Verizon deal pays Frontier (FYBR) director $38.50 per share

Rhea-AI Filing Summary

Frontier Communications Parent, Inc. director Kevin L. Beebe reported that his equity in the company was cashed out in connection with the closing of its merger with a Verizon Communications Inc. subsidiary. On January 20, 2026, a Verizon-owned merger subsidiary combined with Frontier, leaving Frontier as a wholly owned subsidiary of Verizon at the merger’s effective time.

At that effective time, each outstanding share of Frontier common stock was automatically converted into the right to receive $38.50 in cash per share, without interest. Beebe reported the disposition of 36,916 shares of common stock and the cancellation of 4,709 restricted stock units, with each RSU converted into a cash payment equal to the number of underlying shares multiplied by $38.50. Following these transactions, he reported no remaining Frontier shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider BEEBE KEVIN L

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock	36,916	$0.00	--
Disposition	Common Stock	4,709	$0.00	--

Holdings After Transaction: Common Stock — 4,709 shares (Direct)

Footnotes (1)

1. In connection with the terms of the Agreement and Plan of Merger, dated September 4, 2024 (the "Merger Agreement"), by and among the Issuer, Verizon Communications Inc. ("Parent"), France Merger Sub Inc., a wholly owned Subsidiary of Parent ("Merger Sub"), in accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Parent upon the consummation of the merger on January 20, 2026 (the "Effective Time"). At the Effective Time, each outstanding share of Issuer common stock ("Share") was automatically converted into the right to receive an amount in cash equal to $38.50 per share, without interest. Represents each outstanding restricted stock unit ("RSU") which, at the Effective Time, vested and was canceled, with the holder thereof entitled to receive an amount in cash equal to the number of Shares underlying such RSUs multiplied by $38.50.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BEEBE KEVIN L

(Last) (First) (Middle)

C/O FRONTIER COMMUNICATIONS PARENT, INC.

1919 MCKINNEY AVENUE

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Frontier Communications Parent, Inc. [ FYBR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/20/2026		D		36,916(1)	D	(2)	4,709	D
Common Stock	01/20/2026		D		4,709	D	(3)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. In connection with the terms of the Agreement and Plan of Merger, dated September 4, 2024 (the "Merger Agreement"), by and among the Issuer, Verizon Communications Inc. ("Parent"), France Merger Sub Inc., a wholly owned Subsidiary of Parent ("Merger Sub"), in accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Parent upon the consummation of the merger on January 20, 2026 (the "Effective Time").

2. At the Effective Time, each outstanding share of Issuer common stock ("Share") was automatically converted into the right to receive an amount in cash equal to $38.50 per share, without interest.

3. Represents each outstanding restricted stock unit ("RSU") which, at the Effective Time, vested and was canceled, with the holder thereof entitled to receive an amount in cash equal to the number of Shares underlying such RSUs multiplied by $38.50.

	/s/ Anne C. Meyer, under Power of Attorney	01/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Kevin L. Beebe report at Frontier (FYBR)?

Kevin L. Beebe, a director of Frontier Communications Parent, Inc., reported the disposition of his Frontier equity when the company was acquired by a Verizon Communications Inc. subsidiary on January 20, 2026.

How many Frontier (FYBR) common shares did Kevin L. Beebe dispose of?

Kevin L. Beebe reported disposing of 36,916 shares of Frontier Communications Parent, Inc. common stock in a transaction dated January 20, 2026.

What cash consideration did Frontier (FYBR) shareholders receive in the Verizon merger?

At the merger’s effective time, each outstanding Frontier Communications Parent, Inc. common share was automatically converted into the right to receive $38.50 in cash per share, without interest.

What happened to Kevin L. Beebe’s Frontier (FYBR) restricted stock units?

Each outstanding Frontier restricted stock unit held by Kevin L. Beebe vested and was canceled at the effective time, entitling him to cash equal to the 4,709 underlying shares multiplied by $38.50 per share.

Did Kevin L. Beebe retain any Frontier (FYBR) shares after the merger closed?

No. After the reported merger-related transactions on January 20, 2026, Kevin L. Beebe reported owning zero Frontier Communications Parent, Inc. common shares.

What corporate event triggered this Frontier (FYBR) Form 4 filing?

The filing reflects the closing of a merger under a September 4, 2024 Merger Agreement in which a Verizon Communications Inc. subsidiary merged with Frontier, making Frontier a wholly owned Verizon subsidiary as of January 20, 2026.