Mitchell Mark Christopher 4

What Happened

• Mitchell Mark Christopher, Senior Vice President & Chief Financial Officer of Frontier Group Holdings (ULCC), received equity awards reported on Feb 5–6, 2026. The filing shows 2,536 shares issued on vesting of Performance Stock Units (PSUs) and a separate grant of 88,496 Restricted Stock Units (RSUs). To satisfy tax withholding on the vested PSUs, 1,109 shares were withheld/disposed on Feb 6, 2026 at $5.65 per share (total $6,266). The awards themselves were recorded at $0.00 per share as grant/vesting transactions.

Key Details

• Transaction dates and amounts:
  • Feb 5, 2026: 2,536 shares issued on PSU vesting (code A), and 88,496 RSUs granted (derivative/code A).
  • Feb 6, 2026: 1,109 shares withheld/disposed for tax withholding (code F) at $5.65/share, proceeds $6,266.
• Shares owned after transaction: total beneficial ownership after these transactions is not provided in the supplied data.
• Notable footnotes from the filing:
  • F1: PSUs were granted Feb 6, 2025 and partially vested Feb 5, 2026 based on total shareholder return vs. a peer group.
  • F2: The 1,109-share disposition represents shares withheld to satisfy taxes on vested PSUs.
  • F3/F4: Each RSU equals a right to one share; RSUs have no expiration and vest in three roughly equal annual installments beginning Feb 5, 2027.
• Filing date: Form 4 filed Feb 9, 2026, covering transactions on Feb 5–6, 2026 (no late-filing flag noted in the provided info).

Context

• PSUs vest based on performance metrics (here, relative total shareholder return) and are different from purchases — they reflect compensation. RSUs are a deferred award that will convert into shares according to the stated vesting schedule. The 1,109-share disposition was a routine tax-withholding action, not an open-market sale indicating a change in investment view.