Frontier director acquires shares via RSU exercise
Frontier Group Holdings, Inc. director Nancy Lipson reported equity-based compensation activity rather than open-market trading.
Rhea-AI Filing Summary
Frontier Group Holdings, Inc. director Nancy Lipson reported equity-based compensation activity rather than open-market trading. On May 14, 2026, she exercised 34,230 Restricted Stock Units, receiving an equal number of Frontier common shares, bringing her direct common stock holdings to 60,524 shares.
She was also granted 32,990 Deferred Stock Units, each representing a right to receive one Frontier common share in the future. These Deferred Stock Units will vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholders meeting after the grant date, and will be settled in common stock under the company’s Non-Employee Director Compensation Program.
Positive
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Negative
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Insider Trade Summary
34,230 shares exercised/converted
Exercise
3 txns
Insider
Lipson Nancy
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 — 60,524 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: 34,230 shares
Shares held after exercise: 60,524 shares
Deferred Stock Units granted: 32,990 units
+4 more
7 metrics
RSUs exercised
34,230 shares
Restricted Stock Units converted to Frontier common stock on May 14, 2026
Shares held after exercise
60,524 shares
Direct Frontier common stock holdings following RSU exercise
Deferred Stock Units granted
32,990 units
Director equity award on May 14, 2026, each tied to one common share
Deferred Stock Units underlying shares
32,990 shares
Each DSU represents a right to one Frontier common share
RSU underlying shares
34,230 shares
Each Restricted Stock Unit represents one common share upon settlement
RSU vesting date
May 14, 2026
RSUs fully vested as of this date before exercise
DSU latest vesting date
May 14, 2027
DSUs vest on this date or earlier, before the next annual meeting
Key Terms
Restricted Stock Units, Deferred Stock Units, Non-Employee Director Compensation Program, vest in full, +1 more
5 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.
Deferred Stock Units financial
"Each Deferred Stock Unit represents a contingent right to receive one share of Issuer Common Stock."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
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 in full financial
"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"
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock."
FAQ
What insider transaction did Nancy Lipson report for Frontier Group Holdings (ULCC)?
Nancy Lipson reported equity compensation-related transactions, not open-market trades. She exercised 34,230 Restricted Stock Units into Frontier common stock and received a grant of 32,990 Deferred Stock Units, all as part of her role as a non-employee director.
What are the terms of Nancy Lipson’s Deferred Stock Units at Frontier (ULCC)?
The 32,990 Deferred Stock Units each represent a right to one Frontier common share. They vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholders meeting, and are settled in shares under the company’s Non-Employee Director Compensation Program.
What happened to Nancy Lipson’s Restricted Stock Units at Frontier (ULCC)?
Her Restricted Stock Units fully vested as of May 14, 2026. She then exercised 34,230 units, converting them into 34,230 Frontier common shares at a stated conversion price of $0.00 per unit, increasing her direct share ownership to 60,524 common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
