Frontier Group (ULCC) director boosts stake with RSU exercise and new deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontier Group Holdings director Alejandro Daniel Wolff reported equity compensation-related transactions, increasing his ownership in the company. On May 14, 2026, he exercised 34,230 Restricted Stock Units into the same number of shares of common stock, bringing his direct common stock holdings to 124,413 shares. The filing shows the Restricted Stock Units were fully vested as of that date and had no expiration date.
On the same day, Wolff also received a grant of 32,990 Deferred Stock Units, each representing a contingent right to receive one share of common stock. These 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, with settlement in common stock under the company’s Non-Employee Director Compensation Program.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,230 shares exercised/converted
Mixed
3 txns
Insider
Wolff Alejandro Daniel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 34,230 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 32,990 | $0.00 | -- |
| Exercise | Common Stock | 34,230 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Deferred Stock Units — 32,990 shares (Direct, null);
Common Stock — 124,413 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date. The RSUs have fully vested as of May 14, 2026. 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 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 units
Common shares held after: 124,413 shares
Deferred Stock Units granted: 32,990 units
+3 more
6 metrics
RSUs exercised
34,230 units
Restricted Stock Units converted to common stock on May 14, 2026
Common shares held after
124,413 shares
Direct Frontier Group common stock holdings post-transaction
Deferred Stock Units granted
32,990 units
New DSU grant on May 14, 2026
DSU underlying shares
32,990 shares
Each DSU represents one share of common stock
RSU underlying shares
34,230 shares
Each RSU represented one share of common stock
Deferred Stock Unit vesting date
May 14, 2027
Latest possible vesting date, or earlier before next annual meeting
Key Terms
Restricted Stock Unit, Deferred Stock Unit, Non-Employee Director Compensation Program, contingent right
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"
contingent right financial
"represents a contingent right to receive one share of Issuer Common Stock."
FAQ
What insider transactions did ULCC director Alejandro Wolff report?
Director Alejandro Wolff reported exercising 34,230 Restricted Stock Units into common shares and receiving a grant of 32,990 Deferred Stock Units. These transactions reflect equity compensation rather than open-market buying or selling of Frontier Group Holdings (ULCC) stock.
What are the key details of the Restricted Stock Units in ULCC’s Form 4?
Each Restricted Stock Unit represented one share of Frontier Group common stock and had no expiration date. According to the filing, these RSUs were fully vested as of May 14, 2026, and 34,230 RSUs were converted into the same number of common shares.
What are the vesting terms of the Deferred Stock Units granted to ULCC’s director?
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 after the grant date. Once vested, they will be settled in Frontier Group common stock under the company’s Non-Employee Director Compensation Program.
Do the Deferred Stock Units in ULCC’s filing have an expiration date?
The Form 4 states that each Deferred Stock Unit represents a contingent right to receive one share of Frontier Group common stock and that the Deferred Stock Units have no expiration date. Vesting and settlement follow the company’s Non-Employee Director Compensation Program terms.
Are the ULCC Form 4 transactions open-market buys or compensation awards?
The transactions are compensation-related awards and conversions, not open-market trades. One entry reflects exercising 34,230 Restricted Stock Units, while another records a grant of 32,990 Deferred Stock Units, both categorized as acquisitions rather than market purchases or sales.