Frontier holder Glendon exits after Verizon merger

Frontier Communications Parent, Inc. investors Glendon Capital Management L.P., Holly Kim Olson and G2 Communication L.P. have filed an amended Schedule 13G/A showing they now hold 0 shares, or 0% of the company’s common stock.

Rhea-AI Filing Summary

Frontier Communications Parent, Inc. investors Glendon Capital Management L.P., Holly Kim Olson and G2 Communication L.P. have filed an amended Schedule 13G/A showing they now hold 0 shares, or 0% of the company’s common stock.

The filing explains that, as of January 20, 2026, the closing date of Frontier’s merger with Verizon Communications Inc., all Frontier common shares, including those previously beneficially owned by these filers, were canceled and converted into the right to receive $38.50 in cash per share.

The filers note that as of December 31, 2025, Glendon Capital Management L.P. and Holly Kim Olson together beneficially owned 20,916,439 shares (8.4% of the outstanding common stock), and G2 Communication L.P. beneficially owned 16,389,493 shares (6.5%). This amendment is described as updating and closing out their reporting obligations following the merger.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Frontier Communications (FYBR) Schedule 13G/A Amendment No. 5 disclose?

The amendment reports that key filers now beneficially own 0 Frontier shares. It follows the January 20, 2026 merger closing with Verizon, when Frontier common stock was canceled and converted into the right to receive $38.50 in cash per share.

Why do Glendon Capital and related parties report 0% ownership in FYBR?

They report 0% because Frontier’s merger with Verizon closed on January 20, 2026. At that time, all Frontier common stock, including their holdings, was canceled and converted into a cash payment of $38.50 per share, eliminating ongoing equity ownership.

How many Frontier Communications shares did Glendon Capital previously own?

The filers state that as of December 31, 2025, Glendon Capital Management L.P. and Holly Kim Olson beneficially owned 20,916,439 Frontier common shares, or 8.4% of the outstanding stock. Those shares were later canceled at the merger closing and converted into the $38.50 cash consideration.

What prior Frontier stake did G2 Communication L.P. report in this filing?

G2 Communication L.P. notes that as of December 31, 2025, it beneficially owned 16,389,493 Frontier common shares, representing 6.5% of the outstanding stock. Following the merger with Verizon, those shares were canceled and exchanged for $38.50 in cash per share.

What consideration did FYBR shareholders receive in the Verizon merger?

At the effective time of the merger with Verizon, each share of Frontier common stock was canceled and converted into the right to receive $38.50 in cash, without interest. This cash consideration applied to shares beneficially owned by the filers and all other outstanding common shares.

Why are Glendon Capital and others filing this closing Schedule 13G/A for FYBR?

They state the amendment is being filed to update and close out their reporting regarding Frontier common stock. After the January 20, 2026 merger with Verizon and cancellation of all shares, their beneficial ownership became 0, ending their status as significant shareholders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/12/2026 - 11:27 AM EST Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Frontier Communications Parent, Inc.

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

35909D109

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 35909D109

1

Names of Reporting Persons

Glendon Capital Management L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA, PN

Comment for Type of Reporting Person: The shares reported in the table above reflect the balance as of January 20, 2026, the closing date of the Company's merger with Verizon Communications Inc. At the effective time of the merger, the Company's common stock (including the shares beneficially owned by the filer) were canceled and converted into the right to receive $38.50 in cash per share, without interest (the "Merger Consideration") as described in the Company's Current Report Form 8-K filed on January 16, 2026. The filer separately notes that, as of December 31, 2025, the filer beneficially owned 20,916,439 shares of the Company's common stock (8.4% of the Company's outstanding common stock). In light of the consummation of the merger and cancellation of the Company's common stock, this amendment is being filed to update and close out the filer's Schedule 13G reporting with respect to the Company's common stock.

SCHEDULE 13G

CUSIP No. 35909D109

1

Names of Reporting Persons

Holly Kim Olson

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IN, HC

Comment for Type of Reporting Person: The shares reported in the table above reflect the balance as of January 20, 2026, the closing date of the Company's merger with Verizon Communications Inc. At the effective time of the merger, the Company's common stock (including the shares beneficially owned by the filer) were canceled and converted into the right to receive $38.50 in cash per share, without interest (the "Merger Consideration") as described in the Company's Current Report Form 8-K filed on January 16, 2026. The filer separately notes that, as of December 31, 2025, the filer beneficially owned 20,916,439 shares of the Company's common stock (8.4% of the Company's outstanding common stock). In light of the consummation of the merger and cancellation of the Company's common stock, this amendment is being filed to update and close out the filer's Schedule 13G reporting with respect to the Company's common stock.

SCHEDULE 13G

CUSIP No. 35909D109

1

Names of Reporting Persons

G2 Communication L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: The shares reported in the table above reflect the balance as of January 20, 2026, the closing date of the Company's merger with Verizon Communications Inc. At the effective time of the merger, the Company's common stock (including the shares beneficially owned by the filer) were canceled and converted into the right to receive $38.50 in cash per share, without interest (the "Merger Consideration") as described in the Company's Current Report Form 8-K filed on January 16, 2026. The filer separately notes that, as of December 31, 2025, the filer beneficially owned 16,389,493 shares of the Company's common stock (6.5% of the Company's outstanding common stock). In light of the consummation of the merger and cancellation of the Company's common stock, this amendment is being filed to update and close out the filer's Schedule 13G reporting with respect to the Company's common stock.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Frontier Communications Parent, Inc.
(b)	Address of issuer's principal executive offices: 1919 McKinney Avenue, Dallas, Texas, 75201
Item 2.
(a)	Name of person filing: (1) Glendon Capital Management L.P. (2) Holly Kim Olson (3) G2 Communication L.P.
(b)	Address or principal business office or, if none, residence: (1) Glendon Capital Management L.P.: 2425 Olympic Blvd., Suite 500E, Santa Monica, CA 90404 (2) Holly Kim Olson: 2425 Olympic Blvd., Suite 500E, Santa Monica, CA 90404 (3) G2 Communication L.P.: 2425 Olympic Blvd., Suite 500E, Santa Monica, CA 90404
(c)	Citizenship: (1) Glendon Capital Management L.P.: Delaware limited partnership (2) Holly Kim Olson: United States Citizen (3) G2 Communication L.P.: Delaware limited partnership
(d)	Title of class of securities: Common Stock, $0.01 par value
(e)	CUSIP No.: 35909D109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: (1) Glendon Capital Management L.P.: 0 (2) Holly Kim Olson: 0 (3) G2 Communication L.P.: 0
(b)	Percent of class: (1) Glendon Capital Management L.P.: 0% (2) Holly Kim Olson: 0% (3) G2 Communication L.P.: 0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: (1) Glendon Capital Management L.P.: 0 (2) Holly Kim Olson: 0 (3) G2 Communication L.P.: 0
	(ii) Shared power to vote or to direct the vote: (1) Glendon Capital Management L.P.: 0 (2) Holly Kim Olson: 0 (3) G2 Communication L.P.: 0
	(iii) Sole power to dispose or to direct the disposition of: (1) Glendon Capital Management L.P.: 0 (2) Holly Kim Olson: 0 (3) G2 Communication L.P.: 0
	(iv) Shared power to dispose or to direct the disposition of: (1) Glendon Capital Management L.P.: 0 (2) Holly Kim Olson: 0 (3) G2 Communication L.P.: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Glendon Capital Management L.P.

Signature:	Haig Maghakian
Name/Title:	Haig Maghakian / Chief Compliance Officer / General Counsel
Date:	02/12/2026

Holly Kim Olson

Signature:	Holly Kim Olson
Name/Title:	Holly Kim Olson / Individual
Date:	02/12/2026

G2 Communication L.P.

Signature:	Haig Maghakian
Name/Title:	Haig Maghakian / Authorized Person
Date:	02/12/2026

Comments accompanying signature: Glendon Capital Associates II LLC is the general partner of G2 Communication L.P. Pursuant to an investment management agreement, Glendon Capital Associates II LLC has delegated its investment management authority in respect of G2 Communication L.P. to Glendon Capital Management L.P.

Exhibit Information

EXHIBIT 1