Form 4: Frontier CEO's Stock Vesting and Tax Withholding
Insider Transaction Report
Frontier Communications Parent, Inc. CEO, Nick Jeffery, reported the vesting of performance-based stock units and subsequent tax-related share withholding.
Summary
- Jeffery Nick, President & CEO of Frontier Communications Parent, Inc. (FYBR), reported changes in his beneficial ownership.
- On January 14, 2026, Mr. Nick acquired 54,621 shares of common stock upon the vesting of performance-based stock units (2023 PSUs).
- These 2023 PSUs were granted for the 2023-2025 performance period and vested as scheduled.
- Concurrently, 21,494 shares were disposed of (withheld by the company) to cover taxes related to the vesting of the 2023 PSUs.
- The shares withheld for taxes were valued at $38.34 per share.
- Following these transactions, Mr. Nick's direct beneficial ownership stands at 1,389,360 shares of common stock.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as it reflects the successful vesting of performance-based compensation, indicating that company performance targets were met. It's a routine event for the company, but a positive outcome for the executive.
Positives
- The vesting of performance-based stock units indicates that performance targets for the 2023-2025 period were met, aligning executive compensation with company performance.
Negatives
- No inherent negatives are present in this routine compensation and tax withholding event.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details a routine executive compensation event, specifically the vesting of performance-based stock units and associated tax withholding. It does not provide information directly related to broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: The vesting of PSUs is a standard component of executive compensation, aligning management's interests with shareholder value creation. The tax withholding is a routine administrative action.
Key Dates
| Date | Description |
|---|---|
| 01/14/2026 | Date of vesting for 2023 performance-based stock units (PSUs) and subsequent acquisition of common stock, as well as shares withheld for taxes. |
| 01/16/2026 | Date the Form 4 was signed and filed. |
Keywords
Frontier Communications, FYBR, Jeffery Nick, CEO, Form 4, Insider Transaction, Stock Vesting, Performance Stock Units, Executive Compensation, Share Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.