Frontier CAO reports PSU vesting, tax withholding
Frontier Communications Parent, Inc. chief accounting officer William McGloin reported equity award activity involving the company’s common stock.
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 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,374 | $38.34 | $53K |
Footnotes (2)
- F1. 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.
- F2. Represents shares withheld by the Company to cover taxes upon vesting of the 2023 PSUs.
FAQ
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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.
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