ALK Alaska Air Group, Inc. - 8-K

ITEM 5.02. Election of Directors

On June 1, 2026, the Board of Directors of Alaska Air Group, Inc. (the “Company”) appointed G. Michael Sievert to the Company’s board of directors, effective immediately. Mr. Sievert will serve on the board’s Safety and Innovation Committees and on the boards of the Company’s airline subsidiaries, Alaska Airlines, Inc. and Horizon Air Industries, Inc.

Mr. Sievert will participate in the compensation arrangements currently applicable to non-employee directors. Under the terms of those arrangements, Mr. Sievert received a prorated annual cash retainer of $85,320 for service for the period from his appointment until the Company’s next annual meeting of stockholders. In addition, under the Company’s 2016 Performance Incentive Plan, Mr. Sievert received a grant of Alaska Air Group, Inc. common shares, determined by dividing the grant value ($189,590) by the closing price of the Company’s common stock on June 1, 2026.

In connection with Mr. Sievert’s appointment, the number of seats on the Company’s Board of Directors was increased from 10 to 11. Mr. Sievert qualifies as an independent director under applicable SEC and NYSE standards.

ITEM 7.01. Regulation FD Disclosure

On June 3, 2026, the Company issued a press release announcing the appointment of G. Michael Sievert to the Company's board of directors. The press release is furnished as Exhibit 99.1.

ITEM 9.01.  Financial Statements and Exhibits

(d) Exhibits :

Exhibit Number

Exhibit Description

99.1

Alaska Air Group Press Release

104

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