Alaska Air Group Files Definitive Proxy Statement

TL;DR

Alaska Air Group (ALK) filed its proxy statement - expect votes on directors & pay soon.

AI Summary

Alaska Air Group, Inc. filed a Definitive Proxy Statement (DEFA14A) on April 7, 2025. This filing is related to the company's annual meeting and likely concerns the election of directors, executive compensation, and other corporate governance matters. The company is headquartered in Seattle, Washington, and operates in the scheduled air transportation industry.

Why It Matters

This filing provides shareholders with crucial information regarding company leadership, executive pay, and voting matters, enabling informed participation in corporate governance.

Risk Assessment

Risk Level: low — This is a standard regulatory filing (DEFA14A) for a public company, not indicating any immediate financial or operational risks.

Key Players & Entities

• ALASKA AIR GROUP, INC. (company) — Filer of the DEFA14A
• SEATTLE, WA (location) — Company headquarters and mailing address
• 0000950170-25-051384 (filing_id) — Accession number for the filing

FAQ

From the Filing

0000950170-25-051384.txt : 20250407 0000950170-25-051384.hdr.sgml : 20250407 20250407091128 ACCESSION NUMBER: 0000950170-25-051384 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250407 DATE AS OF CHANGE: 20250407 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 EIN: 911292054 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08957 FILM NUMBER: 25816531 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 DEFA14A 1 alaska_air_-_2025_defa14.htm DEFA14A DEFA14A   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 14a-6(e)(2))  Definitive Proxy Statement  Definitive Additional Materials  Soliciting Material Pursuant to §240.14a-12 (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply):  No fee required.  Fee paid previously with preliminary materials.  Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(4) and 0-11. Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.         Explanatory Note On March 27, 2025, Alaska Air Group, Inc. (the Company) filed a definitive proxy statement (the Proxy Statement) with the Securities and Exchange Commission for the Company’s 2025 Annual Meeting of Shareholders to be held on May 8, 2025 (the Annual Meeting). The Company is filing this supplement (this Supplement) to its Proxy Statement solely to update disclosure included in the “Questions and Answers” section of the Proxy Statement with respect to the voting standard applicable to Proposal 4 (Amendment to Certificate of Incorporation to Add Certain Foreign Ownership Limitations Imposed by Federal Law Related to U.S. Air Carriers) and Proposal 5 (Amendments to Certificate of Incorporation to Provide for Exculpation of Certain Officers and Remove Obsolete Provisions). Except as specifically updated by the information contained below, all information set forth in the Proxy Statement remains unchanged.   Voting Information for Proposal 4 and Proposal 5   The vote required to approve each of Proposal 4 and Proposal 5 as set forth under “Vote Required and Recommendation of the Board of Directors” in each of those proposals was properly stated as the “affirmative vote of the holders of at least a majority of the outstanding shares of common stock entitled to vote thereon, whether or not present or represented by proxy at the Annual Meeting.” Due to an inadvertent error, the section of the Proxy Statement titled “Questions and Answers about Voting” in response to the question titled “Not including the election of directors, how many votes must the proposals receive in order to pass?” (the Vote Standard Q&A) included on page 104 of the Proxy Statement was not updated to reflect the vote standard on Proposal 4 and Proposal 5. This Supplement is being filed to amend and replac