Form 4: Frontier Group Holdings Executive Schroeter Settles Restricted Stock Units

Robert Schroeter, SVP and Chief Commercial Officer of Frontier Group Holdings, settles restricted stock units resulting in the acquisition and disposal of common stock to cover tax obligations.

Summary

• On March 25, 2025, Robert Schroeter, SVP, Chief Commercial Officer of Frontier Group Holdings, settled previously granted Restricted Stock Units (RSUs).
• This involved the acquisition of 42,808 shares and 39,954 shares of common stock upon vesting of RSUs.
• A total of 12,307 shares and 11,486 shares were disposed of at $5.67 to cover tax withholding obligations.
• Following these transactions, Schroeter directly owns 58,969 shares of Frontier Group Holdings common stock.
• He also holds 79,909 and 128,425 Restricted Stock Units.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and doesn't contain any alarming information. The sentiment is neutral to slightly positive as it indicates continued alignment of the executive with the company's performance.

Future Outlook

The remaining Restricted Stock Units vest in annual installments beginning on March 25, 2026.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units as a way to align management's interests with those of shareholders.
• The vesting schedules and tax withholding practices described in the document are standard industry practices.
• Comparable companies such as Southwest Airlines, JetBlue, and Spirit Airlines also utilize similar equity-based compensation strategies for their executives.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.
• The vesting of RSUs is part of the executive's compensation package and is not expected to significantly affect the company's operations or financial performance.

Key Dates

Keywords

Frontier Group Holdings, Robert Schroeter, Restricted Stock Units, Form 4, ULCC, Vesting, Tax Withholding, SVP, Chief Commercial Officer, Securities Exchange Act