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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 54,621 | $0.00 | -- |
| Tax Withholding | Common Stock | 21,494 | $38.34 | $824K |
Footnotes (1)
- Represents number of shares of common stock acquired by the reporting person upon the vesting of the remaining portion 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. Represents shares withheld by the Company to cover taxes upon vesting of the 2023 PSUs.
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.
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.