Broderick Andrew S. 4

What Happened

• Andrew S. Broderick, a director of Frontier Group Holdings (ULCC), reported derivative and equity award activity on May 14, 2026. The filing shows an exercise/conversion of 34,230 derivative shares (code M) and a simultaneous reported disposition of 34,230 shares at $0.00. Separately, 32,990 Restricted Stock Units (RSUs) were reported as acquired (code A) at $0.00 and are noted as vested as of May 14, 2026.
• The filing reports $0.00 for the disposals/acquisitions, so no cash price is shown in the report. The $0.00 disposition typically indicates shares were surrendered rather than sold for cash (e.g., to cover exercise costs or tax withholding), but the filing itself reports no cash proceeds.

Key Details

• Transaction date: May 14, 2026. Form filed May 18, 2026 (timely for Form 4 reporting).
• Reported transactions: Exercise/conversion (M) — 34,230 shares acquired and 34,230 shares disposed @ $0.00; Grant/award (A) — 32,990 RSUs acquired @ $0.00.
• Shares owned after transaction: Not specified in the provided data.
• Footnotes of note:
  • F1: Each RSU represents a contingent right to one share of common stock; RSUs have no expiration date.
  • F2: The RSUs have fully vested as of May 14, 2026.
  • F3: (General RSU vesting term) RSUs will vest in full on earlier of May 14, 2027 or immediately before next annual meeting, subject to continued service.
• No 10b5-1 plan, late filing, or other special filing designation was indicated in the provided details.

Context

• This filing reflects company compensation-related activity (exercise/conversion and RSU vesting) rather than an open-market purchase or sale by the director. Such transactions are commonly part of routine option/award exercises, and the reported $0.00 entries indicate no cash sale proceeds were recorded in the Form 4.