Group Holdings - Frontier LLC 4

What Happened

• Group Holdings—Frontier LLC, reported as a 10% owner of Frontier Group Holdings, Inc. (ULCC), sold 11,700,000 shares on July 9, 2026. The reported sale price was $7.20 per share, for total proceeds of approximately $84,240,000. The Form 4 lists the transaction as an open market or private sale (code S).

Key Details

• Transaction date and price: 2026-07-09 — 11,700,000 shares at $7.20 per share (total ~$84.24M).
• Transaction type: Sale (open market or private sale per filing).
• Shares owned after transaction: Not specified in the supplied filing excerpt.
• Footnotes/plan disclosure: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the excerpt.
• Filing timeliness: Form filed 2026-07-13; this falls on the second business day after the July 9 transaction (filed within the required Form 4 window).

Context

• This filer is a 10% institutional owner, not an individual executive; such institutional sales are often portfolio or liquidity transactions and do not necessarily signal management sentiment. Sales are generally less informative than purchases for predicting insider confidence, but the size ($84.2M) is notable. The filing does not disclose whether the sale was block/private placement versus routine open-market disposition.