Frontier (ULCC) EVP Howard Diamond nets 157,321 shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontier Group Holdings EVP Howard Diamond reported equity awards vesting and related tax share withholdings. On February 6, 2026, 18,335 Restricted Stock Units (RSUs) converted into the same number of common shares, with 8,021 shares withheld at $5.65 to cover taxes.
On February 8, 2026, additional RSUs for 11,328 and 6,442 shares were exercised into common stock, with 4,956 and 2,818 shares withheld at $6.52 for taxes. After these transactions, Diamond directly held 157,321 shares of Frontier common stock and 36,671 RSUs, which vest in two substantially equal annual installments beginning on February 6, 2027. The filing states no shares were sold by him; share reductions reflect issuer tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
36,105 shares exercised/converted
Mixed
9 txns
Insider
Diamond Howard
Role
EVP, Legal & Corporate Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,328 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,442 | $0.00 | -- |
| Exercise | Common Stock | 11,328 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,956 | $6.52 | $32K |
| Exercise | Common Stock | 6,442 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,818 | $6.52 | $18K |
| Exercise | Restricted Stock Units | 18,335 | $0.00 | -- |
| Exercise | Common Stock | 18,335 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,021 | $5.65 | $45K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 158,653 shares (Direct)
Footnotes (1)
- Relates solely to the settlement of previously granted Restricted Stock Units upon vesting. No shares were sold by the Reporting Person. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date. Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting on February 6, 2026, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person. Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on February 8, 2026, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person. The remaining Restricted Stock Units vest in two substantially equal annual installments beginning on February 6, 2027. The Restricted Stock Units have fully vested as of February 8, 2026.
FAQ
What did Frontier Group (ULCC) EVP Howard Diamond report in this Form 4?
Howard Diamond reported vesting of multiple Restricted Stock Unit (RSU) grants that converted into Frontier common stock. Related shares were withheld by the company solely to satisfy tax obligations, and the filing states no open-market sales were made by him.
What RSU vesting activity did Frontier (ULCC) report for Howard Diamond on February 6, 2026?
On February 6, 2026, 18,335 Restricted Stock Units converted into 18,335 Frontier common shares for Howard Diamond. The company withheld 8,021 of those shares at $5.65 per share to cover tax obligations, leaving him with 147,325 directly held shares afterward.
What RSU and tax withholding transactions occurred on February 8, 2026 for ULCC?
On February 8, 2026, RSUs for 11,328 and 6,442 shares vested into Frontier common stock for Howard Diamond. The company withheld 4,956 and 2,818 shares at $6.52 per share for taxes, resulting in a direct holding of 157,321 shares after all entries.
How many Restricted Stock Units remain for Howard Diamond at Frontier (ULCC) and when do they vest?
Following the reported transactions, Howard Diamond holds 36,671 Restricted Stock Units. According to the filing, these remaining RSUs vest in two substantially equal annual installments beginning on February 6, 2027, providing additional future share delivery if conditions are met.
What does the Form 4 say about the status of certain RSU grants as of February 8, 2026?
The Form 4 notes that certain Restricted Stock Units had fully vested as of February 8, 2026. Those fully vested RSUs were then settled into Frontier common shares, with a portion of the resulting shares withheld by the issuer to satisfy related tax withholding obligations.