Form 4: Frontier CCO Robert Schroeter's RSU Vesting
Statement of Changes in Beneficial Ownership
Frontier Group Holdings' Chief Commercial Officer, Robert Schroeter, reported the vesting of Restricted Stock Units and associated tax withholding.
Summary
- Robert Schroeter, SVP, Chief Commercial Officer of Frontier Group Holdings, Inc. (ULCC), reported changes in his beneficial ownership.
- On February 6, 2026, 14,421 Restricted Stock Units (RSUs) vested and were converted into shares of common stock.
- The company withheld 4,975 shares of common stock, valued at $5.65 per share, to cover tax withholding obligations related to the RSU vesting.
- Mr. Schroeter did not sell any shares in connection with this transaction.
- Following these transactions, Mr. Schroeter directly beneficially owns 49,022 shares of common stock.
- He also directly beneficially owns 28,842 Restricted Stock Units, which are scheduled to vest in two substantially equal annual installments beginning on February 6, 2027.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine and expected executive compensation transaction that does not indicate any significant operational or financial changes for the company.
Positives
- The vesting of 14,421 Restricted Stock Units signifies ongoing executive compensation and retention for a key officer.
- The reporting person did not sell any shares, indicating continued alignment of executive interests with long-term shareholder value.
Negatives
- 4,975 shares of common stock were withheld by the issuer to satisfy tax obligations, reducing the net shares received by the executive.
Future Outlook
The remaining 28,842 Restricted Stock Units held by Mr. Schroeter are scheduled to vest in two substantially equal annual installments, with the first installment beginning on February 6, 2027.
Industry Context
StockSavvy.ai notes that RSU vesting is a standard component of executive compensation packages across various industries, including airlines, designed to align executive interests with long-term company performance and shareholder value.
Comparison to Industry Standards
- StockSavvy.ai observes that the structure of RSU vesting, with a portion withheld for taxes, is a common practice in executive compensation plans, comparable to those seen at other publicly traded airlines such as Southwest Airlines (LUV) or Spirit Airlines (SAVE), where equity awards are a significant part of total compensation.
Stakeholder Impact
- Shareholders gain transparency into executive compensation and equity ownership.
- The executive's increased equity stake further aligns their interests with the company's long-term performance.
Next Steps
- Future vesting of 28,842 Restricted Stock Units in two substantially equal annual installments, starting February 6, 2027.
Key Dates
| Date | Description |
|---|---|
| 02/06/2026 | Date of RSU vesting and related common stock transactions. |
| 02/10/2026 | Date the Form 4 was signed by the attorney-in-fact. |
| 02/06/2027 | Date of the first of two remaining annual RSU vesting installments. |
Keywords
Frontier Group Holdings, ULCC, Robert Schroeter, Form 4, Restricted Stock Units, RSU vesting, Beneficial ownership, Executive compensation, Insider transaction
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