[Form 4] Frontier Communications Parent, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Frontier Communications Parent, Inc. director Lisa Chang reported the cash-out of her equity in connection with the company’s merger with Verizon Communications Inc.. On January 20, 2026, Verizon’s subsidiary France Merger Sub Inc. merged into Frontier, with Frontier surviving as a wholly owned Verizon subsidiary at the merger’s effective time.
At the effective time, each outstanding share of Frontier common stock was automatically converted into the right to receive $38.50 in cash per share, without interest. The filing shows dispositions of 23,802 shares of common stock, leaving 4,435 shares, followed by a second disposition of 4,435 shares, leaving Chang with no reported Frontier shares. Outstanding restricted stock units also vested and were canceled, with holders receiving cash equal to the underlying share count multiplied by $38.50.
Positive
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Insights
Director equity fully cashed out as Frontier is taken private by Verizon at $38.50 per share.
This Form 4 shows how the completed merger between Frontier Communications Parent, Inc. and a Verizon subsidiary affected director Lisa Chang’s holdings. At the merger’s effective time on January 20, 2026, each Frontier common share was automatically converted into the right to receive $38.50 in cash, with the company becoming a wholly owned Verizon subsidiary.
The filing records two disposition transactions coded “D” for non-derivative common stock. The first covers 23,802 shares, leaving 4,435 shares, and the second disposes of those remaining 4,435 shares, leaving no reported common stock. Footnotes also state that outstanding restricted stock units vested and were canceled at the effective time, paying cash equal to the underlying shares multiplied by $38.50. Together, this indicates Chang’s equity exposure to Frontier was fully converted into cash as part of the merger terms.