Clerc Alexandre 4
Research Summary
AI-generated summary
Frontier (ULCC) SVP Alexandre Clerc Sells 5,060 Shares
What Happened Alexandre Clerc, Senior Vice President, Customers at Frontier Group Holdings (ULCC), sold 5,060 shares on 2026-06-02 at $5.93 per share, resulting in proceeds of $30,006. The transaction is reported as an "open market or private sale" (code S), i.e., a sale rather than a purchase — typically a routine disposition and not necessarily an indicator of company outlook.
Key Details
- Transaction date: 2026-06-02; filing date: 2026-06-04 (timely).
- Price and amount: 5,060 shares at $5.93 per share; total proceeds $30,006.
- Transaction type: Reported as "open market or private sale" (S).
- Shares owned after transaction: Not specified in the excerpt provided — see the full Form 4 for post-transaction holdings.
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes were provided in the summary supplied.
Context Insider sales can be for many personal reasons (diversification, taxes, liquidity) and are common; a small sale like this (~$30k) is routine and should be weighed alongside other insider activity and company fundamentals. The filing was submitted promptly (filed two days after the transaction).