Form 4: Frontier Group Holdings Executive Howard Diamond Reports Stock Transactions
SEC Form 4 Filing
Howard Diamond, EVP of Legal & Corporate Affairs at Frontier Group Holdings, reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On February 8, 2025, Howard Diamond, EVP of Legal & Corporate Affairs at Frontier Group Holdings, reported transactions involving common stock and restricted stock units.
- Diamond vested 11,328 and 11,331 restricted stock units, which converted into common stock.
- A total of 4,005 and 3,257 shares were withheld by the issuer to cover tax obligations at a price of $9.34 per share.
- Following these transactions, Diamond directly owns 634,173 shares of Frontier Group Holdings common stock and 6,442 restricted stock units.
- The remaining restricted stock units vest on February 8, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Future Outlook
The remaining Restricted Stock Units vest on February 8, 2026.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
- Employees holding similar stock-based compensation may be interested in the details of the vesting and tax implications.
Key Dates
| Date | Description |
|---|---|
| 02/08/2025 | Date of transactions: vesting of restricted stock units and tax withholding. |
| 02/08/2026 | Date when the remaining restricted stock units vest. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
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