Diamond Howard 4
4 · Frontier Group Holdings, Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Frontier (ULCC) EVP Diamond Howard Receives 45,512 RSU Shares
What Happened
Diamond Howard, EVP of Legal & Corporate Affairs at Frontier Group Holdings (ULCC), had 45,512 Restricted Stock Units (RSUs settle into common shares) vest on February 1, 2026. The RSUs converted into 45,512 shares; the issuer withheld 19,911 of those shares to cover tax withholding at $4.64 per share (withheld value ≈ $92,387). The net issuance to the reporting person was the remaining shares; the filing states no shares were sold by the reporting person.
Key Details
- Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (appears timely).
- Primary action: RSU settlement / conversion of derivative (code M) and tax withholding (code F).
- Shares vested/converted: 45,512 RSUs → 45,512 shares.
- Shares withheld for taxes: 19,911 at $4.64 each = $92,387 (withheld by issuer, not an open-market sale).
- Implied gross value of vested shares (using $4.64): ≈ $211,176.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: filing confirms this transaction solely reflects RSU settlement and withholding; remaining RSUs fully vest on February 1, 2027.
Context
This was an RSU vesting and tax-withholding event, not an open-market sale or purchase by the insider. Withholding of shares by the issuer to satisfy taxes is routine and should not be read as a directional trade. Remaining RSUs are scheduled to vest next year (Feb 1, 2027).
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-01+45,512→ 155,108 total - Tax Payment
Common Stock
[F3]2026-02-01$4.64/sh−19,911$92,387→ 135,197 total - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-02-01−45,512→ 45,512 total→ Common Stock (45,512 underlying)
Footnotes (4)
- [F1]This Form 4 relates solely to the settlement of previously granted Restricted Stock Units upon vesting. No shares were sold by the Reporting Person.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Issuer Common Stock. The Restricted Stock Units have no expiration date.
- [F3]Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on February 1, 2026, from the vesting of Restricted Stock Units, and does not represent a sale by the Reporting Person.
- [F4]The remaining Restricted Stock Units fully vest on February 1, 2027.