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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 61,020 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 28,277 | $38.34 | $1.08M |
Footnotes (2)
- F1. Represents number of shares of common stock acquired by the reporting person upon the vesting of performance-based stock units previously granted in respect of the 2023-2025 performance period ("2023 PSUs"). The 2023 PSUs were vested on January 14, 2026.
- F2. Represents shares withheld by the Company to cover taxes upon vesting of the 2023 PSUs.
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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.
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.