Frontier Group director exercises RSUs, gets DSUs
Frontier Group Holdings director Patricia Salas Pineda increased her equity exposure through compensation-related awards.
Rhea-AI Filing Summary
Frontier Group Holdings director Patricia Salas Pineda increased her equity exposure through compensation-related awards. She exercised Restricted Stock Units into 34,230 shares of Common Stock at a stated price of $0.00 per share, bringing her direct Common Stock holdings to 149,763 shares.
She also received a grant of 32,990 Deferred Stock Units, each representing a contingent right to one share of Common Stock. These Deferred Stock Units vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholder meeting after the grant date and will be settled in Common Stock under the company’s Non-Employee Director Compensation Program.
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Negative
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Insider Trade Summary
34,230 shares exercised/converted
Exercise
3 txns
Insider
Pineda Patricia Salas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 34,230 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 32,990 | $0.00 | $0.00 |
| Exercise | Common Stock | 34,230 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Deferred Stock Units — 32,990 contracts (Direct);
Common Stock — 149,763 shares (Direct)
Footnotes (4)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date.
- F2. The RSUs have fully vested as of May 14, 2026.
- F3. Each Deferred Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Deferred Stock Units have no expiration date.
- F4. The Deferred Stock Units will vest in full on the earlier of May 14, 2027 or immediately prior to the next annual meeting of stockholders after the grant date and will be settled in shares of the Issuer's Common Stock either (i) on a date selected by the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Program (the "Plan"), or (ii) as otherwise provided by the Plan.
Key Figures
RSUs exercised into Common Stock: 34,230 shares
Common Stock held after transactions: 149,763 shares
Deferred Stock Units granted: 32,990 units
+3 more
6 metrics
RSUs exercised into Common Stock
34,230 shares
Exercised on May 14, 2026 at $0.00 per share
Common Stock held after transactions
149,763 shares
Direct holdings following RSU exercise
Deferred Stock Units granted
32,990 units
Grant on May 14, 2026 at $0.00 per unit
Deferred Stock Unit vesting date
May 14, 2027
Or immediately prior to the next annual stockholder meeting
Deferred Stock Unit settlement ratio
1 share per unit
Each unit represents a right to one Common Share
RSU balance after exercise
0 units
All reported Restricted Stock Units fully vested and converted
Key Terms
Restricted Stock Unit, Deferred Stock Unit, Non-Employee Director Compensation Program, vest
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Deferred Stock Unit financial
"Each Deferred Stock Unit represents a contingent right to receive one share of Issuer Common Stock."
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
Non-Employee Director Compensation Program financial
"settled in shares of the Issuer's Common Stock either (i) on a date selected by the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Program (the "Plan")"
vest financial
"The Deferred Stock Units will vest in full on the earlier of May 14, 2027 or immediately prior to the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did ULCC director Patricia Salas Pineda report?
Patricia Salas Pineda reported compensation-related equity transactions. She exercised Restricted Stock Units into 34,230 shares of Frontier Group Holdings Common Stock and received 32,990 Deferred Stock Units, all recorded at a stated price of $0.00 per unit or share.
What are the terms of Patricia Salas Pineda’s Deferred Stock Units at Frontier Group (ULCC)?
Each Deferred Stock Unit represents a contingent right to one share of Common Stock. The 32,990 Deferred Stock Units vest in full on the earlier of May 14, 2027 or immediately prior to the next annual stockholder meeting and are settled in shares under the director compensation plan.
What happened to the Restricted Stock Units reported by ULCC’s director?
The Restricted Stock Units fully vested as of May 14, 2026 and were exercised into 34,230 shares of Common Stock. Following this exercise, the reported Restricted Stock Unit balance is zero, while the director’s direct Common Stock holdings increased to 149,763 shares.
Are the ULCC insider transactions open-market buys or compensation awards?
The transactions are compensation-related awards and conversions, not open-market purchases or sales. They consist of exercising fully vested Restricted Stock Units into Common Stock and receiving a new grant of Deferred Stock Units under the Non-Employee Director Compensation Program.
AI-generated analysis. How Rhea-AI works. Not financial advice.
