Trevor J. Stedke, Senior Vice President of Operations at Frontier Group Holdings, Inc. (NASDAQ:ULCC), filed a Form 4 on October 27, 2026, disclosing the vesting and partial tax-withholding settlement of Restricted Stock Units on October 25, 2026.

Key Highlights

  • RSU settlement: 60,764 Restricted Stock Units vested and were converted into 60,764 shares of Frontier Group Holdings common stock on October 25, 2026.
  • Tax withholding: 26,584 shares were withheld by the issuer at $4.94 per share solely to satisfy tax withholding obligations; the filing states this does not represent a sale by the reporting person.
  • Net shares retained: Following the transactions, Stedke directly holds 34,180 shares of common stock.
  • RSUs fully vested: According to the filing, the Restricted Stock Units have fully vested as of October 25, 2026, and 0.00 derivative units remain.
  • No open-market sale: The filing states "no shares were sold by the Reporting Person" in connection with the RSU settlement.

Frontier Group SVP Stedke Settles RSU Grant With Tax Withholding

According to the Form 4 filed with the SEC on October 27, 2026, Trevor J. Stedke, identified in the filing as Senior Vice President of Operations at Frontier Group Holdings, Inc., reported two transactions in common stock on October 25, 2026. Both transactions arose from the vesting of previously granted Restricted Stock Units (RSUs), each of which the filing describes as "a contingent right to receive one share of Issuer Common Stock" with no expiration date.

The first transaction, coded "M," reflects the acquisition of 60,764 shares through the settlement of those RSUs upon vesting. The filing's explanation notes this "relates solely to the settlement of previously granted Restricted Stock Units upon vesting." The second transaction, coded "F," reflects the disposition of 26,584 shares at a price of $4.94 per share. The filing specifies that these shares were "withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares" and explicitly states this "does not represent a sale by the Reporting Person."

Following both transactions, Stedke's directly held beneficial ownership in Frontier Group Holdings common stock stands at 34,180 shares, according to the filing. The derivative securities table confirms that the 60,764 RSUs have been fully settled, with 0.00 units remaining. The Form 4 was signed by Howard Diamond as attorney-in-fact for Trevor J. Stedke and dated October 27, 2026.

What Was Disclosed

The filing reported the October 25, 2026 vesting of 60,764 RSUs held by Frontier Group Holdings SVP Trevor J. Stedke, with 26,584 shares withheld at $4.94 for taxes, leaving Stedke with 34,180 shares of common stock held directly.