Alexandre Clerc reduces Frontier Group Holdings (ULCC) stake by 10,210 shares
Rhea-AI Filing Summary
Frontier Group Holdings, Inc. senior vice president, Customers, Alexandre Clerc reported selling a total of 10,210 shares of common stock.
The sales occurred on July 31, 2026 (7,142 shares at $7.1301) and August 4, 2026 (3,068 shares at $8.174) in transactions coded as sales in the open market or private transactions. The Rule 10b5-1 trading-plan checkbox was not marked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,210 shares
Net Sell
2 txns
Insider
Clerc Alexandre
Role
SVP, Customers
Sold
10,210 shs ($76K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,068 | $8.174 | $25K |
| Sale | Common Stock | 7,142 | $7.1301 | $51K |
Holdings After Transaction:
Common Stock — 37,488 shares (Direct)
Key Figures
Shares sold on 2026-07-31: 7142.0000 shares
Shares sold on 2026-08-04: 3068.0000 shares
Total shares sold: 10210 shares
+1 more
4 metrics
Shares sold on 2026-07-31
7142.0000 shares
Non-derivative sale of common stock on July 31, 2026 at $7.1301 per share
Shares sold on 2026-08-04
3068.0000 shares
Non-derivative sale of common stock on August 4, 2026 at $8.1740 per share
Total shares sold
10210 shares
Sum of both reported non-derivative sales in July and August 2026
Sale price 2026-07-31
7.1301 per share
Reported transaction price for the July 31, 2026 common stock sale
Key Terms
Rule 10b5-1, open market or private transaction, Common Stock
3 terms
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading-plan checkbox was not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"Transaction code S is described as a sale in open market or private transaction"
Common Stock financial
"Security title for both transactions is Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How are Alexandre Clerc’s ULCC transactions classified in the Form 4 coding?
Both transactions use transaction code S, described as a sale in open market or private transaction. They are reported as non-derivative sales of common stock with direct ownership (code D), and the filing’s transaction summary shows net-sell activity of 10,210 shares.
Did Frontier Group Holdings indicate Alexandre Clerc’s ULCC sales were under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is reported as false, meaning it was not checked. Based on this filing, the company did not affirm that these specific sales were executed under a pre-arranged Rule 10b5-1 trading plan.