Frontier Group (NASDAQ: ULCC) VP & CAO Wetzel sells 13,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontier Group Holdings VP & CAO Josh A. Wetzel sold 13,500 shares of common stock at a weighted average price of $4.7506 per share. After this open-market sale, he directly holds 12,061 Frontier Group Holdings shares. The sale price reflects multiple individual trades averaged into a single reported figure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,500 shares ($64,133)
Net Sell
1 txn
Insider
Wetzel Josh A
Role
VP & CAO
Sold
13,500 shs ($64K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,500 | $4.7506 | $64K |
Holdings After Transaction:
Common Stock — 12,061 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 13,500 shares
Weighted average sale price: $4.7506 per share
Shares held after transaction: 12,061 shares
3 metrics
Shares sold
13,500 shares
Open-market sale of Frontier Group Holdings common stock
Weighted average sale price
$4.7506 per share
Price received for sold ULCC shares
Shares held after transaction
12,061 shares
Direct ownership after reported sale
Key Terms
weighted average price, open-market sale, Common Stock
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did ULCC executive Josh A. Wetzel report?
Josh A. Wetzel, VP & CAO of Frontier Group Holdings (ULCC), reported selling 13,500 shares of common stock. The sale occurred in the open market and was reported as a single transaction on the Form 4 filing.
Does the ULCC Form 4 mention a weighted average sale price?
Yes. The Form 4 states the $4.7506 figure is a weighted average price for the sold shares. It also notes that detailed price and share breakdowns can be provided upon request to interested parties.