Salcido Anthony David 4
Research Summary
AI-generated summary
Frontier (ULCC) Director Anthony Salcido Receives Restricted Stock Award
What Happened
Anthony David Salcido, a director of Frontier Group Holdings, Inc. (ULCC), was granted 6,721 restricted stock units (RSUs) on February 5, 2026. The award was reported as a derivative acquisition (code A) at $0.00 per unit — no cash was paid. These RSUs represent a contingent right to receive shares if and when the units vest.
Key Details
- Transaction date: 2026-02-05; Form 4 filed 2026-02-09 (timely).
- Grant: 6,721 RSUs, acquisition price $0.00 (derivative award).
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes: F1 — each RSU equals a right to one share of common stock; RSUs have no expiration. F2 — RSUs vest in full on the earlier of May 15, 2026 or immediately prior to the next annual meeting, subject to continued service.
- Filing timeliness: Filing appears to be within the required reporting window.
Context
RSUs are a common form of equity-based compensation for directors and convert to actual shares only upon vesting; they are not an immediate purchase or sale of stock. This award is a compensation-related grant rather than an insider buy (bullish) or sale signal.