Frontier Group director exercises RSUs, gets new grant
Frontier Group Holdings director Brian H. Franke reported equity compensation changes, not open-market trades.
Rhea-AI Filing Summary
Frontier Group Holdings director Brian H. Franke reported equity compensation changes, not open-market trades. A prior batch of 34,230 Restricted Stock Units (RSUs) was exercised into the same number of common shares, bringing his directly held common stock to 4,529,345 shares. He also received a new grant of 32,990 RSUs, each representing one share of common stock, which will vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholder meeting, subject to continued service. Separately, a family trust associated with him holds 1,244,013 common shares, and he disclaims beneficial ownership of those trust shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,230 shares exercised/converted
Exercise
4 txns
Insider
Franke Brian H.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 34,230 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 32,990 | $0.00 | $0.00 |
| Exercise | Common Stock | 34,230 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 32,990 contracts (Direct);
Common Stock — 4,529,345 shares (Direct);
Common Stock — 1,244,013 shares (Indirect, By Family Trust)
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 Reporting Person disclaims beneficial ownership of these shares of Issuer Common Stock, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares of Issuer Common Stock for purposes of Section 16 or for any other purposes.
- F3. The RSUs have fully vested as of May 14, 2026.
- F4. The RSUs 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, subject to continued service of the Reporting Person through the vesting date.
Key Figures
RSUs exercised into common stock: 34,230 shares
New RSU grant: 32,990 units
Direct common shares after transactions: 4,529,345 shares
+2 more
5 metrics
RSUs exercised into common stock
34,230 shares
Exercise of Restricted Stock Units into common stock on May 14, 2026
New RSU grant
32,990 units
New Restricted Stock Unit award on May 14, 2026
Direct common shares after transactions
4,529,345 shares
Directly held Frontier Group common stock following Form 4 transactions
Indirect family trust holdings
1,244,013 shares
Common stock held indirectly by family trust, with beneficial ownership disclaimed
RSU to share ratio
1:1
Each RSU represents a contingent right to one common share
Key Terms
Restricted Stock Units, beneficial ownership, Family Trust, Section 16
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these shares of Issuer Common Stock..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Family Trust financial
"total_shares_following_transaction ... indirect ... nature_of_ownership: By Family Trust"
Section 16 regulatory
"beneficial owner of these shares of Issuer Common Stock for purposes of Section 16 or for any other purposes."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider activity did Brian H. Franke report at Frontier Group Holdings (ULCC)?
Brian H. Franke reported equity compensation activity, not open-market trading. He exercised 34,230 previously granted Restricted Stock Units into common stock and received a new grant of 32,990 RSUs tied to continued service with Frontier Group Holdings.
What are the terms of the new 32,990 RSU grant to Brian H. Franke at ULCC?
The new grant of 32,990 Restricted Stock Units represents a contingent right to receive one Frontier Group common share per unit. These RSUs vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholder meeting, subject to his continued service.
What does Brian H. Franke’s family trust hold in Frontier Group Holdings (ULCC)?
A family trust associated with Brian H. Franke holds 1,244,013 Frontier Group common shares. He reports these as indirect holdings and expressly disclaims beneficial ownership, meaning he does not concede personal economic or voting ownership for Section 16 purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
