RSU vesting lifts Frontier Group (ULCC) CFO share stake
Rhea-AI Filing Summary
Frontier Group Holdings SVP & CFO Mark Christopher Mitchell reported equity award vesting and related tax withholding. On February 6, 2026, 14,421 Restricted Stock Units (RSUs) converted into an equal number of common shares, increasing his directly held stock. The company withheld 6,309 shares at $5.65 solely to cover taxes, which the filing states does not represent a sale by him.
On February 8, 2026, additional RSU tranches of 3,657 and 2,471 units were settled into common stock, with 1,599 and 1,081 shares, respectively, withheld for taxes at $6.52 per share. After these transactions, Mitchell owned 178,785 shares of Frontier common stock directly. The filing notes 28,842 RSUs remained outstanding after the February 6 settlement and that the remaining RSUs vest in two substantially equal annual installments beginning on February 6, 2027, while certain RSUs were fully vested as of February 8, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,657 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,471 | $0.00 | -- |
| Exercise | Common Stock | 3,657 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,599 | $6.52 | $10K |
| Exercise | Common Stock | 2,471 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,081 | $6.52 | $7K |
| Exercise | Restricted Stock Units | 14,421 | $0.00 | -- |
| Exercise | Common Stock | 14,421 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,309 | $5.65 | $36K |
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. 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 Person on February 8, 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. The Restricted Stock Units have fully vested as of February 8, 2026.