Genise Robert J. 4

What Happened

• Robert J. Genise, a director of Frontier Group Holdings, converted/exercised 34,230 derivative units (transaction code M) on May 14, 2026 and a matching derivative disposal of 34,230 units is reported at $0.00. On the same date he was also granted/received 32,990 restricted stock units (RSUs) (transaction code A) reported at $0.00. The filing shows no cash price or dollar value for these derivative conversions/dispositions or the RSU grant.

Key Details

• Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (filed within the 2 business‑day window).
• Derivative activity: 34,230 shares exercised/converted (M) and 34,230 derivative shares disposed at $0.00 (reported as derivative).
• RSU award: 32,990 RSUs acquired at $0.00 (A).
• Footnotes:
  • F1: Each RSU represents a contingent right to one share of common stock; RSUs have no expiration.
  • F2: The RSUs have fully vested as of May 14, 2026.
  • F3: (Describes original vesting schedule) RSUs would vest in full on the earlier of May 14, 2027 or immediately before the next annual meeting, subject to continued service.
• Shares owned after the transactions: not specified in the provided filing excerpt.

Context

• Transaction code M denotes exercise or conversion of a derivative (options, warrants or similar). The reported $0.00 disposal/derivative value typically means the filing records a non‑cash conversion/settlement rather than an open‑market sale for cash. The RSU award and the note that RSUs have vested suggest this activity is equity compensation/plan related rather than a traditional buy or sell indicating market sentiment.