Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-31

American Airlines Group (AAL)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$13,871,825
Robert Isom total, FY2025
1st
CEO pay percentile vs peers
155.1:1
CEO-to-median pay ratio
96.79%
Say-on-pay support, latest vote
Companies that benchmark against AAL
9 companies name AAL as a compensation peer

Each company listed discloses AAL in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AAL in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Robert Isom$1,300,000$0$12,489,000$0$0$0$82,825$13,871,825
Chief Executive Officer, President and Director
Anthony Richmond523,48108,729,0000519,237091,4119,863,129
Executive Vice President, Corporate Affairs and Chief Legal Officer
Stephen Johnson850,00007,077,0000649,910075,2988,652,208
Vice Chair and Chief Strategy Officer
David Seymour804,23105,885,0000519,237053,0017,261,469
Executive Vice President and Chief Operating Officer
Devon May804,23105,719,0000519,237066,9007,109,368
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Robert Isom$13,871,825$15,610,843$31,438,162−1,739,018
Anthony Richmond9,863,129
Stephen Johnson8,652,2086,380,57210,207,084+2,271,636
David Seymour7,261,4694,894,8987,044,919+2,366,571
Devon May7,109,3684,924,5317,938,302+2,184,837

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Anthony RichmondEVP, Chief Legal Officer2026-05-01D70,598$12$835,880CommonForm 4 ↗
Angela OwensSVP Corporate Controller2026-05-02D8,0971295,868CommonForm 4 ↗
David SeymourEVP Chief Operating Officer2026-05-02D40,86512483,842CommonForm 4 ↗
Devon MayEVP Chief Financial Officer2026-05-02D33,72112399,257CommonForm 4 ↗
Kathryn FarmerDirector2026-06-10A11,17700CommonForm 4 ↗
Mary N. DillonDirector2026-06-10A11,17700CommonForm 4 ↗
Adriane M. BrownDirector2026-06-10A11,17700CommonForm 4 ↗
Howard UngerleiderDirector2026-06-10A11,17700CommonForm 4 ↗
Matthew J. HartDirector2026-06-10A11,17700CommonForm 4 ↗
Gregory D. SmithDirector2026-06-10A26,08000CommonForm 4 ↗
Susan D. KronickDirector2026-06-10A11,17700CommonForm 4 ↗
Vicente ReynalDirector2026-06-10A11,17700CommonForm 4 ↗
Douglas M. SteenlandDirector2026-06-10A11,17700CommonForm 4 ↗
Martin H. NesbittDirector2026-06-10A11,17700CommonForm 4 ↗
Susan D. KronickDirector2026-06-10A11,17700CommonForm 4 ↗
John T. CahillDirector2026-06-10A11,17700CommonForm 4 ↗
David SeymourEVP Chief Operating Officer2026-06-24D69,343171,178,831CommonForm 4 ↗
David SeymourEVP Chief Operating Officer2026-06-24D56,456181,016,242CommonForm 4 ↗
David SeymourEVP Chief Operating Officer2026-07-12D4,8011781,377CommonForm 4 ↗
John W. DietrichDirector2026-07-15A8,67600CommonForm 4 ↗
Stephen JohnsonVice Chair2026-07-27D30,00015440,112CommonForm 4 ↗
Stephen JohnsonVice Chair2026-07-27D30,00015450,378CommonForm 4 ↗
Stephen JohnsonVice Chair2026-07-27D30,00015454,818CommonForm 4 ↗
Angela OwensSVP Corporate Controller2026-07-28D39,16815601,017CommonForm 4 ↗
Angela OwensSVP Corporate Controller2026-07-31D40,07715611,623CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Anthony RichmondRSU2025-05-01249,252$2,500,000
Devon MayRSU2025-02-18104,1661,675,000
David SeymourRSU2025-02-18108,8301,750,000
Stephen JohnsonRSU2025-02-18198,2273,188,000
Anthony RichmondRSU2025-05-01166,9991,675,000
Robert IsomRSU2025-02-18349,8135,625,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Anthony Richmond$4,175,000$0$00.0%
Devon May1,675,000000.0%
David Seymour1,750,000000.0%
Stephen Johnson3,188,000000.0%
Robert Isom5,625,000000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Robert IsomPSU421,133$6,455,964
Robert IsomRSU349,8135,362,633
Robert IsomPSU432,0196,622,852
Robert IsomPSU430,7046,602,692
Anthony RichmondPSU307,8264,718,976
Anthony RichmondPSU206,2443,161,717
Robert IsomPSU180,9852,774,492
Anthony RichmondRSU166,9992,560,095
David SeymourPSU151,8602,328,014
Stephen JohnsonPSU140,7042,156,992
Devon MayPSU128,6451,972,128
Robert IsomRSU123,0701,886,663
Devon MayRSU104,1661,596,865
David SeymourPSU103,8481,591,990
Devon MayPSU85,6931,313,674
Stephen JohnsonPSU67,8741,040,508
Stephen JohnsonRSU60,518927,741
Stephen JohnsonRSU46,155707,556
Devon MayRSU34,289525,650
David SeymourRSU108,8301,668,364
Anthony RichmondRSU249,2523,821,033
Devon MayPSU151,8602,328,014
David SeymourRSU34,289525,650
David SeymourPSU134,4052,060,429
Devon MayPSU50,425773,015
Stephen JohnsonRSU198,2273,038,820
Stephen JohnsonPSU244,8103,752,943
David SeymourPSU50,425773,015
David SeymourPSU12,200187,026
05

Incentive-plan design — the Compensation Discussion & Analysis

The philosophy underlying our overall executive compensation program is to provide attractive, flexible and market-based compensation that is both tied to our performance and aligned with the interests of our stockholders. We intend for our compensation programs to motivate the management team to enhance stockholder value over time without creating unnecessary or excessive risk-taking that would have an adverse effect on stockholder value and potentially detract from our ability to reach long-term sustainable levels of income and profitability.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantKorn Ferry
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-10284,141,5128,637,705792,48096.79%Passed
20252025-06-11270,362,7279,362,7711,291,93296.65%Passed
20242024-06-05235,024,62250,820,10624,171,23582.22%Passed
20232023-05-10273,040,29110,606,014960,50495.94%Passed
20222022-06-08204,540,91113,063,7261,406,95993.39%Passed
20212021-06-09208,093,20731,969,3471,104,80986.68%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1096.79%a
20252025-06-1196.65%b
20242024-06-0582.22%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as an "Against" vote for purposes of determining whether this matter has been approved.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes (as defined below under "How to Vote Your Shares") are not considered votes cast "FOR" or "AGAINST" a nominee's election and will have no effect in determining whether a nominee has received a majority of the votes cast.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes (as defined below under "How to Vote Your Shares") are not considered votes cast "FOR" or "AGAINST" a nominee's election and will have no effect in determining whether a nominee has received a majority of the votes cast.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)155.1 : 1
CEO total compensation$13,871,825
Median employee compensation$89,429
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gregory D. SmithIndependent · Board Chair$100,000$350,000$0$0$25,680$475,680
Jeff BenjaminIndependent · Not standing for re-election65,000000340,501405,501
Martin H. NesbittIndependent · Corporate Governance and Public Responsibility (Chair) · Audit150,000150,0000040,666340,666
Matthew J. HartIndependent · Audit (Chair) · Safety155,000150,0000026,242331,242
Douglas M. SteenlandIndependent · Finance (Chair) · Compensation150,000150,0000024,028324,028
Adriane M. BrownIndependent · Safety (Chair) · Corporate Governance and Public Responsibility150,000150,0000017,234317,234
Denise M. O'LearyIndependent · Compensation (Chair) · Finance150,000150,0000016,888316,888
Michael J. EmblerIndependent · Not standing for re-election130,000150,0000028,442308,442
John T. CahillIndependent · Audit · Finance130,000150,0000023,670303,670
Susan D. KronickIndependent · Corporate Governance and Public Responsibility · Safety130,000150,0000022,436302,436
Vicente ReynalIndependent · Compensation · Corporate Governance and Public Responsibility130,000150,0000015,956295,956
Howard UngerleiderIndependent · Audit · Compensation · Newly elected32,500127,000006,316165,816
Kathryn FarmerIndependent · Safety · Newly elected000000
Robert D. IsomEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$150,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 20,000
Stock ownership guidelineLesser of 5x annual cash retainer or 15,000 shares
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,472,500
Equity awards (grant-date value)$1,827,000
All other compensation$588,059
Total cost of the board$3,887,559

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies American Airlines Group names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including American Airlines Group.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1United Airlines2025Scott Kirby$1,200,000$22,565,804$0$8,010,000$32,282,253
2Delta Air Lines2025Edward Bastian1,082,50011,914,23105,846,04019,222,401
3Southwest Airlines2025Robert Jordan844,79213,075,07202,031,16016,587,882
4American Airlines Group2025Robert Isom1,300,00012,489,0000013,871,825

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
American Airlines Group50.97%PSU 50 · RSU 50NoKorn Ferry
Delta Air Lines54.46%PSU 50 · Cash LTI 25 · RSU 25NoFrederic W. Cook & Co., Inc. (FW Cook)
Southwest Airlines119.48%RSU 50 · PSU 50NoMeridian Compensation Partners, LLC
United Airlinesnot disclosednot disclosednot disclosedExequity

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Robert IsomDEF 14A2026-04-280001193125-26-187096Section “Summary Compensation Table”. As printed: 13,871,825. Filing ↗machine: r3 · c34 · span 1427237–1427247
2Section 01, Anthony RichmondDEF 14A2026-04-280001193125-26-187096Section “Summary Compensation Table”. As printed: 9,863,129. Filing ↗machine: r19 · c34 · span 1470256–1470265
3Section 01, Stephen JohnsonDEF 14A2026-04-280001193125-26-187096Section “Summary Compensation Table”. As printed: 8,652,208. Filing ↗machine: r7 · c34 · span 1437951–1437960
4Section 01, David SeymourDEF 14A2026-04-280001193125-26-187096Section “Summary Compensation Table”. As printed: 7,261,469. Filing ↗machine: r11 · c33 · span 1448706–1448715
5Section 01, Devon MayDEF 14A2026-04-280001193125-26-187096Section “Summary Compensation Table”. As printed: 7,109,368. Filing ↗machine: r15 · c33 · span 1459517–1459526
6Section 03, Anthony Richmond RSUDEF 14A2026-04-280001193125-26-187096Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t426 · r38 · c33 · span 1619882–1619889
7Section 03, Devon May RSUDEF 14A2026-04-280001193125-26-187096Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t426 · r26 · c33 · span 1587534–1587541
8Section 03, David Seymour RSUDEF 14A2026-04-280001193125-26-187096Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t426 · r18 · c33 · span 1565428–1565435
9Section 03, Stephen Johnson RSUDEF 14A2026-04-280001193125-26-187096Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t426 · r12 · c33 · span 1548352–1548359
10Section 03, Anthony Richmond RSUDEF 14A2026-04-280001193125-26-187096Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t426 · r34 · c33 · span 1609646–1609653
11Section 03, Robert Isom RSUDEF 14A2026-04-280001193125-26-187096Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t426 · r6 · c33 · span 1531272–1531279
12Section 07, pay ratioDEF 14A2026-04-280001193125-26-187096Section “CEO Pay Ratio”. As printed: 155.1 : 1. Filing ↗machine: span 1847754–1847764
13Section 08, Gregory D. SmithDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 475,680. Filing ↗
14Section 08, Jeff BenjaminDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 405,501. Filing ↗
15Section 08, Martin H. NesbittDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 340,666. Filing ↗
16Section 08, Matthew J. HartDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 331,242. Filing ↗
17Section 08, Douglas M. SteenlandDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 324,028. Filing ↗
18Section 08, Adriane M. BrownDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 317,234. Filing ↗
19Section 08, Denise M. O'LearyDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 316,888. Filing ↗
20Section 08, Michael J. EmblerDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 308,442. Filing ↗
21Section 08, John T. CahillDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 303,670. Filing ↗
22Section 08, Susan D. KronickDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 302,436. Filing ↗
23Section 08, Vicente ReynalDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 295,956. Filing ↗
24Section 08, Howard UngerleiderDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 165,816. Filing ↗
25Section 08, Kathryn FarmerDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 0. Filing ↗
26Section 08, Robert D. IsomDEF 14A2026-04-280001193125-26-187096Section “Director Compensation”. As printed: 0. Filing ↗
27Section 02, Anthony Richmond 2026-05-01Form 42026-05-040002066653-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Angela Owens 2026-05-02Form 42026-05-040001934229-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, David Seymour 2026-05-02Form 42026-05-040001934073-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Devon May 2026-05-02Form 42026-05-040001959309-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Kathryn Farmer 2026-06-10Form 42026-06-120002071832-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Mary N. Dillon 2026-06-10Form 42026-06-120001340358-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Adriane M. Brown 2026-06-10Form 42026-06-120001314021-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Howard Ungerleider 2026-06-10Form 42026-06-120001514396-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Matthew J. Hart 2026-06-10Form 42026-06-120001188272-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Gregory D. Smith 2026-06-10Form 42026-06-120001484277-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Susan D. Kronick 2026-06-10Form 42026-06-120001196979-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Vicente Reynal 2026-06-10Form 42026-06-120001705738-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Douglas M. Steenland 2026-06-10Form 42026-06-120001244673-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Martin H. Nesbitt 2026-06-10Form 42026-06-120001478041-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Susan D. Kronick 2026-06-10Form 42026-06-120001196979-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, John T. Cahill 2026-06-10Form 42026-06-120001197000-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, David Seymour 2026-06-24Form 42026-06-260001934073-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, David Seymour 2026-06-24Form 42026-06-260001934073-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, David Seymour 2026-07-12Form 42026-07-130001934073-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, John W. Dietrich 2026-07-15Form 42026-07-160001226022-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Stephen Johnson 2026-07-27Form 42026-07-290001193125-26-324366Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Stephen Johnson 2026-07-27Form 42026-07-290001193125-26-324366Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Stephen Johnson 2026-07-27Form 42026-07-290001193125-26-324366Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Angela Owens 2026-07-28Form 42026-07-290001193125-26-323844Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Angela Owens 2026-07-31Form 42026-07-310001193125-26-329074Insider equity transaction reported since the proxy statement. Filing ↗
52Section 06, 2026 voteForm 8-K2026-06-100000006201-26-000039Item 5.07 · say-on-pay result. As reported: 96.79% (votes for as printed: 284,141,512). Filing ↗
53Section 06, 2025 voteForm 8-K2025-06-110000006201-25-000029Item 5.07 · say-on-pay result. As reported: 96.65% (votes for as printed: 270,362,727). Filing ↗
54Section 06, 2024 voteForm 8-K2024-06-050000006201-24-000040Item 5.07 · say-on-pay result. As reported: 82.22% (votes for as printed: 235,024,622). Filing ↗
55Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
56Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
57Section 09b board cost (computed)ComputedcomputedCash 1,472,500 + equity 1,827,000 + all other 588,059 = 3,887,559, summed across the director compensation table rows.machine: formula: Σ = 3,887,559
58United Airlines, Section 10b CEO totalDEF 14A2026-04-070001104659-26-040467CEO total compensation as printed in United Airlines's own proxy. As printed: 32,282,253. Filing ↗machine: t375 · r8 · c16 · span 2556272–2556282
59Delta Air Lines, Section 10b CEO totalDEF 14A2026-04-240001308179-26-000345CEO total compensation as printed in Delta Air Lines's own proxy. As printed: 19,222,401. Filing ↗machine: t124 · r1 · c35 · span 616606–616616
60Southwest Airlines, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127237CEO total compensation as printed in Southwest Airlines's own proxy. As printed: 16,587,882. Filing ↗machine: t263 · r2 · c39 · span 1219658–1219668
61American Airlines Group (subject), Section 10b CEO totalDEF 14A2026-04-280001193125-26-187096CEO total compensation as printed in American Airlines Group's own proxy. As printed: 13,871,825. Filing ↗machine: r3 · c34 · span 1427237–1427247
62Section 10a, United Airlines reciprocityDEF 14A0001104659-26-040467United Airlines names American Airlines Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
63Section 10a, Delta Air Lines reciprocityDEF 14A0001308179-26-000345Delta Air Lines names American Airlines Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
64Section 10a, Southwest Airlines reciprocityDEF 14A0001193125-26-127237Southwest Airlines names American Airlines Group in its own disclosed peer group (read from its most recent proxy). Filing ↗