Josh A. Wetzel, VP and Chief Accounting Officer of Frontier Group Holdings, Inc., filed a Form 4 on October 27, 2026, reporting the vesting and settlement of restricted stock units on October 25, 2026, along with shares withheld for tax obligations.

Key Highlights

  • RSU settlement: 17,361 restricted stock units vested and were settled on October 25, 2026, with each unit representing a contingent right to receive one share of common stock.
  • Shares acquired: 17,361 shares of common stock were acquired (transaction code M) through the RSU settlement; according to the filing, no shares were sold by the reporting person.
  • Tax withholding: 4,992 shares were withheld by the issuer at $4.94 per share solely to satisfy tax withholding obligations, and the filing states this does not represent a sale by the reporting person.
  • Resulting ownership: Following these transactions, Wetzel directly beneficially owns 22,430 shares of common stock.
  • RSUs fully vested: The filing notes the restricted stock units have fully vested as of October 25, 2026, and carried no expiration date.

Wetzel RSU Vesting and Share Withholding at Frontier Group Holdings

According to the Form 4 filed with the SEC, Josh A. Wetzel, identified as VP and CAO (Chief Accounting Officer) of Frontier Group Holdings, Inc. (NASDAQ:ULCC), reported two transactions in common stock on October 25, 2026. The first was the settlement of previously granted restricted stock units upon vesting, resulting in the acquisition of 17,361 shares. The filing explicitly states that "no shares were sold by the Reporting Person" in connection with this event.

The second transaction involved the disposition of 4,992 shares at $4.94 per share under transaction code F. The filing describes these as "shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person," and confirms this "does not represent a sale by the Reporting Person." Prior to these transactions, the filing reflects a pre-transaction direct holding of 27,422 shares for the M-coded acquisition row.

After both transactions were recorded, Wetzel's direct beneficial ownership stood at 22,430 shares of common stock, according to the filing. The RSUs, which the filing notes carried no expiration date and represented a contingent right to receive one share of common stock each, are reported as having fully vested as of October 25, 2026. The Form 4 was signed by Howard Diamond as attorney-in-fact for Josh A. Wetzel and dated October 27, 2026.

What Was Disclosed

The filing reported the October 25, 2026 vesting of 17,361 restricted stock units and the withholding of 4,992 shares at $4.94 for tax purposes, leaving Wetzel with direct beneficial ownership of 22,430 shares of Frontier Group Holdings common stock.