American Airlines Group Inc (AAL)

[Jmb0173]

Yesterday and today, 9 Form-4s were filed by directors and officers of the company. 5 officers and 2 directors, including Parker, sold a small amount of shares to cover taxes due on grants or distributions. 2 directors acquired new shares.

The average shares sold averaged about 3-4% of the holdings of any individual. I have pasted Parker's summary below as an example - you will see two transactions with number of shares sold (23,873 and 24,719), and number of shares he owns after each sale (1,314,365 at the end). Code F refers to the notes at the bottom; I have pasted all 3 that are used in some combination on the 9 Form 4s.

This continues to show that officers are accumulating and holding shares. To-date I have only seen sales related to covering taxes in any of the Form 4s.

http://phx.corporate-ir.net/phoenix.zhtml?c=117098&p=IROL-sec

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/10/2014 F 23,873 (1) D $ 35.29 1,339,084 D
Common Stock 04/11/2014 F 24,719 (1) D $ 33.6799 1,314,365 D


1. Shares withheld by the issuer to cover applicable withholding taxes related to the vesting of restricted stock units.

1. Pursuant to the Fourth Amended Joint Plan of Reorganization of AMR Corporation (the Plan), holders of common stock of AMR Corporation who received an initial distribution of shares of the Issuer in connection with the effective date of the Plan received, for each share of AMR common stock held as of the effective date of the Plan, a distribution of approximately 0.1863 shares of the Issuer.

2. Shares withheld by the Issuer to cover applicable withholding taxes related to the shares reported as acquired herein.