Form 4: Frontier Group Holdings Executive Howard Diamond Reports Stock Transactions

Howard Diamond, EVP at Frontier Group Holdings, reports the vesting and tax withholding of restricted stock units.

Summary

• Howard Diamond, EVP, Legal & Corporate Affairs at Frontier Group Holdings, reported transactions involving common stock and restricted stock units (RSUs).
• On February 1, 2025, 45,511 RSUs vested, resulting in the acquisition of 45,511 shares of common stock.
• On February 1, 2025, 14,008 shares were withheld by the issuer to cover tax obligations at a price of $8.43 per share.
• On February 3, 2025, 12,348 RSUs vested, resulting in the acquisition of 12,348 shares of common stock.
• On February 3, 2025, 3,550 shares were withheld by the issuer to cover tax obligations at a price of $8.43 per share.
• Following these transactions, Diamond directly owns 618,776 shares of common stock and 91,024 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation; it doesn't inherently indicate positive or negative sentiment.

Future Outlook

The remaining Restricted Stock Units vest in two substantially equal annual installments beginning on February 1, 2026.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions affect the executive's holdings and potentially signal alignment with shareholder interests through equity ownership.

Key Dates