Mathew Jeffrey 4
Research Summary
AI-generated summary
Frontier (ULCC) SVP/CIO Mathew Jeffrey Receives RSU Award
What Happened
- Mathew Jeffrey, Senior Vice President and Chief Information Officer of Frontier Group Holdings, was granted 61,947 Restricted Stock Units (RSUs) on February 5, 2026. The award is reported as a derivative acquisition with a reported price of $0.00 (i.e., an unpaid equity grant, code A on the Form 4).
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-09.
- Grant size: 61,947 RSUs; reported acquisition price: $0.00 (equity award, not an open-market purchase).
- Shares owned after transaction: not specified in the information provided.
- Footnotes: Each RSU represents a contingent right to one share of common stock and has no expiration. The RSUs vest in three substantially equal annual installments beginning February 5, 2027.
- No indication in the provided filing that this was a sale, gift, or a 10b5-1 transaction.
Context
- RSUs are a form of compensation that convert into actual shares only as they vest; they are not immediate share purchases and do not by themselves signal a personal cash investment. This grant appears to be part of executive compensation rather than an open-market buy or sale.