Alaska Air Group DEF 14A: Executive Comp & Pension Details
Ticker: ALK · Form: DEF 14A · Filed: 2024-03-28T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, pension-benefits, corporate-governance, equity-awards
Related Tickers: ALK
TL;DR
Alaska Air Group DEF 14A out: Executive pay, pension benefits, and equity awards for 2021-2023 detailed. Focus on Minicucci & Tilden.
AI Summary
Alaska Air Group, Inc. filed a DEF 14A on March 28, 2024, detailing executive compensation and other corporate governance matters. The filing includes information on pension benefits for members like Mr. Tilden and Mr. Minicucci, with specific data points related to equity awards and their fair values for the fiscal years ending December 31, 2021, 2022, and 2023.
Why It Matters
This filing provides transparency into how Alaska Air Group compensates its top executives and manages its pension liabilities, which can impact investor confidence and the company's financial health.
Risk Assessment
Risk Level: medium — DEF 14A filings often contain detailed information about executive compensation and corporate governance, which can reveal potential risks or opportunities related to management decisions and financial structures.
Key Numbers
- 2021-2023 — Fiscal Years Reported (Covers compensation and benefit data for these years.)
Key Players & Entities
- Alaska Air Group, Inc. (company) — Filer of the DEF 14A
- Mr. Tilden (person) — Mentioned in relation to pension benefits
- Mr. Minicucci (person) — Mentioned in relation to pension benefits and equity awards
- 20240328 (date) — Filing date
- 2023-12-31 (date) — Fiscal year end for reported data
- 2022-12-31 (date) — Fiscal year end for reported data
- 2021-12-31 (date) — Fiscal year end for reported data
FAQ
What specific details are provided regarding Mr. Minicucci's equity awards for the fiscal year ending December 31, 2023?
The filing mentions 'AddYearEndFairValueOfEquityAwardsGrantedInTheYearMember' and 'AddChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember' for Mr. Minicucci for the period 2023-01-01 to 2023-12-31, indicating changes and year-end values of equity awards.
What is the filing date of this DEF 14A for Alaska Air Group, Inc.?
The filing date is March 28, 2024 (20240328).
Which fiscal years are covered by the compensation and benefit data in this filing?
The filing covers data for the fiscal years ending December 31, 2021, 2022, and 2023.
Are pension benefits for specific individuals detailed in this filing?
Yes, the filing references pension benefits for members such as 'MrTildenMember' and 'MrMinicucciMember'.
What is the Standard Industrial Classification (SIC) code for Alaska Air Group, Inc.?
The SIC code listed is 4512 for AIR TRANSPORTATION, SCHEDULED.
From the Filing
0000950170-24-038178.txt : 20240328 0000950170-24-038178.hdr.sgml : 20240328 20240328172039 ACCESSION NUMBER: 0000950170-24-038178 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 37 CONFORMED PERIOD OF REPORT: 20240328 FILED AS OF DATE: 20240328 DATE AS OF CHANGE: 20240328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALASKA AIR GROUP, INC. CENTRAL INDEX KEY: 0000766421 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 911292054 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08957 FILM NUMBER: 24800484 BUSINESS ADDRESS: STREET 1: 19300 INTERNATIONAL BOULEVARD CITY: SEATTLE STATE: WA ZIP: 98188 BUSINESS PHONE: 206-392-5040 MAIL ADDRESS: STREET 1: 19300 INTERNATIONAL BOULEVARD CITY: SEATTLE STATE: WA ZIP: 98188 FORMER COMPANY: FORMER CONFORMED NAME: ALASKA AIR GROUP INC DATE OF NAME CHANGE: 19920703 DEF 14A 1 alk-20240328.htm DEF 14A DEF 14A false 0000766421 DEF 14A ALASKA AIR GROUP, INC. 0000766421 alk:AddServiceCostAndPriorServiceCostForPensionBenefitsMember 2023-01-01 2023-12-31 0000766421 alk:MrTildenMember 2022-01-01 2022-12-31 0000766421 alk:MrMinicucciMember alk:LessReportedFairValueOfEquityAwardsMember 2023-01-01 2023-12-31 0000766421 2021-01-01 2021-12-31 0000766421 alk:MrMinicucciMember 2021-01-01 2021-12-31 0000766421 alk:LessReportedFairValueOfEquityAwardsMember 2023-01-01 2023-12-31 0000766421 alk:MrMinicucciMember alk:LessFairValueAtTheEndOfThePriorYearOfEquityAwardsThatFailedToMeetVestingConditionsInTheYearMember 2023-01-01 2023-12-31 0000766421 alk:MrMinicucciMember alk:AddYearEndFairValueOfEquityAwardsGrantedInTheYearMember 2023-01-01 2023-12-31 0000766421 alk:AddYearEndFairValueOfEquityAwardsGrantedInTheYearMember 2023-01-01 2023-12-31 0000766421 alk:AddChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember 2023-01-01 2023-12-31 0000766421 3 2023-01-01 2023-12-31 0000766421 alk:AddChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheYearMember 2023-01-01 2023-12-31 0000766421 2023-01-01 2023-12-31 0000766421 alk:MrMinicucciMember alk:AddChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheYearMember 2023-01-01 2023-12-31 0000766421 2022-01-01 2022-12-31 0000766421 alk:LessReportedChangeInTheActuarialPresentValueOfPensionBenefitsMember 2023-01-01 2023-12-31 0000766421 alk:LessFairValueAtTheEndOfThePriorYearOfEquityAwardsThatFailedToMeetVestingConditionsInTheYearMember 2023-01-01 2023-12-31 0000766421 alk:MrTildenMember 2021-01-01 2021-12-31 0000766421 1 2023-01-01 2023-12-31 0000766421 alk:AddServiceCostAndPriorServiceCostForPensionBenefitsMember alk:MrMinicucciMember 2023-01-01 2023-12-31 0000766421 alk:MrTildenMember 2023-01-01 2023-12-31 0000766421 alk:AddChangeInFairValueOfOutstandingAndUnvestedEquityAwardsMember alk:MrMinicucciMember 2023-01-01 2023-12-31 0000766421 alk:MrMinicucciMember 2023-01-01 2023-12-31 0000766421 2020-01-01 2020-12-31 0000766421 alk:MrMinicucciMember alk:AddFairValueAsOfVestingDateOfEquityAwardsGrantedAndVestedInTheYearMember 2023-01-01 2023-12-31 0000766421 alk:MrMinicucciMember alk:LessReportedChangeInTheActuarialPresentValueOfPensionBenefitsMember 2023-01-01 2023-12-31 0000766421 alk:MrMinicucciMember 2020-01-01 2020-12-31 0000766421 2 2023-01-01 2023-12-31 0000766421 alk:AddFairValueAsOfVestingDateOfEquityAwardsGrantedAndVestedInTheYearMember 2023-01-01 2023-12-31 0000766421 alk:MrTildenMember 2020-01-01 2020-12-31 0000766421 alk:MrMinicucciMember 2022-01-01 2022-12-31 xbrli:pure iso4217:USD   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant  Filed by a Party other than the Registrant  Check the appropriate box:    Preliminary Proxy Statement  Confidential, for Use of the Commission Only (as permitted by Rule