ULCC.NASDAQFrontier Group Holdings, INC

Form 4: Frontier Group Holdings Executive Trevor J. Stedke Reports Stock Transactions

Sentiment:

SEC Form 4

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Trevor J. Stedke, a Senior Vice President at Frontier Group Holdings, reports the vesting and subsequent tax withholding of shares related to Restricted Stock Units.

Summary

  • On October 25, 2024, Trevor J. Stedke, a Senior Vice President at Frontier Group Holdings, had Restricted Stock Units (RSUs) vest, resulting in the acquisition of 60,764 shares.
  • The company withheld 21,599 shares to cover tax obligations at a price of $6.98 per share.
  • After these transactions, Stedke directly owns 173,150 shares of Frontier Group Holdings.
  • Stedke also holds 121,528 Restricted Stock Units that vest in two equal annual installments starting October 25, 2025.

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 about the company's performance.

Future Outlook

The remaining Restricted Stock Units vest in two substantially equal annual installments beginning on October 25, 2025.

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 standard executive compensation practices.

Key Dates

DateDescription
10/25/2024Date of transaction: Vesting of Restricted Stock Units and tax withholding.
10/25/2025First vesting date of remaining Restricted Stock Units in two substantially equal annual installments.
10/29/2024Date of signature on the Form 4 filing.

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