Frontier SVP & CFO logs PSU vesting, RSU grant
Frontier Group Holdings SVP & CFO Mark Christopher Mitchell reported equity compensation changes tied to performance and time-based awards.
Rhea-AI Filing Summary
Frontier Group Holdings SVP & CFO Mark Christopher Mitchell reported equity compensation changes tied to performance and time-based awards. On February 5, 2026, 2,536 shares of common stock vested from previously granted Performance Stock Units after the Compensation Committee determined the performance goals were partially met.
On the same date, he received 88,496 Restricted Stock Units, each representing one future share of common stock, which will vest in three substantially equal annual installments beginning February 5, 2027. On February 6, 2026, 1,109 shares were withheld at a price of $5.65 per share to cover taxes due on the PSU vesting, leaving him with 167,225 directly held common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,109 | $5.65 | $6K |
| Grant/Award | Restricted Stock Units | 88,496 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,536 | $0.00 | $0.00 |
Footnotes (4)
- F1. On February 6, 2025, the reporting person was granted an award of Performance Stock Units ("PSUs"), which vest in the form of Common Stock based upon the Issuer's achievement of certain levels of total shareholder return relative to a pre-determined industry peer group. On February 5th, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the performance goals had been partially met, resulting in the vesting of these shares.
- F2. Represents shares withheld in satisfaction of taxes due upon the vesting of PSUs reported herein.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date.
- F4. The Restricted Stock Units vest in three substantially equal annual installments beginning on February 5, 2027.
FAQ
What insider transactions did ULCC CFO Mark Mitchell report on February 2026 Form 4?
What are the terms of the new 88,496 RSUs reported by ULCC’s CFO?
How do the PSUs and RSUs differ in the ULCC CFO’s Form 4 filing?
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