Frontier director gains 6,721 shares via RSUs

Frontier Group Holdings director Anthony David Salcido reported equity compensation activity.

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.

Insider Trade Summary

6,721 shares exercised/converted

Exercise 3 txns

Insider Salcido Anthony David

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	6,721	$0.00	$0.00
Grant/Award	Restricted Stock Units	32,990	$0.00	$0.00
Exercise	Common Stock	6,721	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 32,990 contracts (Direct); Common Stock — 6,721 shares (Direct)

Footnotes (3)

1. F1. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date.
2. F2. The RSUs have fully vested as of May 14, 2026.
3. F3. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Frontier (ULCC) shares did Salcido acquire in this Form 4?

Salcido acquired 6,721 shares of Frontier Common Stock through the exercise of previously granted Restricted Stock Units. After this exercise, his reported direct Common Stock holdings in the filing total 6,721 shares, reflecting equity compensation vesting rather than market trading activity.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/18/2026 - 04:06 PM EDT Learn about SEC filing dates

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^*

Salcido Anthony David

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/14/2026		M		6,721	A	(1)	6,721	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/14/2026		M			6,721	(2)	(1)	Common Stock	6,721	$0.00	0.00	D
Restricted Stock Units	(1)	05/14/2026		A		32,990		(3)	(1)	Common Stock	32,990	$0.00	32,990	D

Explanation of Responses:

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.

2. The RSUs have fully vested as of May 14, 2026.

3. 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.

Remarks:

	/s/ Howard Diamond, as Attorney-in-fact for Anthony David Salcido	05/18/2026
	** 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)