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Insider Dumps 5,300 Shares of Major U.S. Airline

The Motley Fool·
Insider Dumps 5,300 Shares of Major U.S. Airline

Andrew R. Harrison, EVP and CCO of Alaska Air Group, sold 5,300 shares (17% reduction) at a weighted average price of $49.67 per share for approximately $263,000. The executive retains $1.28 million in direct holdings. The sale occurs amid Alaska Air's underperformance relative to the S&P 500, with the airline facing headwinds from increased debt ($5 billion), volatile fuel costs, and recent losses from the Hawaiian Airlines acquisition.

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