Insider at Frontier Group (ULCC) sells 10,000 shares in open market

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Frontier Group Holdings, Inc. senior vice president of human resources Steve Schuller reported an open-market sale of 10,000 shares of Common Stock. The sale occurred on June 5, 2026 at a weighted average price of $6.0011 per share, with individual trades ranging from $6.00 to $6.02. After this transaction, Schuller directly holds 97,175 shares of Frontier Group common stock.

Insider Trade Summary

Net Seller: 10,000 shares ($60,011)

Net Sell 1 txn

Insider Schuller Steve

Role SVP, Human Resources

Sold 10,000 shs ($60K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$6.0011	$60K

Holdings After Transaction: Common Stock — 97,175 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 10,000 shares Weighted average sale price: $6.0011 per share Sale price range: $6.00–$6.02 per share +1 more

4 metrics

Shares sold 10,000 shares Open-market sale on June 5, 2026

Weighted average sale price $6.0011 per share Common Stock sale

Sale price range $6.00–$6.02 per share Multiple transactions included in sale

Shares held after transaction 97,175 shares Direct ownership following sale

Key Terms

open-market sale, weighted average price, Common Stock, Form 4

4 terms

open-market sale financial

"reported an open-market sale of 10,000 shares of Common Stock"

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.

weighted average price financial

"at a weighted average price of $6.0011 per share"

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.

Common Stock financial

"10,000 shares of 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.

Form 4 regulatory

"reported in the Form 4 insider trading disclosure"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

06/09/2026 - 04:04 PM

SEC Form 4

FORM 4

UNITED 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^*

Schuller Steve

(Last)

(First)

(Middle)

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Human Resources

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/05/2026		S		10,000	D	$6.0011⁽¹⁾	97,175	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.02, inclusive. The Reporting Person undertakes to provide to Frontier Group Holdings, Inc., any security holder of Frontier Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

Remarks:

	/s/ Howard Diamond, as Attorney-in-fact for Steve Schuller	06/09/2026
	** Signature of Reporting Person	Date
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 ULCC disclose for Steve Schuller?

Frontier Group Holdings (ULCC) disclosed that SVP of Human Resources Steve Schuller sold 10,000 shares of Common Stock in an open-market transaction, leaving him with 97,175 shares directly owned after the sale.

At what price did the ULCC insider sell 10,000 shares?

The 10,000 Frontier Group (ULCC) shares were sold at a weighted average price of $6.0011. According to the disclosure, individual sale prices ranged from $6.00 to $6.02 per share across multiple transactions on June 5, 2026.

How many ULCC shares does Steve Schuller hold after this sale?

After selling 10,000 shares, Steve Schuller directly holds 97,175 Frontier Group (ULCC) Common Stock shares. This figure reflects his post-transaction position as reported in the Form 4 insider trading disclosure filed with regulators.

Was the ULCC insider sale an open-market transaction?

Yes. The Form 4 identifies Steve Schuller’s 10,000-share disposition as an open-market sale of Frontier Group (ULCC) Common Stock, using transaction code “S,” which denotes a sale in the open market or a private transaction.

What does the weighted average price mean in the ULCC Form 4 filing?

The weighted average price of $6.0011 for the ULCC sale reflects multiple trades between $6.00 and $6.02. The filing notes the insider will provide detailed share counts at each individual price upon request to investors or regulators.