Form 4: Frontier Group Holdings Executive Steve Schuller Reports Stock Transactions
SEC Form 4
Steve Schuller, SVP of Human Resources at Frontier Group Holdings, reports the vesting and tax withholding of restricted stock units.
Summary
- On February 8, 2025, Steve Schuller, SVP of Human Resources at Frontier Group Holdings, engaged in transactions involving common stock and restricted stock units.
- Schuller vested 6,054 and 2,644 Restricted Stock Units (RSUs), which converted into an equivalent number of common stock shares.
- The company withheld 1,740 and 760 shares of common stock at a price of $9.34 to cover tax obligations related to the RSU vesting.
- Following these transactions, Schuller directly owns 84,330 shares of common stock.
- Schuller also holds 7,354 unvested Restricted Stock Units, which 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 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 minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/08/2025 | Date of transactions: vesting of restricted stock units and tax withholding. |
| 02/08/2026 | Remaining Restricted Stock Units vest. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
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