Barry Biffle, President & CEO at Frontier Group Holdings (NASDAQ:ULCC), reported a large exercise of company stock options on September 26, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Biffle, President & CEO at Frontier Group Holdings, a company in the Industrials sector, just exercised stock options worth 20,000 shares of ULCC stock with an exercise price of $0.26.
Frontier Group Holdings shares are trading up 1.26% at $4.74 at the time of this writing on Wednesday morning. Since the current price is $4.74, this makes Biffle's 20,000 shares worth $94,784.