Schroeter Robert 4
4 · Frontier Group Holdings, Inc. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Frontier (ULCC) CCO Robert Schroeter Receives Stock Award
What Happened Robert Schroeter, Senior Vice President and Chief Commercial Officer of Frontier Group Holdings (ULCC), received stock awards tied to performance and time-based grants. On Feb 5, 2026 the company determined certain performance goals were partially met, resulting in the vesting/acquisition of 2,536 Performance Stock Units (PSUs) (reported as acquired at $0.00). The filing also shows an award of 61,947 Restricted Stock Units (RSUs) (derivative, $0.00). On Feb 6, 2026 a total of 874 shares were surrendered/withheld to satisfy tax withholding obligations at $5.65 per share, generating approximately $4,938 in withheld taxes (reported as a disposition).
Key Details
- Transaction dates: Feb 5, 2026 (PSU vesting and RSU award); Feb 6, 2026 (tax withholding/disposition).
- Reported amounts/prices: 2,536 shares acquired (PSUs) @ $0.00; 61,947 RSUs granted (derivative) @ $0.00; 874 shares disposed (withheld) @ $5.65 for ~$4,938.
- Footnotes of note:
- F1: PSUs were originally granted Feb 6, 2025 and vested partially on Feb 5, 2026 after Compensation Committee determination of performance.
- F2: 874 shares were withheld to satisfy taxes due on vesting.
- F3/F4: Each RSU equals a contingent right to one share; RSUs vest in three substantially equal annual installments beginning Feb 5, 2027.
- Filing timeliness: The Form 4 was filed Feb 9, 2026; the filing appears timely under the two-business-day rule for the reported transactions.
- Shares owned after the transactions: Not specified in the provided data.
Context
- PSUs (performance-based awards) vested based on Frontier’s relative total shareholder return vs. peers; these results converted to shares rather than a cash payout. The withholding of 874 shares is a routine tax-satisfaction action, not an open-market sale for investment purposes.
- The 61,947 RSUs are time-based/contingent grants that begin vesting in 2027 in three annual installments, so they do not represent immediately transferable shares today.
- These actions are typical compensation-driven insider transactions and should be interpreted as award vesting and routine tax withholding rather than a straightforward buy or sell signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-05+2,536→ 40,450 total - Tax Payment
Common Stock
[F2]2026-02-06$5.65/sh−874$4,938→ 39,576 total - Award
Restricted Stock Units
[F3][F4]2026-02-05+61,947→ 61,947 total→ Common Stock (61,947 underlying)
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.