Frontier Group (ULCC) Form 4 shows RSU vesting; 13,568 shares held
Rhea-AI Filing Summary
Frontier Group Holdings (ULCC) Form 4: VP & CAO Josh A. Wetzel reported the vesting and settlement of 17,361 shares of common stock from previously granted restricted stock units on 10/25/2025 (Transaction Code M). To cover taxes, the issuer withheld 4,991 shares at $4.15 (Code F), which the filing notes does not represent a sale by the reporting person. Following these transactions, Wetzel beneficially owns 13,568 shares directly. Each RSU equals one share and has no expiration, and the remaining RSUs fully vest on 10/25/2026. The filing states no shares were sold by the reporting person; the activity reflects routine equity award vesting and tax withholding.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; neutral impact.
ULCC disclosed a standard equity event: 17,361 RSUs vested, with 4,991 shares withheld for taxes at $4.15. This aligns with typical executive compensation mechanics and does not involve open-market selling.
Post-transaction ownership is 13,568 shares directly. RSUs convert 1:1 to common and the remaining units fully vest on 10/25/2026, indicating a scheduled future vesting date.
There is no cash inflow to the company and no sale proceeds to the insider in this excerpt; actual market impact depends on future holder actions and is not indicated here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,361 | $0.00 | -- |
| Exercise | Common Stock | 17,361 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,991 | $4.15 | $21K |
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 October 25, 2025, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person. The remaining Restricted Stock Units fully vest on October 25, 2026.