ULCC CEO vests 234,375 RSUs; 102,539 shares withheld for tax
Frontier Group Holdings (ULCC): CEO/Form 4 activity.
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Rhea-AI Filing Summary
Frontier Group Holdings (ULCC): CEO/Form 4 activity. CEO and director Barry L. Biffle reported RSU vesting on October 25, 2025. He acquired 234,375 shares of common stock via RSU settlement (code M), with the company withholding 102,539 shares at $4.15 solely to cover taxes (code F). After these transactions, he directly holds 931,836 common shares.
Each RSU represents the right to receive one share and has no expiration. The filing notes that the remaining 234,375 RSUs fully vest on October 25, 2026, and that no shares were sold by the reporting person.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 234,375 | $0.00 | $0.00 |
| Exercise | Common Stock | 234,375 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 102,539 | $4.15 | $426K |
Footnotes (4)
- F1. Relates solely to the settlement of previously granted Restricted Stock Units upon vesting. No shares were sold by the Reporting Person.
- F2. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date.
- F3. 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.
- F4. The remaining Restricted Stock Units fully vest on October 25, 2026.
FAQ
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What did ULCC’s CEO report on Form 4?
When do the remaining ULCC RSUs vest?
What roles does the reporting person hold at ULCC?
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