Frontier Group (ULCC) Files Form 144 for 26,306-Share Sale via UBS
Rhea-AI Filing Summary
The filer submitted a Form 144 proposing the sale of 26,306 shares of common stock through UBS Financial Services on 09/02/2025, with an aggregate market value of $149,272. The filing reports total shares outstanding of 228,155,458. The securities were acquired through an ESOP on 11/20/2023 (17,957 shares) and RSUs on 02/23/2024 (8,349 shares). The filer reports no sales in the past three months and includes the standard representation that they are not aware of any undisclosed material adverse information about the issuer.
Positive
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Negative
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Insights
TL;DR: Routine Rule 144 notice to sell a small block of shares relative to total outstanding, disclosed through a broker.
The filing documents a proposed sale of 26,306 common shares via UBS Financial Services with an aggregate market value of $149,272. Acquisition sources are clearly stated as ESOP (11/20/2023) and RSUs (02/23/2024), and the filer reports no sales in the prior three months. This is a compliance-driven disclosure under Rule 144; the filing provides the broker, planned sale date, and acquisition history necessary for public transparency.
TL;DR: Standard insider/affiliate notice documenting planned disposition and confirming no undisclosed material information.
The notice includes the required attestations, acquisition dates and types, and the broker details. It states the filer does not possess undisclosed material adverse information and notes the absence of recent sales in the past three months. The submission follows the procedural requirements for a proposed sale under Rule 144 and serves to keep the market informed of an insider's planned transaction.