STOCK TITAN

Frontier (FYBR) director exits stake as Verizon buyout pays $38.50

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Frontier Communications Parent, Inc. director Pamela L. Coe reported that all of her common stock in the company was eliminated in connection with its merger into a Verizon Communications Inc. subsidiary. On January 20, 2026, Frontier became a wholly owned subsidiary of Verizon under a previously signed merger agreement.

At the merger’s 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. Each outstanding restricted stock unit held by insiders also vested and was canceled, with holders entitled to a cash payment equal to the number of underlying shares multiplied by $38.50.

Positive

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Insights

Director’s Frontier equity is cashed out at $38.50 per share in Verizon’s completed acquisition.

The filing shows that Pamela L. Coe, a director of Frontier Communications Parent, Inc., had her common stock position fully terminated as part of the closing of the merger with a Verizon subsidiary on January 20, 2026. The transactions are coded as disposals but occur at a stated per‑share cash value of $38.50 under the merger agreement, rather than open-market sales.

Footnotes state that every outstanding share of Frontier common stock converted into the right to receive $38.50 in cash, and that each restricted stock unit vested and was canceled for cash equal to the number of underlying shares times $38.50. This indicates all equity for this director transitioned into cash consideration consistent with the change of control, making the activity a mechanical outcome of the acquisition rather than a discretionary trade.

Insider Coe Pamela L
Role Director
Type Security Shares Price Value
Disposition Common Stock 20,378 $0.00 --
Disposition Common Stock 21,664 $0.00 --
Holdings After Transaction: Common Stock — 21,664 shares (Direct)
Footnotes (1)
  1. In connection with the terms of the Agreement and Plan of Merger, dated September 4, 2024 (the "Merger Agreement"), by and among the Issuer, Verizon Communications Inc. ("Parent"), France Merger Sub Inc., a wholly owned Subsidiary of Parent ("Merger Sub"), in accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Parent upon the consummation of the merger on January 20, 2026 (the "Effective Time"). At the Effective Time, each outstanding share of Issuer common stock ("Share") was automatically converted into the right to receive an amount in cash equal to $38.50 per share, without interest. Represents each outstanding restricted stock unit ("RSU") which, at the Effective Time, vested and was canceled, with the holder thereof entitled to receive an amount in cash equal to the number of Shares underlying such RSUs multiplied by $38.50.
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Coe Pamela L

(Last) (First) (Middle)
C/O FRONTIER COMMUNICATIONS PARENT, INC.
1919 MCKINNEY AVENUE

(Street)
DALLAS TX 75201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Frontier Communications Parent, Inc. [ FYBR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/20/2026 D 20,378(1) D (2) 21,664 D
Common Stock 01/20/2026 D 21,664 D (3) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. In connection with the terms of the Agreement and Plan of Merger, dated September 4, 2024 (the "Merger Agreement"), by and among the Issuer, Verizon Communications Inc. ("Parent"), France Merger Sub Inc., a wholly owned Subsidiary of Parent ("Merger Sub"), in accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Parent upon the consummation of the merger on January 20, 2026 (the "Effective Time").
2. At the Effective Time, each outstanding share of Issuer common stock ("Share") was automatically converted into the right to receive an amount in cash equal to $38.50 per share, without interest.
3. Represents each outstanding restricted stock unit ("RSU") which, at the Effective Time, vested and was canceled, with the holder thereof entitled to receive an amount in cash equal to the number of Shares underlying such RSUs multiplied by $38.50.
/s/ Anne C. Meyer, under Power of Attorney 01/22/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Frontier (FYBR) Form 4 filed for Pamela L. Coe report?

It reports that director Pamela L. Coe disposed of all her Frontier Communications Parent, Inc. common stock on January 20, 2026 as part of the company’s merger into a Verizon Communications Inc. subsidiary.

Was Pamela L. Coe’s Frontier (FYBR) stock sale an open-market transaction?

No. Footnotes explain that her Frontier shares were automatically converted into the right to receive cash under a merger agreement when Frontier became a wholly owned Verizon subsidiary, rather than being sold in the open market.

What cash consideration did Frontier (FYBR) shareholders receive in the Verizon merger?

At the merger’s effective time, each outstanding share of Frontier common stock was converted into the right to receive $38.50 in cash per share, without interest.

How were Frontier (FYBR) restricted stock units treated in this transaction?

Each outstanding restricted stock unit (RSU) vested at the effective time of the merger and was canceled, with the holder entitled to receive cash equal to the number of underlying shares multiplied by $38.50.

What change in corporate status for Frontier (FYBR) is described?

The filing notes that a Verizon subsidiary merged with and into Frontier Communications Parent, Inc., and Frontier survived as a wholly owned subsidiary of Verizon Communications Inc. as of January 20, 2026.

What role did Pamela L. Coe hold at Frontier (FYBR) at the time of the transaction?

She is identified in the filing as a director of Frontier Communications Parent, Inc., with the Form 4 filed for one reporting person in that capacity.