Frontier Group (NASDAQ: ULCC) director boosts stake with RSU exercise and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontier Group Holdings director Bernard L. Han increased his equity stake through routine equity compensation actions. He exercised 34,230 Restricted Stock Units into an equal number of shares of Common Stock on May 14, 2026, bringing his direct Common Stock holdings to 448,857 shares after the transactions.
On the same date, he received a new grant of 32,990 Restricted Stock Units, each representing a contingent right to one share of Common Stock. These RSUs are scheduled to vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholder meeting, subject to his continued service, leaving 32,990 RSUs outstanding following the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,230 shares exercised/converted
Mixed
3 txns
Insider
HAN BERNARD L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 34,230 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 32,990 | $0.00 | -- |
| Exercise | Common Stock | 34,230 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 448,857 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
RSUs exercised into Common Stock: 34,230 shares
New RSU grant: 32,990 units
Common Stock held after transactions: 448,857 shares
+2 more
5 metrics
RSUs exercised into Common Stock
34,230 shares
Exercise of vested RSUs into Common Stock on May 14, 2026
New RSU grant
32,990 units
Restricted Stock Units granted on May 14, 2026
Common Stock held after transactions
448,857 shares
Direct Common Stock ownership following May 14, 2026 transactions
RSUs outstanding after grant
32,990 units
Unvested RSUs remaining after reported transactions
Total acquire-type transactions
3 transactions
All transactions in this Form 4 were acquisitions, not sales
Key Terms
Restricted Stock Units, derivative security, grant, award, or other acquisition, vest in full
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
"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.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
vest in full financial
"The RSUs 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 Group (ULCC) director Bernard Han report?
Director Bernard L. Han reported exercising 34,230 Restricted Stock Units into Common Stock and receiving a new grant of 32,990 Restricted Stock Units. All transactions occurred on May 14, 2026, and reflect routine equity compensation activity rather than open-market trading.
What Restricted Stock Unit grant did Bernard Han receive from Frontier Group (ULCC)?
Bernard L. Han received a grant of 32,990 Restricted Stock Units tied to Frontier Group Common Stock. Each unit converts into one share when vested. The RSUs vest in full on the earlier of May 14, 2027 or immediately before the next annual stockholder meeting, assuming continued service.
When do Bernard Han’s new Frontier Group (ULCC) RSUs vest?
The 32,990 Restricted Stock Units granted to Bernard L. Han will vest in full on the earlier of May 14, 2027 or immediately prior to Frontier Group’s next annual meeting of stockholders after the grant date, provided he continues to serve through the vesting date.
Were Bernard Han’s exercised Frontier Group (ULCC) RSUs fully vested?
Yes. The Form 4 footnotes state that the Restricted Stock Units underlying the 34,230-share exercise were fully vested as of May 14, 2026. Once exercised, each vested RSU converted into one share of Frontier Group Common Stock with no stated expiration date.