Form 4: Frontier Group Holdings Executive James Dempsey Reports Stock Transactions

James Dempsey, President of Frontier Group Holdings, reports the vesting and settlement of restricted stock units, along with tax withholding, on February 3, 2025.

Summary

• On February 3, 2025, James Dempsey, President of Frontier Group Holdings, reported transactions involving the company's common stock.
• These transactions included the vesting and settlement of 21,215 restricted stock units (RSUs), resulting in the acquisition of 21,215 shares.
• Additionally, 6,944 shares were withheld by the issuer to cover tax obligations at a price of $8.43 per share.
• Following these transactions, Dempsey directly owns 769,958 shares of Frontier Group Holdings common stock.
• The remaining restricted stock units have fully vested as of February 3, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, and carries a neutral sentiment.

Positives

• The vesting of restricted stock units indicates that performance milestones were likely met.

Future Outlook

There are no forward-looking statements in this document.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of key personnel.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation.

Key Dates

Keywords

Frontier Group Holdings, James Dempsey, ULCC, Restricted Stock Units, Vesting, Form 4, Stock Transactions, Beneficial Ownership