Clerc Alexandre 4

What Happened
Alexandre Clerc, Senior Vice President, Customers at Frontier Group Holdings (ULCC), received equity awards that vested and were granted on Feb 5, 2026, and had 729 shares withheld/sold the next day to satisfy taxes. Specifically, 2,536 shares vested from Performance Stock Units (PSUs) (valued at $0 exercise price) and 61,947 Restricted Stock Units (RSUs) were recorded as newly granted (derivative awards). On Feb 6, 2026, 729 shares were disposed at $5.65 per share to satisfy withholding obligations, generating $4,119.

Key Details

• Transaction dates: Awards/vesting reported Feb 5, 2026; tax withholding disposal recorded Feb 6, 2026. Filing date: Feb 9, 2026.
• Awards/amounts: 2,536 vested PSUs (A) and 61,947 RSUs (A, derivative) — total 64,483 shares recorded on Feb 5, 2026.
• Tax withholding: 729 shares disposed (code F) at $5.65/share for $4,119 to satisfy taxes due upon PSU vesting.
• Footnotes of note:
  • PSUs were granted Feb 6, 2025 and partially vested on Feb 5, 2026 after performance goals were partially met (F1).
  • Shares withheld represent satisfaction of tax withholding obligations (F2).
  • Each RSU converts to one share, has no expiration, and vests in three equal annual installments beginning Feb 5, 2027 (F3, F4).
• Shares owned after the transaction: not specified in the information provided in this summary.
• Filing timeliness: Form filed Feb 9, 2026; given the Feb 5–6 transactions this filing appears to be within the normal reporting window.

Context
This filing mainly documents equity compensation vesting (not an open-market purchase or a speculative sale). The PSU vesting reflects achievement of pre-set performance criteria; the 729-share disposal was a routine tax-withholding action (common when awards vest) rather than a discretionary sale for investment reasons. For investors, these entries signal executive compensation delivery rather than a straightforward insider buy/sell sentiment.