Companies Spirit Airlines
Spirit Airlines (SAVE): executive pay, fiscal 2023
Free brief. Every figure links to the company’s own filing.
Spirit Airlines no longer files a proxy statement; its last pay data is FY2023.
CEO vs. named peers39th pct.Of 40 peer CEOs
CEO pay, last three years
- $3,871,281FY2021
- $3,358,855FY2022
- $6,601,404FY2023
CEO total pay was $6,601,404 in fiscal 2023, up from $3,358,855 in fiscal 2022.
FY2023: salary $745,833 · bonus $1,771,875 · stock awards $2,912,479
Executives and directors
Edward M. Christie III · CEOMatthew H. Klein · CCORocky B. Wiggins · ExecutiveScott M. Haralson · CFOJohn Bendoraitis · COOBarclay G. Jones III · Independent DirectorChristine P. Richards · Independent DirectorDawn M. Zier · Independent DirectorH. McIntyre Gardner · Chair of the BoardMark B. Dunkerley · Independent DirectorMyrna M. Soto · Independent DirectorRobert D. Johnson · Independent Director
Frequently asked questions
Who was the highest-paid executive at Spirit Airlines in fiscal 2023?
As disclosed, Edward M. Christie III (President and Chief Executive Officer) was the highest-paid executive at Spirit Airlines in fiscal 2023, with total compensation of $6,601,404.
How does Spirit Airlines's chief executive pay compare to its disclosed peer group?
As disclosed, Edward M. Christie III's total compensation ranked at the 39th percentile of Spirit Airlines's disclosed peer group.
What is Spirit Airlines's CEO-to-median employee pay ratio?
As disclosed, Spirit Airlines's CEO-to-median employee pay ratio was 107:1.
How did shareholders vote on Spirit Airlines's executive compensation?
As disclosed, 61.9% of shareholders supported Spirit Airlines's executive compensation in the latest say-on-pay vote.
How much does Spirit Airlines spend in total on board compensation for fiscal 2023?
As disclosed, Spirit Airlines reported total board compensation of $1,564,443 for fiscal 2023.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Edward M. Christie III | $745,833 | $1,771,875 | $2,912,479 | — | $1,134,573 | — | $36,644 | $6,601,404 |
| President and Chief Executive Officer | ||||||||
| Scott M. Haralson | 422,917 | 1,410,000 | 1,099,974 | 0 | 600,837 | 0 | 34,304 | 3,568,032 |
| Executive Vice President and Chief Financial Officer | ||||||||
| John Bendoraitis | 458,333 | 940,500 | 1,099,978 | 0 | 579,616 | 0 | 20,948 | 3,099,375 |
| Executive Vice President and Chief Operating Officer | ||||||||
| Matthew H. Klein | 422,917 | 855,000 | 999,976 | 0 | 574,571 | 0 | 30,755 | 2,883,219 |
| Executive Vice President and Chief Commercial Officer | ||||||||
| Rocky B. Wiggins | 393,333 | 717,188 | 599,971 | 0 | 470,354 | 0 | 26,003 | 2,206,849 |
| Senior Vice President and Chief Information Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| Edward M. Christie III | $6,601,404 | $3,358,855 | $3,871,281 | ↑ +3,242,549 |
| Scott M. Haralson | 3,568,032 | 1,269,428 | 1,465,622 | ↑ +2,298,604 |
| John Bendoraitis | 3,099,375 | 1,892,671 | 1,970,074 | ↑ +1,206,704 |
| Matthew H. Klein | 2,883,219 | 1,637,708 | 1,893,188 | ↑ +1,245,511 |
| Rocky B. Wiggins | 2,206,849 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company's compensation program is designed to attract, motivate, and retain executives with the talent and experience necessary to achieve its strategic business plan, reflecting a pay-for-performance philosophy where a significant portion of compensation is at-risk and tied to short-term and long-term goals. The program aims to align executive interests with stockholders by providing a balanced mix of fixed and variable, cash and equity-based compensation, targeting the market median for each element.
| CEO STI target (% of salary) | 125% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Korn Ferry |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2023
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Matthew H. Klein | RSU | 2023-01-30 | — | — | 25,367 | — | $499,984 |
| John Bendoraitis | RSU | 2023-01-30 | — | — | 27,904 | — | 549,988 |
| Edward M. Christie III | PSU | 2023-04-03 | 41,418 | 82,835 | — | 165,670 | 1,456,239 |
| Edward M. Christie III | RSU | 2023-01-30 | — | — | 66,210 | — | 1,304,999 |
| Rocky B. Wiggins | PSU | 2023-04-03 | 8,532 | 17,064 | — | 34,128 | 299,985 |
| Scott M. Haralson | PSU | 2023-04-03 | 15,643 | 31,285 | — | 62,570 | 549,990 |
| Scott M. Haralson | RSU | 2023-04-03 | — | — | 9,283 | — | 163,195 |
| Rocky B. Wiggins | RSU | 2023-01-30 | — | — | 15,220 | — | 299,986 |
| John Bendoraitis | PSU | 2023-04-03 | 15,643 | 31,285 | — | 62,570 | 549,990 |
| Matthew H. Klein | PSU | 2023-04-03 | 14,221 | 28,441 | — | 56,882 | 499,993 |
| Scott M. Haralson | RSU | 2023-01-30 | — | — | 19,624 | — | 386,789 |
| Edward M. Christie III | RSU | 2023-04-03 | — | — | 8,603 | — | 151,241 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Matthew H. Klein | $499,984 | $499,993 | $0 | 50.0% |
| John Bendoraitis | 549,988 | 549,990 | 0 | 50.0% |
| Edward M. Christie III | 1,456,240 | 1,456,239 | 0 | 50.0% |
| Rocky B. Wiggins | 299,986 | 299,985 | 0 | 50.0% |
| Scott M. Haralson | 549,984 | 549,990 | 0 | 50.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2023
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Rocky B. Wiggins | PSU | 3,469 | — | $56,857 |
| Rocky B. Wiggins | PSU | 4,336 | — | 71,067 |
| Scott M. Haralson | PSU | 4,362 | — | 71,493 |
| Rocky B. Wiggins | RSU | 4,625 | — | 75,804 |
| Scott M. Haralson | PSU | 5,453 | — | 89,375 |
| Scott M. Haralson | RSU | 5,817 | — | 95,341 |
| Matthew H. Klein | RSU | 7,727 | — | 126,646 |
| Edward M. Christie III | RSU | 8,603 | — | 141,003 |
| Scott M. Haralson | RSU | 9,283 | — | 152,148 |
| John Bendoraitis | PSU | 9,461 | — | 155,066 |
| Matthew H. Klein | PSU | 9,659 | — | 158,311 |
| Matthew H. Klein | RSU | 10,303 | — | 168,866 |
| John Bendoraitis | PSU | 11,826 | — | 193,828 |
| John Bendoraitis | RSU | 12,615 | — | 206,760 |
| Edward M. Christie III | PSU | 13,456 | — | 220,544 |
| Rocky B. Wiggins | RSU | 15,220 | — | 249,456 |
| Edward M. Christie III | PSU | 16,820 | — | 275,680 |
| Edward M. Christie III | RSU | 17,942 | — | 294,069 |
| Scott M. Haralson | RSU | 19,624 | — | 321,637 |
| Matthew H. Klein | RSU | 25,367 | — | 415,765 |
| John Bendoraitis | RSU | 27,904 | — | 457,347 |
| Rocky B. Wiggins | PSU | 34,128 | — | 559,358 |
| Matthew H. Klein | RSU | 56,882 | — | 932,296 |
| Scott M. Haralson | PSU | 62,570 | — | 1,025,522 |
| John Bendoraitis | PSU | 62,570 | — | 1,025,522 |
| Edward M. Christie III | RSU | 66,210 | — | 1,085,182 |
| Edward M. Christie III | PSU | 165,670 | — | 2,715,331 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| H. McIntyre GardnerIndependent · Board Chair · Audit | $130,000 | $169,979 | — | — | — | $299,979 |
| Robert D. JohnsonIndependent · Audit (Chair) · Safety, Security and Operations | 102,500 | 119,994 | — | — | — | 222,494 |
| Barclay G. Jones IIIIndependent · Compensation (Chair) · Nominating and Corporate Governance | 97,500 | 119,994 | — | — | — | 217,494 |
| Mark B. DunkerleyIndependent · Audit · Safety, Security and Operations (Chair) | 91,000 | 119,994 | — | — | — | 210,994 |
| Dawn M. ZierIndependent · Compensation · Nominating and Corporate Governance (Chair) · Not standing for re-election | 88,500 | 119,994 | — | — | — | 208,494 |
| Christine P. RichardsIndependent · Compensation · Nominating and Corporate Governance | 82,500 | 119,994 | — | — | — | 202,494 |
| Myrna M. SotoIndependent · Compensation · Safety, Security and Operations | 82,500 | 119,994 | — | — | — | 202,494 |
| Edward M. Christie IIIEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $70,000 |
|---|---|
| Annual equity retainer | $120,000 |
| Per board meeting fee | $1,000 |
| Committee chair fees (audit / comp / nom-gov) | 17,500 / 15,000 / 6,000 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $674,500 |
| Equity awards (grant-date value) | $889,943 |
| All other compensation | $0 |
| Total cost of the board | $1,564,443 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Spirit Airlines as a peer
Companies that benchmark against SAVE
6 companies name SAVE as a compensation peer
The list of companies that name SAVE as a peer is temporarily unavailable — recheck shortly.
Disclosed peer group — fiscal year 2023
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
CEDAR FAIR, L.P.BLMN BLOOMIN BRANDS, INC.H HYATT HOTELS CORPORATIONALK AlaskaURI UnitedAMT AmericanSWX SouthwestDAL DeltaALK ALASKA AIR GROUPALGT ALLEGIANT TRAVEL COMPANYULCC FRONTIER GROUP HOLDINGS, INCHA HAWAIIAN HOLDINGS, INC.JBLU JETBLUE AIRWAYS CORPORATIONCAR AVIS BUDGET GROUP, INC.HLT HILTON WORLDWIDE HOLDINGS INC.RCL ROYAL CARIBBEAN CRUISES LTD.NCLH NORWEGIAN CRUISE LINE HOLDINGS LTD.TNL TRAVEL + LEISURE CO.VAC MARRIOTT VACATIONS WORLDWIDE CORPORATIONMTN VAIL RESORTS, INC.WH WYNDHAM HOTELS & RESORTS, INC.HGV HILTON GRAND VACATIONS INC.SIX SIX FLAGS ENTERTAINMENT CORPORATIONSEAS SEAWORLD ENTERTAINMENT, INC.R RYDER SYSTEM, INC.KNX KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.SNDR SCHNEIDER NATIONAL, INC.ULH UNIVERSAL LOGISTICS HOLDINGS, INC.ATSG AIR TRANSPORT SERVICES GROUP, INC.ROP ROPER TECHNOLOGIES, INC.ADT ADT INC.WSO WATSCO, INC.LSTR LANDSTAR SYSTEM, INC.DY DYCOM INDUSTRIES, INC.BLD TOPBUILD CORP.BRO BROWN & BROWN, INC.DOOR MASONITE INTERNATIONAL CORPORATIONHEI HEICO CORPORATIONHRI HERC HOLDINGS INC.ESI ELEMENT SOLUTIONS INC
Peer reciprocity
The companies Spirit Airlines names as compensation peers that name it back in their own disclosed peer groups.
FRONTIER GROUP HOLDINGS, INC (ULCC)76HAWAIIAN HOLDINGS, INC. (HA)77JETBLUE AIRWAYS CORPORATION (JBLU)78NORWEGIAN CRUISE LINE HOLDINGS LTD. (NCLH)79
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Hilton Worldwide Holdings Inc | 2025 | Christopher Nassetta | $1,300,000 | $17,324,722 | $5,774,961 | $2,974,111 | $27,674,400 |
| 2 | Hyatt Hotels Corporation | 2025 | Mark Hoplamazian | 1,410,417 | 20,478,749 | 2,562,490 | 2,056,500 | 26,699,762 |
| 3 | Roper Technologies, Inc | 2025 | L. Neil Hunn | 1,000,000 | 17,533,527 | 5,098,979 | 2,096,000 | 26,205,765 |
| 4 | Royal Caribbean Cruises Ltd | 2025 | Jason Liberty | 1,396,154 | 15,800,057 | 0 | 5,129,600 | 23,978,813 |
| 5 | Delta | 2025 | Edward Bastian | 1,082,500 | 11,914,231 | 0 | 5,846,040 | 19,222,401 |
| 6 | Travel + Leisure Co | 2025 | Michael Brown | 1,331,756 | 10,849,962 | 0 | 3,331,300 | 16,000,693 |
| 7 | ADT Inc | 2025 | James DeVries | 1,164,154 | 1,129,613 | 9,939,019 | 2,357,412 | 14,881,421 |
| 8 | American | 2025 | Steven Vondran | 1,000,000 | 11,528,748 | 0 | 2,280,000 | 14,854,505 |
| 9 | Marriott Vacations Worldwide Corporation | 2025 | John Geller | 888,462 | 5,599,984 | 1,399,992 | 0 | 14,344,132 |
| 10 | Hilton Grand Vacations Inc | 2025 | Mark Wang | 1,345,962 | 7,762,448 | 0 | 4,540,200 | 14,067,191 |
| 11 | Norwegian Cruise Line Holdings Ltd | 2025 | Harry Sommer | 1,300,000 | 9,499,960 | 0 | 2,880,800 | 13,752,560 |
| 12 | Wyndham Hotels & Resorts, Inc | 2025 | Geoffrey Ballotti | 1,426,935 | 11,999,818 | 0 | 0 | 13,551,700 |
| 13 | United | 2025 | Matthew Flannery | 1,187,671 | 9,080,474 | 0 | 1,767,656 | 12,057,571 |
| 14 | Ryder System, Inc | 2025 | Robert Sanchez | 1,100,001 | 7,159,495 | 0 | 1,675,894 | 10,178,386 |
| 15 | Southwest | 2025 | Karen Haller | 1,090,685 | 5,776,085 | 0 | 1,861,200 | 10,029,409 |
| 16 | Alaska | 2025 | Ben Minicucci | 847,692 | 6,769,222 | 0 | 1,632,721 | 9,904,339 |
| 17 | Schneider National, Inc | 2025 | Mark Rourke | 1,000,000 | 5,704,174 | 0 | 569,120 | 7,380,101 |
| 18 | Spirit Airlines | 2023 | Edward M. Christie III | 745,833 | 2,912,479 | — | 1,134,573 | 6,601,404 |
| 19 | Avis Budget Group, Inc | 2025 | Brian Choi | 837,500 | 4,285,014 | 0 | 765,351 | 5,921,410 |
| 20 | Bloomin Brands, Inc | 2025 | Michael Spanos | 1,000,000 | 3,333,337 | 0 | 1,155,000 | 5,495,861 |
| 21 | Jetblue Airways Corporation | 2025 | Joanna Geraghty | 700,000 | 3,249,996 | 0 | 1,102,500 | 5,191,318 |
| 22 | Knight-Swift Transportation Holdings Inc | 2025 | Adam Miller | 950,000 | 3,242,667 | — | 803,130 | 5,011,329 |
| 23 | Hawaiian Holdings, Inc | 2023 | Peter Ingram | 771,250 | 2,973,790 | 0 | 734,847 | 4,525,350 |
| 24 | Frontier Group Holdings, Inc | 2025 | James Dempsey | 655,074 | 2,699,987 | 0 | 872,886 | 4,237,766 |
| 25 | Vail Resorts, Inc | 2025 | Robert Katz | 1,123,588 | 1,405,693 | 1,405,693 | 0 | 3,952,230 |
| 26 | Allegiant Travel Company | 2025 | Gregory Anderson | 600,000 | 223,496 | 0 | 0 | 2,191,511 |
| 27 | SIX Flags Entertainment Corporation | 2022 | Selim Bassoul | 1,550,000 | 33,329 | 0 | 340,446 | 1,923,775 |
| 28 | Universal Logistics Holdings, Inc | 2025 | Tim Phillips | 700,180 | 175,020 | 0 | 0 | 1,193,811 |
| 29 | Watsco, Inc | 2025 | Albert Nahmad | 600,000 | 0 | 0 | 0 | 833,620 |
| — | Seaworld Entertainment, Inc | — | — | — | — | — | — | not in coverage universe |
| — | AIR Transport Services Group, Inc | — | — | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Spirit Airlines | not disclosed | RSU 50 · PSU 50 | not disclosed | Korn Ferry |
| ADT Inc | not disclosed | Option 100 | not disclosed | Pearl Meyer |
| AIR Transport Services Group, Inc | not disclosed | not disclosed | not disclosed | not disclosed |
| Alaska | 110.0% | RSU 50 · PSU 50 | No | Meridian Compensation Partners, LLC |
| Allegiant Travel Company | not disclosed | PRSU 50 · RSU 50 | not disclosed | not disclosed |
| American | 114% | PSU 70 · RSU 30 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| Avis Budget Group, Inc | not disclosed | PSU 50 · RSU 50 | not disclosed | Pay Governance LLC |
| Bloomin Brands, Inc | 66% | PSU 67 · RSU 33 | No | FW Cook |
| Delta | 54.46% | PSU 50 · Cash LTI 25 · RSU 25 | No | Frederic W. Cook & Co., Inc. (FW Cook) |
| Frontier Group Holdings, Inc | not disclosed | not disclosed | not disclosed | Willis Towers Watson |
| Hawaiian Holdings, Inc | not disclosed | RSU 50 · PRSU 50 | not disclosed | Pay Governance LLC |
| Hilton Grand Vacations Inc | 113% | not disclosed | No | Pearl Meyer |
| Hilton Worldwide Holdings Inc | 114% | PSU 50 · RSU 25 · Options 25 | No | Exequity LLP |
| Hyatt Hotels Corporation | 84% | PSU 40 · SAR 30 · RSU 30 | No | Korn Ferry |
| Jetblue Airways Corporation | not disclosed | not disclosed | Yes — Relative TSR | Pay Governance LLC |
| Knight-Swift Transportation Holdings Inc | not disclosed | PRSU 60 · RSU 40 | not disclosed | Pearl Meyer |
| Marriott Vacations Worldwide Corporation | 67.27% | PSU 50 · RSU 30 · Options 20 | No | Exequity LLP |
| Norwegian Cruise Line Holdings Ltd | 110.8% | PSU 50 · RSU 50 | No | Korn Ferry |
| Roper Technologies, Inc | 104.8% | PSU 75 · Options 25 | No | Compensia |
| Royal Caribbean Cruises Ltd | 183.2% | PSU 51 · RSU 28 | No | Meridian |
| Ryder System, Inc | 90% | PSU 60 · RSU 40 | No | FW Cook |
| Schneider National, Inc | not disclosed | PSU 50 · RSU 50 | Yes — RELATIVE TOTAL SHAREHOLDER RETURN (rTSR) | Frederic W. Cook & Co, Inc. |
| Seaworld Entertainment, Inc | not disclosed | PSU 75 · Option 25 | not disclosed | W.T. Haigh & Company |
| SIX Flags Entertainment Corporation | not disclosed | PSU 80 · RSU 20 | No | FW Cook |
| Southwest | 141% | PSU 60 · RSU 40 | No | Aon Human Capital Solutions |
| Travel + Leisure Co | 142.8% | PSU 50 · RSU 50 | No | Aon |
| United | 99.2% | PSU 80 · RSU 20 | No | Pearl Meyer & Partners, LLC |
| Universal Logistics Holdings, Inc | not disclosed | RSU 100 | not disclosed | Cannot be determined from provided text |
| Vail Resorts, Inc | 92% | RSU 50 · Options 50 | not disclosed | Aon |
| Watsco, Inc | not disclosed | Restricted Stock 100 | not disclosed | Pearl Meyer |
| Wyndham Hotels & Resorts, Inc | not disclosed | RSU 50 · PSU 50 | No | Aon (Human Capital Solutions practice) |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2024 | 2024-06-07 | 12,833,031 | 7,543,935 | 354,524 | 61.9% | Passed |
| 2023 | 2023-05-10 | 53,770,264 | 6,809,392 | 410,266 | 88.16% | Passed |
| 2021 | 2021-05-20 | 46,946,363 | 784,235 | 164,577 | 98.02% | Passed |
| 2020 | 2020-06-16 | 34,584,741 | 545,122 | 219,209 | 97.84% | Passed |
| 2019 | 2019-05-14 | 59,009,015 | 421,961 | 30,178 | 99.24% | Passed |
| 2018 | 2018-05-22 | 56,898,700 | 605,151 | 35,416 | 98.89% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2024 | 2024-06-07 | 61.9%a |
| 2023 | 2023-05-10 | 88.16%b |
| 2021 | 2021-05-20 | 98.02%c |
a. Approved under the standard stated in the filing — “Abstentions will have the same effect as an "AGAINST" vote for purposes of determining whether this matter”.
b. Approved under the standard stated in the filing — “Abstentions will have the same effect as an "AGAINST" vote for purposes of determining whether this matter has been approved.”.
c. Approved under the standard stated in the filing — “Abstentions will have the same effect as an AGAINST vote for purposes of determining whether this matter has been approved.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 107 : 1 |
|---|---|
| CEO total compensation | $6,601,404 |
| Median employee compensation | $61,919 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Frederick S. Cromer | EVP & CFO | 2025-07-21 | A | 74,850 | $0 | $0 | Common | Form 4 ↗ |
| John Bendoraitis | EVP & COO | 2025-07-21 | A | 74,850 | 0 | 0 | Common | Form 4 ↗ |
| Arijit Rana Ghosh | SVP & CCO | 2025-07-21 | A | 37,425 | 0 | 0 | Common | Form 4 ↗ |
| Thomas C. Canfield | EVP, GC and Secretary | 2025-07-21 | A | 74,850 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Thomas C. Canfield | EVP, GC and Secretary | 2025-07-21 | A | 74,850 | 0 | 0 | Common | Form 4 ↗ |
| John Bendoraitis | EVP & COO | 2025-07-21 | A | 74,850 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Arijit Rana Ghosh | SVP & CCO | 2025-07-21 | A | 37,425 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Frederick S. Cromer | EVP & CFO | 2025-07-21 | A | 74,850 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Andrea Fischer Newman | Director | 2025-07-22 | A | 29,535 | 0 | 0 | Common | Form 4 ↗ |
| David N. Siegel | Director | 2025-07-22 | A | 29,535 | 0 | 0 | Common | Form 4 ↗ |
| Eugene I. Davis | Director | 2025-07-22 | A | 29,535 | 0 | 0 | Common | Form 4 ↗ |
| Timothy J. Bernlohr | Director | 2025-07-22 | A | 29,535 | 0 | 0 | Common | Form 4 ↗ |
| Radha Tilton | Director | 2025-07-22 | A | 29,535 | 0 | 0 | Common | Form 4 ↗ |
| Robert A. Milton | Director | 2025-07-22 | A | 29,535 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (79 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Edward M. Christie III. DEF 14A, filed 2024-04-25. Section “Compensation Tables”. As printed: 6,601,404. View filing ↗
- Section 01, Scott M. Haralson. DEF 14A, filed 2024-04-25. Section “Compensation Tables”. As printed: 3,568,032. View filing ↗
- Section 01, John Bendoraitis. DEF 14A, filed 2024-04-25. Section “Compensation Tables”. As printed: 3,099,375. View filing ↗
- Section 01, Matthew H. Klein. DEF 14A, filed 2024-04-25. Section “Compensation Tables”. As printed: 2,883,219. View filing ↗
- Section 01, Rocky B. Wiggins. DEF 14A, filed 2024-04-25. Section “Compensation Tables”. As printed: 2,206,849. View filing ↗
- Section 03, Matthew H. Klein RSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, John Bendoraitis RSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Edward M. Christie III PSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Edward M. Christie III RSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Rocky B. Wiggins PSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Scott M. Haralson PSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Scott M. Haralson RSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Rocky B. Wiggins RSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, John Bendoraitis PSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Matthew H. Klein PSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Scott M. Haralson RSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Edward M. Christie III RSU. DEF 14A, filed 2024-04-25. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2024-04-25. Section “CEO Pay Ratio”. As printed: 107 : 1. View filing ↗
- Section 08, H. McIntyre Gardner. DEF 14A, filed 2024-04-25. Section “Director Compensation”. As printed: 299,979. View filing ↗
- Section 08, Robert D. Johnson. DEF 14A, filed 2024-04-25. Section “Director Compensation”. As printed: 222,494. View filing ↗
- Section 08, Barclay G. Jones III. DEF 14A, filed 2024-04-25. Section “Director Compensation”. As printed: 217,494. View filing ↗
- Section 08, Mark B. Dunkerley. DEF 14A, filed 2024-04-25. Section “Director Compensation”. As printed: 210,994. View filing ↗
- Section 08, Dawn M. Zier. DEF 14A, filed 2024-04-25. Section “Director Compensation”. As printed: 208,494. View filing ↗
- Section 08, Christine P. Richards. DEF 14A, filed 2024-04-25. Section “Director Compensation”. As printed: 202,494. View filing ↗
- Section 08, Myrna M. Soto. DEF 14A, filed 2024-04-25. Section “Director Compensation”. As printed: 202,494. View filing ↗
- Section 08, Edward M. Christie III. DEF 14A, filed 2024-04-25. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, Frederick S. Cromer 2025-07-21. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John Bendoraitis 2025-07-21. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Arijit Rana Ghosh 2025-07-21. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Thomas C. Canfield 2025-07-21. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Thomas C. Canfield 2025-07-21. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John Bendoraitis 2025-07-21. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Arijit Rana Ghosh 2025-07-21. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Frederick S. Cromer 2025-07-21. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Andrea Fischer Newman 2025-07-22. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David N. Siegel 2025-07-22. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Eugene I. Davis 2025-07-22. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Timothy J. Bernlohr 2025-07-22. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Radha Tilton 2025-07-22. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert A. Milton 2025-07-22. Form 4, filed 2025-07-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-11. Item 5.07 · say-on-pay result. As reported: 61.9% (votes for as printed: 12,833,031). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-05-12. Item 5.07 · say-on-pay result. As reported: 88.16% (votes for as printed: 53,770,264). View filing ↗
- Section 06, 2021 vote. Form 8-K, filed 2021-05-21. Item 5.07 · say-on-pay result. As reported: 98.02%. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 674,500 + equity 889,943 + all other 0 = 1,564,443, summed across the director compensation table rows.
- Hilton Worldwide Holdings Inc, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Hilton Worldwide Holdings Inc's own proxy. As printed: 27,674,400. View filing ↗
- Hyatt Hotels Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Hyatt Hotels Corporation's own proxy. As printed: 26,699,762. View filing ↗
- Roper Technologies, Inc, Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in Roper Technologies, Inc's own proxy. As printed: 26,205,765. View filing ↗
- Royal Caribbean Cruises Ltd, Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Royal Caribbean Cruises Ltd's own proxy. As printed: 23,978,813. View filing ↗
- Delta, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Delta's own proxy. As printed: 19,222,401. View filing ↗
- Travel + Leisure Co, Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Travel + Leisure Co's own proxy. As printed: 16,000,693. View filing ↗
- ADT Inc, Section 10b CEO total. DEF 14A, filed 2026-04-14. CEO total compensation as printed in ADT Inc's own proxy. As printed: 14,881,421. View filing ↗
- American, Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in American's own proxy. As printed: 14,854,505. View filing ↗
- Marriott Vacations Worldwide Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Marriott Vacations Worldwide Corporation's own proxy. As printed: 14,344,132. View filing ↗
- Hilton Grand Vacations Inc, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Hilton Grand Vacations Inc's own proxy. As printed: 14,067,191. View filing ↗
- Norwegian Cruise Line Holdings Ltd, Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Norwegian Cruise Line Holdings Ltd's own proxy. As printed: 13,752,560. View filing ↗
- Wyndham Hotels & Resorts, Inc, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Wyndham Hotels & Resorts, Inc's own proxy. As printed: 13,551,700. View filing ↗
- United, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in United's own proxy. As printed: 12,057,571. View filing ↗
- Ryder System, Inc, Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Ryder System, Inc's own proxy. As printed: 10,178,386. View filing ↗
- Southwest, Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Southwest's own proxy. As printed: 10,029,409. View filing ↗
- Alaska, Section 10b CEO total. DEF 14A, filed 2026-03-30. CEO total compensation as printed in Alaska's own proxy. As printed: 9,904,339. View filing ↗
- Schneider National, Inc, Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Schneider National, Inc's own proxy. As printed: 7,380,101. View filing ↗
- Spirit Airlines (subject), Section 10b CEO total. DEF 14A, filed 2024-04-25. CEO total compensation as printed in Spirit Airlines's own proxy. As printed: 6,601,404. View filing ↗
- Avis Budget Group, Inc, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Avis Budget Group, Inc's own proxy. As printed: 5,921,410. View filing ↗
- Bloomin Brands, Inc, Section 10b CEO total. DEF 14A, filed 2026-03-03. CEO total compensation as printed in Bloomin Brands, Inc's own proxy. As printed: 5,495,861. View filing ↗
- Jetblue Airways Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Jetblue Airways Corporation's own proxy. As printed: 5,191,318. View filing ↗
- Knight-Swift Transportation Holdings Inc, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Knight-Swift Transportation Holdings Inc's own proxy. As printed: 5,011,329. View filing ↗
- Hawaiian Holdings, Inc, Section 10b CEO total. DEF 14A, filed 2024-04-01. CEO total compensation as printed in Hawaiian Holdings, Inc's own proxy. As printed: 4,525,350. View filing ↗
- Frontier Group Holdings, Inc, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Frontier Group Holdings, Inc's own proxy. As printed: 4,237,766. View filing ↗
- Vail Resorts, Inc, Section 10b CEO total. DEF 14A, filed 2025-10-30. CEO total compensation as printed in Vail Resorts, Inc's own proxy. As printed: 3,952,230. View filing ↗
- Allegiant Travel Company, Section 10b CEO total. DEF 14A, filed 2026-05-15. CEO total compensation as printed in Allegiant Travel Company's own proxy. As printed: 2,191,511. View filing ↗
- SIX Flags Entertainment Corporation, Section 10b CEO total. DEF 14A, filed 2023-03-28. CEO total compensation as printed in SIX Flags Entertainment Corporation's own proxy. As printed: 1,923,775. View filing ↗
- Universal Logistics Holdings, Inc, Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Universal Logistics Holdings, Inc's own proxy. As printed: 1,193,811. View filing ↗
- Watsco, Inc, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Watsco, Inc's own proxy. As printed: 833,620. View filing ↗
- Section 10a, FRONTIER GROUP HOLDINGS, INC reciprocity. DEF 14A. FRONTIER GROUP HOLDINGS, INC names Spirit Airlines in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, HAWAIIAN HOLDINGS, INC. reciprocity. DEF 14A. HAWAIIAN HOLDINGS, INC. names Spirit Airlines in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, JETBLUE AIRWAYS CORPORATION reciprocity. DEF 14A. JETBLUE AIRWAYS CORPORATION names Spirit Airlines in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, NORWEGIAN CRUISE LINE HOLDINGS LTD. reciprocity. DEF 14A. NORWEGIAN CRUISE LINE HOLDINGS LTD. names Spirit Airlines in its own disclosed peer group (read from its most recent proxy). View filing ↗