Form 4: Frontier Group SVP Clerc Reports RSU Vesting, Tax Withholding

Alexandre Clerc, SVP of Customers at Frontier Group Holdings, Inc., reported the vesting of Restricted Stock Units and subsequent share acquisition, with a portion withheld for tax obligations.

Summary

• Alexandre Clerc, SVP, Customers of Frontier Group Holdings, Inc. (ULCC), reported transactions on January 8, 2026.
• The transactions involved the settlement of previously granted Restricted Stock Units (RSUs) upon vesting.
• Clerc acquired 47,081 shares and 9,416 shares of Common Stock through RSU vesting.
• A total of 15,741 shares and 2,707 shares of Common Stock were withheld by the Issuer at a price of $4.73 per share to satisfy tax withholding obligations.
• These withheld shares do not represent a sale by the reporting person.
• Following these transactions, Clerc beneficially owns 33,967 shares and 40,676 shares of Common Stock directly.
• Remaining Restricted Stock Units include 94,162 units, which vest in two substantially equal annual installments starting January 8, 2027, and 9,417 units, which fully vest on January 8, 2027.

Sentiment

Score: 5

Explanation: The filing reports a routine executive compensation event involving RSU vesting and tax withholding, which is neutral in terms of company performance or outlook.

Positives

• Vesting of Restricted Stock Units indicates continued compensation and retention of a key executive.
• The acquisition of shares through RSU vesting increases the executive's direct ownership in the company.

Negatives

• A significant number of shares (15,741 and 2,707) were withheld by the issuer to cover tax obligations, reducing the net shares received by the executive.

Future Outlook

Remaining Restricted Stock Units for Alexandre Clerc are scheduled to vest in future installments, with significant portions vesting on January 8, 2027, and subsequent annual installments.

Industry Context

This filing represents a routine executive compensation event, common across publicly traded companies, where Restricted Stock Units vest as part of an executive's long-term incentive plan. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minor dilution from RSU vesting, but also aligns executive interests with shareholder value.
• Employees: Reflects standard executive compensation practices.

Next Steps

• Remaining 94,162 Restricted Stock Units will vest in two substantially equal annual installments beginning on January 8, 2027.
• Remaining 9,417 Restricted Stock Units will fully vest on January 8, 2027.

Key Dates

Keywords

Frontier Group Holdings, ULCC, Alexandre Clerc, SVP Customers, Restricted Stock Units, RSU vesting, insider transaction, stock ownership, tax withholding, executive compensation