Frontier (ULCC) director awarded 32,990 RSUs, exercises 6,721 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontier Group Holdings director Anthony David Salcido reported equity compensation activity. On May 14, 2026, he exercised 6,721 Restricted Stock Units into 6,721 shares of Common Stock, which he now holds directly. He was also granted 32,990 new Restricted Stock Units, each representing one share of Common Stock.
The newly granted 32,990 RSUs will vest in full on the earlier of May 14, 2027 or immediately before the next annual meeting of stockholders after the grant date, subject to his continued service. The filing reflects routine equity awards and derivative exercises rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,721 shares exercised/converted
Mixed
3 txns
Insider
Salcido Anthony David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,721 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 32,990 | $0.00 | -- |
| Exercise | Common Stock | 6,721 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 6,721 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. The RSUs 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.
Key Figures
Common shares acquired: 6,721 shares
RSUs granted: 32,990 units
Total Common Stock after transaction: 6,721 shares
+1 more
4 metrics
Common shares acquired
6,721 shares
Shares of Common Stock received from RSU exercise on May 14, 2026
RSUs granted
32,990 units
New Restricted Stock Unit award on May 14, 2026
Total Common Stock after transaction
6,721 shares
Direct Common Stock holdings following reported transactions
RSU exercise volume
6,721 units
Restricted Stock Units converted into Common Stock
Key Terms
Restricted Stock Units, derivative security, vest, annual meeting of stockholders
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"The RSUs have fully vested as of May 14, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"will vest in full on the earlier of May 14, 2027 or immediately prior to the next annual meeting of stockholders"
FAQ
What insider transactions did Frontier (ULCC) report for Anthony David Salcido?
Frontier director Anthony David Salcido exercised 6,721 Restricted Stock Units into 6,721 shares of Common Stock and received a new grant of 32,990 RSUs. These transactions are equity compensation and derivative exercises, not open-market stock purchases or sales.
What are the terms of the 32,990 RSUs granted to Salcido at Frontier (ULCC)?
Salcido received 32,990 Restricted Stock Units, each representing a contingent right to one share of Frontier Common Stock. These RSUs vest in full on the earlier of May 14, 2027 or immediately prior to the next annual meeting of stockholders, subject to his continued service.
Do the reported transactions for Frontier (ULCC) involve any insider stock sales?
The reported transactions show no insider stock sales. They consist of an exercise of 6,721 RSUs into 6,721 Common shares and a grant of 32,990 new RSUs. Both are equity compensation and derivative exercises, not open-market dispositions of Frontier shares.
How do these RSU transactions affect Salcido’s Frontier (ULCC) equity exposure?
Salcido now directly holds 6,721 Frontier Common shares from RSU vesting and maintains a position in 32,990 unvested RSUs. This increases his equity-linked compensation exposure through both current share ownership and future potential shares upon vesting of the new RSU grant.