Form 4: Frontier Group Holdings SVP, Human Resources, Steve Schuller, Reports Stock Transactions

Steve Schuller, SVP of Human Resources at Frontier Group Holdings, reports the vesting and subsequent tax withholding of restricted stock units.

Summary

• On February 1, 2025, Steve Schuller, SVP of Human Resources at Frontier Group Holdings, vested 37,664 Restricted Stock Units (RSUs) and received 85,254 shares of common stock.
• The company withheld 11,832 shares at a price of $8.43 to cover tax obligations related to the RSU vesting.
• Following these transactions, Schuller directly owns 73,422 shares of common stock.
• On February 3, 2025, Schuller vested 6,610 RSUs and received 80,032 shares of common stock.
• The company withheld 1,900 shares at a price of $8.43 to cover tax obligations related to the RSU vesting.
• Following these transactions, Schuller directly owns 78,132 shares of common stock.
• As of February 3, 2025, all of Schuller's remaining Restricted Stock Units have fully vested.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions, with neutral sentiment.

Positives

• The vesting of RSUs indicates a form of compensation and incentive for the reporting person.

Future Outlook

The remaining Restricted Stock Units vest in two substantially equal annual installments beginning on February 1, 2026.

Industry Context

This 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 that vest over time, aligning executive interests with shareholder value.
• Tax withholding practices related to RSU vesting are standard across publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates