Form 4: Frontier Communications Executive Alan Gardner Reports Stock Transaction
SEC Form 4 Filing
Alan Gardner, Chief People Officer of Frontier Communications, reports the disposal of 7,171 shares of common stock to cover taxes upon vesting of restricted stock units.
Summary
- On May 7, 2024, Alan Gardner, Chief People Officer of Frontier Communications Parent, Inc., disposed of 7,171 shares of common stock.
- The shares were withheld by the company to cover taxes upon the vesting of restricted stock units previously granted.
- The transaction price was $25.82 per share.
- Following the transaction, Gardner directly owns 111,974 shares of Frontier Communications Parent, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of stock disposal to cover taxes upon vesting of restricted stock units. |
| 05/09/2024 | Date of signature for the report. |
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