Frontier (NASDAQ: ULCC) SVP Schroeter vests RSUs, covers taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontier Group Holdings, Inc. (ULCC) reported an insider equity transaction by SVP and Chief Commercial Officer Robert Schroeter. On February 6, 2026, 14,421 previously granted Restricted Stock Units vested and were settled in shares of common stock, with no shares sold by Schroeter.
To cover tax withholding on this vesting, the company withheld 4,975 shares of common stock at $5.65 per share. After these transactions, Schroeter directly owns 49,022 shares of Frontier common stock and 28,842 Restricted Stock Units, which vest in two substantially equal annual installments beginning February 6, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,421 shares exercised/converted
Mixed
3 txns
Insider
Schroeter Robert
Role
SVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,421 | $0.00 | -- |
| Exercise | Common Stock | 14,421 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,975 | $5.65 | $28K |
Holdings After Transaction:
Restricted Stock Units — 28,842 shares (Direct);
Common Stock — 53,997 shares (Direct)
Footnotes (1)
- Relates solely to the settlement of previously granted Restricted Stock Units upon vesting. No shares were sold by the Reporting Person. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date. Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting on February 6, 2026, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person. The remaining Restricted Stock Units vest in two substantially equal annual installments beginning on February 6, 2027.
FAQ
What insider transaction did Frontier (ULCC) report for Robert Schroeter?
Frontier (ULCC) reported that SVP and Chief Commercial Officer Robert Schroeter had 14,421 Restricted Stock Units vest and convert into common stock. These RSUs were previously granted awards that settled in shares without any open-market sale by Schroeter.
What Restricted Stock Unit balance remains for the Frontier (ULCC) executive?
Following the vesting event, the Frontier (ULCC) executive holds 28,842 Restricted Stock Units. According to the filing, these remaining RSUs vest in two substantially equal annual installments beginning on February 6, 2027, subject to their original grant terms.
How do the Frontier (ULCC) Restricted Stock Units work in this Form 4?
Each Restricted Stock Unit for Frontier (ULCC) represents a contingent right to receive one share of common stock. The filing notes that these RSUs have no expiration date and convert into shares upon vesting events such as the one reported on February 6, 2026.