Frontier Group Holdings, Inc.·4

Feb 10, 4:28 PM ET

Stedke Trevor J. 4

Research Summary

AI-generated summary

Updated

Frontier (ULCC) Sr. VP Trevor Stedke Receives RSU Shares

What Happened

  • Trevor J. Stedke, Senior Vice President, Operations at Frontier Group Holdings (ULCC), received 26,676 shares of common stock through the vesting/conversion of Restricted Stock Units (RSUs) on February 6 and February 8, 2026.
  • To satisfy tax withholding obligations, the issuer withheld 6,309 shares on Feb 6 (withholding value $35,646 at $5.65/share) and 5,361 shares on Feb 8 (withholding value $34,954 at $6.52/share), totaling 11,670 shares withheld (~$70,600). Net shares delivered to Stedke were 15,006 shares.
  • These were not open-market sales by the reporting person; the filings reflect RSU vesting (derivative conversion) and share withholding for taxes.

Key Details

  • Transaction dates: Feb 6, 2026 and Feb 8, 2026.
  • Shares acquired via conversion/vesting (code M): 14,421 (Feb 6) and 12,255 (Feb 8) — total 26,676 shares.
  • Shares withheld for tax (code F): 6,309 @ $5.65 = $35,646 (Feb 6); 5,361 @ $6.52 = $34,954 (Feb 8); total withheld = 11,670 shares (~$70,600).
  • Net shares received after withholding: 15,006 shares.
  • Footnotes: F1–F4 state vesting of RSUs and that withheld shares were solely to satisfy tax obligations (not sales). F2 notes each RSU equals one share and has no expiration. F5/F6 reference vesting schedules (the filing notes both remaining-installment vesting language and that certain RSUs vested as of Feb 8, 2026).
  • Shares owned after transaction: not disclosed in the provided data.
  • Filing: Report filed Feb 10, 2026; no late filing indication in the provided information.

Context

  • Code M entries reflect the conversion/settlement of RSUs into common shares. The $0 "disposed" entries for those conversions indicate derivative conversion rather than an open-market sale.
  • Code F entries reflect shares withheld by the company to cover tax withholding obligations (commonly done as a "net issuance" or cashless withholding) and are not evidence of a sale by the insider.
  • For retail investors: this activity is routine compensation vesting (not a purchase), so it signals management receiving equity rather than buying more stock.