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Frontier Group (NASDAQ: ULCC) awards director 22,284 deferred units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steele Barron Elliot reported acquisition or exercise transactions in this Form 4 filing.

Frontier Group Holdings director Steele Barron Elliot received a grant of 22,284 Deferred Stock Units. These units were awarded at a price of $0.00 per unit and each represents a contingent right to receive one share of Frontier Group common stock.

The Deferred Stock Units have no expiration date and will vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholder meeting after the grant date, provided Elliot continues serving through that date. After vesting, they will be settled in common shares on a date Elliot selects under the company’s Non-Employee Director Compensation Program or as otherwise provided by the plan.

Positive

  • None.

Negative

  • None.
Insider Steele Barron Elliot
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 22,284 $0.00 --
Holdings After Transaction: Deferred Stock Units — 22,284 shares (Direct, null)
Footnotes (1)
  1. Each Deferred Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Deferred Stock Units have no expiration date. 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, subject to continued service of the Reporting Person through the vesting 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.
Deferred Stock Units granted 22,284 units Grant to director Steele Barron Elliot on June 15, 2026
Grant price per unit $0.00 per unit Deferred Stock Units award
Underlying common shares 22,284 shares One common share per Deferred Stock Unit
Vesting date trigger May 14, 2027 Earlier of this date or next annual meeting before settlement
Units held after grant 22,284 units Total Deferred Stock Units directly held following transaction
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.
vesting 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 after the grant date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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"), or (ii) as otherwise provided by the Plan."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Steele Barron Elliot
(Last)(First)(Middle)
C/O FRONTIER GROUP HOLDINGS, INC
4545 AIRPORT WAY
(Street)
DENVER COLORADO 80239
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Frontier Group Holdings, Inc. [ ULCC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)06/15/2026A22,284 (2) (2)Common Stock22,284$0.0022,284D
Explanation of Responses:
1. Each Deferred Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Deferred Stock Units have no expiration date.
2. 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, subject to continued service of the Reporting Person through the vesting 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.
Remarks:
/s/ Howard Diamond, as Attorney-in-fact for Barron Elliot Steele06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Frontier Group (ULCC) report for Steele Barron Elliot?

Frontier Group reported that director Steele Barron Elliot received 22,284 Deferred Stock Units as a grant at $0.00 per unit. Each unit is tied to one share of common stock, subject to vesting conditions and later share settlement.

How many Frontier Group (ULCC) Deferred Stock Units were granted in this Form 4?

The Form 4 shows a grant of 22,284 Deferred Stock Units to director Steele Barron Elliot. Following this transaction, he holds 22,284 such units directly, each corresponding to one underlying share of Frontier Group common stock upon settlement.

When do Steele Barron Elliot’s Frontier Group (ULCC) Deferred Stock Units vest?

The Deferred Stock Units will vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholder meeting after the grant date. Vesting requires Steele Barron Elliot to continue serving as a director through the applicable vesting date.

What does each Deferred Stock Unit represent for Frontier Group (ULCC)?

Each Deferred Stock Unit represents a contingent right to receive one share of Frontier Group common stock. The units have no expiration date and, once vested, will be settled in shares under the company’s Non-Employee Director Compensation Program or as that plan otherwise provides.

How and when will Frontier Group (ULCC) Deferred Stock Units be settled into shares?

After vesting, the Deferred Stock Units will be settled in shares of Frontier Group common stock. Settlement occurs either on a date Steele Barron Elliot selects under the Non-Employee Director Compensation Program or according to alternative timing specified by that plan.