Schroeter Robert 4
Research Summary
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Frontier (ULCC) CCO Robert Schroeter Receives 14,421 RSU Shares
What Happened Robert Schroeter, Senior Vice President and Chief Commercial Officer of Frontier Group Holdings (ULCC), had 14,421 Restricted Stock Units (RSUs) convert to common shares on February 6, 2026. Of the 14,421 shares issued on vesting, 4,975 shares were withheld by the issuer to satisfy tax withholding obligations at $5.65 per share (total withholding value $28,109). No open‑market sale by Schroeter was reported; the transaction reflects compensation vesting rather than a purchase or voluntary sale.
Key Details
- Transaction date: February 6, 2026 (reported on Form 4 filed February 10, 2026); filing appears timely.
- Codes on the Form 4: M = conversion/exercise of derivative (RSU conversion to shares); F = shares withheld to cover tax withholding.
- Gross shares issued on vesting: 14,421; shares withheld for taxes: 4,975 at $5.65/share = $28,109; net shares received by Schroeter: 9,446.
- Footnotes: RSUs represent contingent rights to one share each and have no expiration (F2). The settlement relates solely to previously granted RSUs and does not reflect a sale by the reporting person (F1, F3). Remaining RSUs vest in two substantially equal annual installments beginning Feb 6, 2027 (F4).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context This filing documents routine equity compensation vesting (RSUs) and the issuer’s tax‑withholding of a portion of the vested shares. Such vested awards are compensation income and are not the same signal as an insider purchasing stock; withheld shares to cover taxes are common and do not indicate a sale of shares on the open market.