American Airlines DEF 14A: Executive Pay & Governance
Ticker: AAL · Form: DEF 14A · Filed: 2024-04-25T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, governance
Related Tickers: AAL
TL;DR
AA's 14A is out - check exec comp & governance for FY23.
AI Summary
American Airlines Group Inc. filed a DEF 14A on April 25, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation and other corporate governance matters, including information related to Robert Isom and Doug Parker, and equity awards granted in fiscal year 2023.
Why It Matters
This filing provides crucial insights into how American Airlines compensates its top executives and outlines key governance decisions, impacting shareholder value and company direction.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine but can reveal significant information about executive compensation and corporate governance that may influence investor sentiment.
Key Numbers
- 2023 — Fiscal Year (Reporting period for compensation and governance details.)
Key Players & Entities
- American Airlines Group Inc. (company) — Filer
- Robert Isom (person) — Executive
- Doug Parker (person) — Executive
- 2023-12-31 (date) — Fiscal Year End
- 20240425 (date) — Filing Date
FAQ
What was the total compensation for CEO Robert Isom in fiscal year 2023?
The filing details compensation components for Robert Isom, including equity awards, but the exact total dollar amount for FY23 is not explicitly stated in the provided snippet, requiring further review of the full document.
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.
Who are the key individuals mentioned in relation to executive compensation for American Airlines in this filing?
Robert Isom and Doug Parker are mentioned in relation to executive compensation and equity awards for fiscal year 2023.
What specific type of compensation is highlighted for fiscal year 2023?
The filing highlights equity awards granted in fiscal year 2023, including their year-end fair value and deductions for amounts reported under stock awards.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on April 25, 2024.
From the Filing
0001193125-24-114008.txt : 20240425 0001193125-24-114008.hdr.sgml : 20240425 20240425163123 ACCESSION NUMBER: 0001193125-24-114008 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 88 CONFORMED PERIOD OF REPORT: 20240605 FILED AS OF DATE: 20240425 DATE AS OF CHANGE: 20240425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Airlines Group Inc. CENTRAL INDEX KEY: 0000006201 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 751825172 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08400 FILM NUMBER: 24876895 BUSINESS ADDRESS: STREET 1: 1 SKYVIEW DRIVE CITY: FORT WORTH STATE: TX ZIP: 76155 BUSINESS PHONE: 6822789000 MAIL ADDRESS: STREET 1: 1 SKYVIEW DRIVE CITY: FORT WORTH STATE: TX ZIP: 76155 FORMER COMPANY: FORMER CONFORMED NAME: AMR CORP DATE OF NAME CHANGE: 19920703 DEF 14A 1 d636721ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000006201 0000006201 2023-01-01 2023-12-31 0000006201 2020-01-01 2020-12-31 0000006201 2021-01-01 2021-12-31 0000006201 2022-01-01 2022-12-31 0000006201 aal:ParkerMember 2020-01-01 2020-12-31 0000006201 aal:IsomMember 2020-01-01 2020-12-31 0000006201 aal:ParkerMember 2021-01-01 2021-12-31 0000006201 aal:IsomMember 2021-01-01 2021-12-31 0000006201 aal:ParkerMember 2022-01-01 2022-12-31 0000006201 aal:IsomMember 2022-01-01 2022-12-31 0000006201 aal:IsomMember 2023-01-01 2023-12-31 0000006201 aal:ParkerMember 2023-01-01 2023-12-31 0000006201 aal:YearendFairValueOfEquityAwardsGrantedInEachFy23Member ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000006201 aal:YearendFairValueOfEquityAwardsGrantedInEachFy23Member ecd:PeoMember aal:IsomMember 2023-01-01 2023-12-31 0000006201 aal:DeductionForAmountsReportedUnderThestockAwardsColumnOfSummaryCompensationTableForFiscalYear2023Member ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000006201 aal:DeductionForAmountsReportedUnderThestockAwardsColumnOfSummaryCompensationTableForFiscalYear2023Member ecd:PeoMember aal:IsomMember 2023-01-01 2023-12-31 0000006201 aal:TotalAdjustmentsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000006201 aal:TotalAdjustmentsMember ecd:PeoMember aal:IsomMember 2023-01-01 2023-12-31 0000006201 aal:ChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheFy23BasedOnChangeFromPriorYearendToVestingDateMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000006201 aal:ChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedInTheFy23BasedOnChangeFromPriorYearendToVestingDateMember ecd:PeoMember aal:IsomMember 2023-01-01 2023-12-31 0000006201 aal:YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000006201 aal:YearOverYearChangeInFairValueOfOutstandingAndUnvestedEquityAwardsGrantedInPriorYearsMember ecd:PeoMember aal:IsomMember 2023-01-01 2023-12-31 0000006201 7 2023-01-01 2023-12-31 0000006201 6 2023-01-01 2023-12-31 0000006201 5 2023-01-01 2023-12-31 0000006201 4 2023-01-01 2023-12-31 0000006201 3 2023-01-01 2023-12-31 0000006201 2 2023-01-01 2023-12-31 0000006201 1 2023-01-01 2023-12-31 iso4217:USD xbrli:pure     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. )     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 14a-6(e)(2))   ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material under § 240.14a-12 AMERICAN AIRLINES GROUP INC. (Name of Registrant as Specified