[144] Frontier Group Holdings, Inc. SEC Filing
Frontier Group Holdings, Inc. (ULCC) filing reports a proposed sale under Rule 144 of 35,401 common shares through UBS Financial Services with an aggregate market value of $194,705.50. The shares represent part of a holding of 228,155,458 outstanding shares and were acquired as restricted stock units on 10/25/2024 from the issuer. The filer also reported recent sales totaling 57,809 common shares on 09/02/2025 and 09/03/2025 with gross proceeds of $149,268 and $182,712 respectively. The notice includes the signer’s representation that they are not aware of any undisclosed material adverse information about the issuer.
- Compliance disclosure: The filer properly submitted a Rule 144 notice specifying broker, quantity, and aggregate value
- Transparency on acquisition: The filing states the shares were acquired as RSUs on 10/25/2024, clarifying the nature and date of acquisition
- Prior sales disclosed: Recent open-market sales on 09/02/2025 and 09/03/2025 are reported with gross proceeds, aiding investor transparency
- None.
Insights
TL;DR: Routine Rule 144 sale of RSUs disclosed; sizes are small relative to shares outstanding and indicate compliance with disclosure rules.
The filing documents a proposed sale of 35,401 common shares acquired as RSUs on 10/25/2024 and shows recent open-market sales of 26,306 and 31,503 shares in early September 2025. The aggregate market value of the proposed sale is stated as $194,705.50. From an investor-impact perspective, the disclosed amounts are modest relative to the issuer's 228.16 million shares outstanding, suggesting limited immediate market impact. The form affirms the filer’s representation regarding material nonpublic information, consistent with Rule 144 disclosure practice.
TL;DR: Filing shows insider compliance with Rule 144 and public disclosure of prior sales; no governance red flags in the notice itself.
The notice specifies the sale will be executed via UBS Financial Services and lists acquisition details (RSU grant by Frontier Group Holdings Inc on 10/25/2024). The signer affirms no undisclosed material adverse information, and the document warns about criminal penalties for misstatements. This is a standard compliance disclosure rather than a governance action; it provides transparency about insider transactions but does not, by itself, imply governance concerns.