Frontier Communications Parent, Inc. (FYBR) exec logs PSU vesting and tax withholding
Rhea-AI Filing Summary
Frontier Communications Parent, Inc. Chief Legal & Reg. Officer Mark D. Nielsen reported equity compensation activity. On January 14, 2026, he acquired 61,020 shares of common stock at $0 when previously granted 2023–2025 performance-based stock units vested. On the same date, 28,277 shares were withheld at $38.34 per share to cover taxes on this vesting. After these transactions, he directly owned 215,767 shares of Frontier common stock.
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FAQ
What insider activity did FYBR report for Mark D. Nielsen?
Mark D. Nielsen, Chief Legal & Reg. Officer of Frontier Communications Parent, Inc. (FYBR), reported the vesting of performance-based stock units into common shares and a related tax withholding transaction on January 14, 2026.
How many FYBR shares did Mark D. Nielsen acquire from PSU vesting?
He acquired 61,020 shares of Frontier common stock at $0 per share upon vesting of performance-based stock units for the 2023–2025 performance period.
How many FYBR shares were withheld for taxes in this Form 4?
The company withheld 28,277 shares of Frontier common stock at a price of $38.34 per share to cover taxes due upon vesting of the 2023 performance-based stock units.
What is Mark D. Nielsen’s FYBR share ownership after these transactions?
Following the reported transactions, Mark D. Nielsen directly owned 215,767 shares of Frontier Communications Parent, Inc. common stock.
What do the 2023 PSUs in the FYBR Form 4 represent?
The 2023 PSUs are performance-based stock units granted for the 2023–2025 performance period that vested on January 14, 2026, resulting in the issuance of common shares to the reporting person.
Is the FYBR Form 4 transaction a market sale by the insider?
The filing shows tax withholding of 28,277 shares by the company at $38.34 per share, rather than an open market sale initiated by the insider.