was signed by Howard Kuppler acting under power of attorney on November 9, 2026.

Administrative Error Prompts Amended Ownership Filing for Alaska Air Group Officer

Alaska Air Group, the Seattle-based airline holding company whose common stock trades on the New York Stock Exchange, operates Alaska Airlines and Hawaiian Airlines. Amaresh Siva Nilakanta serves as Chief Information and Technology Officer. According to the amended filing, an original statement submitted on November 4, 2026, incorrectly reported a derivative grant of 13,060 restricted stock units awarded on November 2, 2026. The filing states that the grant "was reported in error and did not in fact occur," and the amendment removes that entry entirely from Table II.

The amendment confirms that a separate grant of 59,600 restricted stock units, also dated November 2, 2026, is legitimate. The filing explains that each restricted stock unit "represents a contingent right to receive one share of ALK common stock." Those 59,600 units vest in four equal installments of 14,900 shares on each of May 2, 2027; November 2, 2027; May 2, 2028; and November 2, 2028. The beneficial ownership figure in column 9 has been adjusted to reflect only the confirmed 59,600 units held directly, with no indirect holdings reported for this security.

The original filing had also listed a separate 13,060-unit RSU entry with a three-year vesting schedule spanning November 2, 2027 through November 2, 2029. That entry, along with its associated vesting terms, has been fully removed in this amendment. The filing notes the correction was made to reflect the "correct beneficial ownership balance" following discovery of the administrative error.

What Was Disclosed

The amended filing corrects a November 4, 2026, ownership statement for Alaska Air Group's Chief Information and Technology Officer by removing an erroneously reported grant of 13,060 RSUs and confirming a valid grant of 59,600 RSUs vesting through November 2, 2028.