Form 4: Frontier Group Holdings VP & CAO Josh A. Wetzel Reports Stock Transactions
SEC Form 4 Filing
Josh A. Wetzel, VP & CAO of Frontier Group Holdings, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 5, 2025, Josh A. Wetzel, VP & CAO of Frontier Group Holdings, had 4,618 Restricted Stock Units (RSUs) vest, which were settled for 6,040 shares of common stock.
- The company withheld 1,593 shares at a price of $8.15 to cover tax obligations related to the vesting of the RSUs.
- Following these transactions, Wetzel directly owns 4,447 shares of common stock and 4,619 Restricted Stock Units.
- The remaining Restricted Stock Units will vest on February 5, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The remaining Restricted Stock Units will vest on February 5, 2026.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding executive compensation and ownership.
Stakeholder Impact
- Shareholders are informed about the insider transactions of a key executive.
- The transactions have a minor impact on the company's share structure due to the vesting of RSUs and subsequent tax withholding.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of RSU vesting and stock transactions. |
| 02/05/2026 | Date the remaining Restricted Stock Units will vest. |
| 02/07/2025 | Date of Form 4 signature. |
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