Frontier (NASDAQ: FYBR) CAO reports 2023 PSU vesting and tax share withholding
Rhea-AI Filing Summary
Frontier Communications Parent, Inc. chief accounting officer William McGloin reported equity award activity involving the company’s common stock. On January 14, 2026, he acquired 2,965 shares at $0 upon vesting of performance-based stock units tied to the 2023-2025 performance period. On the same date, 1,374 shares were withheld by the company at $38.34 per share to cover taxes due upon this vesting. After these transactions, he directly held 17,077 shares of Frontier common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,965 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,374 | $38.34 | $53K |
Footnotes (1)
- Represents number of shares of common stock acquired by the reporting person upon the vesting 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 did Frontier Communications (FYBR) disclose in this Form 4?
The filing reports equity award activity for Chief Accounting Officer William McGloin, including the vesting of performance-based stock units and related tax share withholding in Frontier common stock.
What are the 2023 PSUs mentioned in the Frontier (FYBR) Form 4?
The 2023 PSUs are performance-based stock units granted for the 2023-2025 performance period, which vested on January 14, 2026, resulting in the issuance of 2,965 shares of common stock.
Is this Frontier (FYBR) Form 4 transaction an open-market sale by the CAO?
No. The filing describes shares issued upon vesting of performance-based stock units and shares withheld by the company for taxes, rather than a discretionary open-market sale by the officer.