Executive Chairman Gallagher sells 300,000 shares ($34.4M) across 7 transactions over 4 days at avg $114.50
Maurice J. Gallagher Jr., Executive Chairman, executed 7 separate sales totaling 300,000 shares for $34,351,256.26 between February 6–10, 2026, reducing his holdings from 450,000 shares to 150,000 shares (-66.7%). The blended average transaction price was $114.50, near the current price of $114.34 and just 0.4% below the 52-week high of $114.79. This represents a substantial reduction in his equity stake at a cyclical peak—the stock has appreciated +20.4% over 30 days and +65.5% over 90 days. Across his prior 4 sales at Allegiant, Gallagher has achieved a 75.00% well-timed rate at the 90-day mark, with 3 of 4 prior ALGT-specific sales showing positive 30-day returns and mixed longer-term outcomes. Notably, the company remains unprofitable, recording a net loss of $-43,574,000.00 on revenue of $561,932,000.00 in the latest quarter, alongside minimal annual revenue growth of +0.1%.