Clerc Alexandre 4

What Happened

• Alexandre Clerc, Senior Vice President, Customers at Frontier Group Holdings (ULCC), had 14,421 Restricted Stock Units (RSUs convert/vested) on February 6, 2026. Of those, 4,146 shares were withheld by the company to satisfy tax withholding obligations at $5.65 per share (total withheld value $23,425), leaving a net issuance of 10,275 shares to the reporting person.
• These entries were reported on a Form 4 dated February 10, 2026 and reflect a settlement of previously granted RSUs rather than an open-market purchase or voluntary sale.

Key Details

• Transaction date: February 6, 2026. Filing date (Form 4): February 10, 2026 — appears to meet the two-business-day filing requirement.
• Reported transaction codes: M = exercise/conversion of a derivative (RSU vesting); F = shares withheld to satisfy tax obligations.
• Share counts and values: 14,421 RSUs vested; 4,146 shares withheld at $5.65 each for ~$23,425; net 10,275 shares issued to Clerc.
• Footnotes: (1) Settlement of previously granted RSUs upon vesting; no shares sold by the reporting person. (2) Each RSU equals one share and has no expiration. (3) Withholding was solely to satisfy tax obligations and is not a sale by the insider. (4) Remaining RSUs (if any) vest in two substantially equal annual installments beginning Feb 6, 2027.
• Shares owned after the transaction: Not specified in the provided filing.

Context

• This was a routine RSU vesting and tax-withholding event (net issuance), not a market sale or purchase. The F-line withholding is a common cashless/net-share settlement to cover taxes and should not be interpreted as a bearish sale by the insider.
• For retail investors, vested RSUs are compensation being converted to stock; such events do not necessarily signal insider sentiment about the company’s outlook.