ULCC.NASDAQFrontier Group Holdings, INC

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

Sentiment:

SEC Form 4

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

Summary

  • On October 25, 2024, Steve Schuller, SVP of Human Resources at Frontier Group Holdings, had restricted stock units vest.
  • 26,041 restricted stock units vested and were settled for common stock.
  • The issuer withheld 7,486 shares to cover tax obligations at a price of $6.98 per share.
  • Following these transactions, Schuller directly owns 52,590 shares of common stock and 52,084 restricted stock units.
  • The remaining restricted stock units vest in two equal annual installments beginning October 25, 2025.

Sentiment

Score: 5

Explanation: This Form 4 filing is a routine disclosure of stock transactions related to executive compensation and does not inherently indicate positive or negative sentiment.

Positives

  • The vesting of restricted stock units 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 October 25, 2025.

Industry Context

This is a routine disclosure related to executive compensation and is typical for publicly traded companies.

Key Dates

DateDescription
10/25/2024Date of transaction: vesting of restricted stock units and tax withholding.
10/25/2025First vesting date of the remaining restricted stock units in two substantially equal annual installments.
10/29/2024Date of report.

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