StandardAero Set to Join S&P MidCap 400

StandardAero (NYSE: SARO) will join the S&P MidCap 400 prior to market open on Jan 22, 2026, replacing Frontier Communications Parent (NASD: FYBR).

Rhea-AI Summary

StandardAero (NYSE: SARO) will join the S&P MidCap 400 prior to market open on Jan 22, 2026, replacing Frontier Communications Parent (NASD: FYBR). The change was announced by S&P Dow Jones Indices and appears in the index reconstitution table as an addition for Industrials.

The release also notes Verizon (NYSE: VZ) is acquiring Frontier in a deal expected to close soon, pending final conditions.

Positive

• SARO added to S&P MidCap 400 effective Jan 22, 2026
• Index inclusion may increase passive fund demand for SARO shares

Negative

• FYBR deleted from S&P MidCap 400 effective Jan 22, 2026

Argus Jan 20 session

+0.44% close to close 1.1x rel. volume Open Argus

Details

News Market Reaction – VZ

On Jan 20, the first trading day after this news, VZ closed 0.44% above the previous close.

Data tracked by StockTitan Argus for the Jan 20 session.

Key Figures

Index change effective date: Jan 22, 2026 VZ price change: -1.35% Relative volume: 1.12x +1 more

Index change effective date

Jan 22, 2026

StandardAero joins S&P MidCap 400; FYBR removed

VZ price change

-1.35%

24h move prior to index-change news

Relative volume

1.12x

Today vs 20-day average volume for VZ

Price vs 52-week high

-12.11%

VZ vs 52-week high of 51.68

Historical Context

5 past events · Latest: Apr 09

5 events

1. Apr 09

   Marketing promotion

   24h Move

   -0.5%

   Ticket promotion via Total Wireless for FIFA World Cup 2026™.

2. Mar 30

   Earnings date set

   24h Move

   -0.0%

   Announcement of Q1 2026 earnings release and webcast timing.

3. Mar 23

   Customer promotion

   24h Move

   +1.2%

   Multiple sweepstakes and promos for FIFA World Cup 2026™ tickets.

4. Mar 05

   Conference appearance

   24h Move

   -0.0%

   CFO speaking at Deutsche Bank Media, Internet & Telecom Conference.

5. Feb 25

   Conference appearance

   24h Move

   -1.3%

   CEO speaking at Morgan Stanley Technology, Media & Telecom Conference.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

s&p midcap 400, s&p 500, s&p 100, dow jones industrial average, +1 more

5 terms

s&p midcap 400 financial

"Jan 22, 2026 | S&P MidCap 400 | Addition | StandardAero | SARO"

The S&P MidCap 400 is a group of 400 companies that are smaller than the big, well-known corporations but larger than tiny startups. It helps investors see how medium-sized companies are performing in the stock market, acting like a barometer for this middle-sized group of businesses.

s&p 500 financial

"S&P 500 & S&P 100 constituent Verizon Communications Inc. (NYSE: VZ)"

The S&P 500 is a broad stock market index that tracks the performance of 500 large U.S. companies, weighted so bigger firms have a larger impact. Investors use it like a thermometer or benchmark to judge how the overall U.S. stock market or a portfolio is doing; movements in the index influence investor sentiment, fund performance, and many passive investment products that aim to match its returns.

View in glossary

s&p 100 financial

"S&P 500 & S&P 100 constituent Verizon Communications Inc. (NYSE: VZ)"

The S&P 100 is a stock market index that tracks the shares of 100 large, well‑established U.S. companies selected for size and ease of trading; think of it as a basket representing the biggest, most widely traded American firms. Investors use it as a quick read on how large‑cap, blue‑chip stocks are performing and as a benchmark for funds and derivatives; like checking the temperature of the largest businesses, movements in the index can influence portfolio choices and risk management.

dow jones industrial average financial

"such as the S&P 500® and the Dow Jones Industrial Average®."

A stock market index that tracks the share prices of a small group of large, well-known companies to give a quick snapshot of how the broader market is doing. Think of it like a thermometer for the stock market: it uses a handful of heavyweight firms as representative samples to show whether investor sentiment is rising or falling, which helps investors gauge market trends and compare performance over time.

View in glossary

gics sector financial

"Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector"

GICS sector is one of the major industry groupings from the Global Industry Classification Standard, a system that sorts companies into consistent categories (like Technology or Health Care) based on the primary business they do. Investors use these sectors like folders in a filing cabinet to compare companies, build diversified portfolios, and track how whole parts of the market are performing rather than focusing on single stocks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Jan. 16, 2026 /PRNewswire/ -- StandardAero Inc. (NYSE: SARO) will replace Frontier Communications Parent Inc. (NASD: FYBR) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, January 22. S&P 500 & S&P 100 constituent Verizon Communications Inc. (NYSE: VZ) is acquiring Frontier Communications Parent in a deal expected to close soon pending final conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name	Action	Company Name	Ticker	GICS Sector
Jan 22, 2026	S&P MidCap 400	Addition	StandardAero	SARO	Industrials
Jan 22, 2026	S&P MidCap 400	Deletion	Frontier Communications Parent	FYBR	Communication Services

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/standardaero-set-to-join-sp-midcap-400-302663810.html

SOURCE S&P Dow Jones Indices

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will StandardAero (SARO) officially join the S&P MidCap 400?

SARO will join the S&P MidCap 400 effective prior to the open on Jan 22, 2026. According to S&P Dow Jones Indices, the addition replaces Frontier Communications Parent (FYBR) in the index reconstitution.

What does SARO joining the S&P MidCap 400 mean for shareholders?

Index inclusion often increases passive buying and liquidity for affected stocks. According to S&P Dow Jones Indices, SARO's entry could attract funds that track the MidCap 400, potentially raising trading volume and visibility.

Which company is being removed from the S&P MidCap 400 on Jan 22, 2026?

Frontier Communications Parent (NASDAQ: FYBR) will be deleted from the S&P MidCap 400 on Jan 22, 2026. According to S&P Dow Jones Indices, FYBR is the listed deletion in the index update table.

Will the Verizon (VZ) acquisition of Frontier affect the S&P index change?

The index change is independent but related: SARO replaces FYBR ahead of market open on Jan 22, 2026. According to S&P Dow Jones Indices, Verizon's planned acquisition of Frontier is expected to close soon, pending final conditions.

How should investors track the SARO addition to the MidCap 400 on Jan 22, 2026?

Monitor pre-market notices and fund rebalancing on Jan 22, 2026 for SARO inclusion. According to S&P Dow Jones Indices, the effective date is before the market open, so funds may execute trades at the open.

Does SARO's S&P MidCap 400 addition change its GICS sector classification?

No sector change is indicated: SARO is listed under the Industrials GICS sector in the Jan 22, 2026 table. According to S&P Dow Jones Indices, the addition keeps SARO classified as Industrials.