American Airlines Group Inc (AAL)

[onevolt]

Here's the complete 10-K statement:
Pursuant to rulings of the Bankruptcy Court, the Plan established the Disputed Claims Reserve to hold shares of AAG common stock reserved
for issuance to disputed claimholders at the Effective Date that ultimately become holders of allowed claims. The shares of AAG common stock
issued to the Disputed Claims Reserve were originally issued on December 13, 2013 and have at all times since been included in the number of
shares issued and outstanding as reported from time to time in our quarterly and annual reports, including for purposes of calculating earnings per
common share. As disputed claims are resolved, the claimants receive distributions of shares from the Disputed Claims Reserve. However, we are
not required to distribute additional shares above the limits contemplated by the Plan, even if the shares remaining for distribution in the Disputed
Claims Reserve are not sufficient to fully pay any additional allowed unsecured claims. To the extent that any of the reserved shares remain
undistributed upon resolution of all remaining disputed claims, such shares will not be returned to us but rather will be distributed to former AMR
stockholders and former convertible noteholders treated as stockholders under the Plan. As of December 31, 2019, the Disputed Claims Reserve
held approximately 7 million shares of AAG common stock.