Form 4: Frontier Group Holdings SVP & CFO Mark Mitchell Reports Stock Transactions
SEC Form 4
Mark Mitchell, SVP & CFO of Frontier Group Holdings, reports the vesting and tax withholding of restricted stock units.
Summary
- On February 8, 2025, Mark Mitchell, SVP & CFO of Frontier Group Holdings, engaged in transactions involving common stock and restricted stock units.
- Mitchell acquired 3,657 shares of common stock upon the vesting of restricted stock units.
- An additional 3,706 shares were acquired upon vesting of more restricted stock units.
- 1,599 shares were withheld by the issuer to cover tax obligations at a price of $9.34.
- Another 1,621 shares were withheld by the issuer to cover tax obligations at a price of $9.34.
- Following these transactions, Mitchell directly owns 112,086 shares of Frontier Group Holdings common stock and 2,471 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions.
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, as required by SEC regulations. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- Shareholders are informed about the executive's stock transactions, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 02/08/2025 | Date of stock transactions and vesting of restricted stock units. |
| 02/08/2026 | Date the remaining Restricted Stock Units vest. |
| 02/11/2025 | Date of signature for the Form 4 filing. |
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