Frontier Communications (FYBR) CFO reports share vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontier Communications Parent, Inc. (FYBR) reported that its Chief Financial Officer, Scott C. Beasley, acquired common stock through equity compensation vesting. On January 14, 2026, he received 10,790 shares of common stock upon vesting of the remaining portion of the performance-based stock units granted for the 2023–2025 performance period, referred to as the 2023 PSUs.
On the same date, 4,246 shares of common stock were withheld by the company to cover tax obligations arising from the PSU vesting at a price of $38.34 per share. After these transactions, Beasley directly beneficially owned 320,474 shares of Frontier common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Beasley Scott C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,790 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,246 | $38.34 | $163K |
Holdings After Transaction:
Common Stock — 324,720 shares (Direct)
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 Frontier Communications (FYBR) report for its CFO?
The company reported that Chief Financial Officer Scott C. Beasley acquired 10,790 shares of common stock on January 14, 2026 from the vesting of performance-based stock units for the 2023–2025 performance period.
What are the 2023 PSUs mentioned in the Frontier FYBR Form 4?
The 2023 PSUs are performance-based stock units previously granted to the reporting person for the 2023–2025 performance period, which vested on January 14, 2026, resulting in the issuance of 10,790 shares.
Was the Frontier CFO’s stock transaction on January 14, 2026 a purchase on the open market?
No. The 10,790 shares reported were acquired upon vesting of performance-based stock units, not through an open market purchase, and 4,246 shares were withheld by the company for taxes.