Frontier CEO reports PSU vesting and tax withholding
Frontier Communications Parent, Inc. President and CEO Jeffery Nick reported equity award activity on January 14, 2026.
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 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 21,494 | $38.34 | $824K |
Footnotes (2)
- F1. 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.
- F2. Represents shares withheld by the Company to cover taxes upon vesting of the 2023 PSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.