Frontier Communications Parent (FYBR) CEO equity grant filing disclosed
Rhea-AI Filing Summary
Frontier Communications Parent, Inc. President and CEO Jeffery Nick reported equity award activity on January 14, 2026. He acquired 54,621 shares of common stock at $0 per share upon vesting of the remaining portion of performance-based stock units tied to the 2023–2025 performance period. The company simultaneously withheld 21,494 shares at $38.34 per share to cover taxes due on this vesting.
After these transactions, Nick directly owned 1,389,360 shares of Frontier common stock. These moves reflect the settlement of previously granted performance-based stock units rather than an open‑market purchase or sale.
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FAQ
What insider transaction did FYBR President & CEO Jeffery Nick report?
Jeffery Nick reported the vesting of 54,621 shares of Frontier Communications Parent, Inc. common stock from previously granted 2023–2025 performance-based stock units and the withholding of 21,494 shares to cover taxes.
What do the 54,621 shares reported by FYBRs CEO represent?
The 54,621 shares represent common stock acquired upon the vesting of the remaining portion of 2023 performance-based stock units (2023 PSUs) that were granted for the 2023–2025 performance period and vested on January 14, 2026.
Why were 21,494 FYBR shares withheld in the Form 4 filing?
The 21,494 shares of Frontier common stock were withheld by the company to cover taxes due upon the vesting of the 2023 PSUs on January 14, 2026.
How many FYBR shares does CEO Jeffery Nick own after these transactions?
Following the reported transactions, Jeffery Nick directly owned 1,389,360 shares of Frontier Communications Parent, Inc. common stock.
Were the FYBR CEOs reported transactions open-market trades?
No. The Form 4 shows equity award vesting and tax withholding, not open-market purchases or sales. Shares were acquired from vesting PSUs, and some were withheld to satisfy tax obligations.
What is the transaction date for the FYBR CEOs Form 4 events?
Both the vesting of the 2023 PSUs and the related tax withholding occurred on January 14, 2026, as reported in the Form 4.