Form 4: Frontier Group Holdings Executive Alexandre Clerc Reports Stock Transactions

Alexandre Clerc, Sr. Vice President, Customers at Frontier Group Holdings, reports the vesting and subsequent tax withholding of shares related to Restricted Stock Units.

Summary

• On January 8, 2025, Alexandre Clerc, Sr. Vice President, Customers at Frontier Group Holdings, had Restricted Stock Units (RSUs) vest.
• These RSUs were settled for 47,081 and 9,416 shares of common stock.
• The company withheld 14,726 and 2,707 shares, respectively, to cover tax obligations at a price of $8.32 per share.
• Clerc now directly owns 39,064 shares of common stock following the reported transactions.
• Remaining Restricted Stock Units vest in annual installments beginning January 8, 2026.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

Remaining Restricted Stock Units vest in three substantially equal annual installments beginning on January 8, 2026 for 47,081 shares and two substantially equal annual installments beginning on January 8, 2026 for 9,416 shares.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they relate to executive compensation and tax obligations.

Key Dates