Schroeter Robert 4

What Happened
Robert Schroeter, SVP and Chief Commercial Officer of Frontier Group Holdings (ULCC), had Restricted Stock Units (RSUs) vest on March 25, 2026. A total of 82,762 RSUs converted into shares. To satisfy tax withholding, 12,309 and 11,486 shares were withheld (at $3.48/share) for tax liabilities totaling $42,835 and $39,971 respectively (combined $82,806). No shares were sold on the open market — the “dispositions” reported reflect tax withholding, not a sale.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (timely filing).
• Vesting/Conversion: 42,808 and 39,954 RSUs converted to the same number of shares (total 82,762). (Transaction code M = exercise/conversion of derivative/RSU.)
• Tax withholding: 12,309 and 11,486 shares withheld (transaction code F) at $3.48/share, totaling $42,835 and $39,971 (combined $82,806). Total shares withheld = 23,795.
• Net shares delivered to the reporting person: 82,762 − 23,795 = 58,967 shares.
• Footnotes: RSUs convert 1-for-1 into common shares (no expiration). The withheld shares were solely to satisfy tax withholding and do not represent a sale by the reporting person. Remaining RSUs have future vesting schedules (some vest in two equal annual installments beginning Mar 25, 2027; others fully vest on Mar 25, 2027).
• Shares owned after transaction: not specified in the filing.

Context
This was an award/vesting event (A/M) — routine RSU settlement with cashless tax withholding — not a market-sale by the insider. Such tax-withholding dispositions are common and generally don’t signal a deliberate insider sell. For retail investors, purchases or open‑market sales by insiders tend to be more informative of sentiment; this filing documents compensation vesting and standard tax treatment.