Form 4: Frontier Group Holdings Executive Trevor Stedke Reports Stock Transactions
SEC Form 4 Filing
Trevor Stedke, Sr. Vice President of Operations at Frontier Group Holdings, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 3, 2025, Trevor Stedke, Sr. Vice President of Operations at Frontier Group Holdings, had 14,585 Restricted Stock Units (RSUs) vest.
- These RSUs converted into 14,585 shares of Frontier Group Holdings common stock.
- The company withheld 5,031 shares to cover tax obligations at a price of $8.43 per share.
- After the transactions, Stedke directly owns 182,704 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 regulatory filing detailing stock transactions, and therefore has a neutral sentiment.
Future Outlook
There are no forward-looking statements in this document.
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 transaction has a minor impact on shareholders as it reflects changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of earliest transaction: vesting of Restricted Stock Units and tax withholding. |
| 02/05/2025 | Date of signature for the Form 4 filing. |
Keywords
Frontier Group Holdings, Trevor Stedke, Restricted Stock Units, RSU, Vesting, Form 4, Stock, ULCC
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