Form 4: Frontier Communications Executive William McGloin Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
William McGloin, Chief Accounting Officer of Frontier Communications, disposed of 471 shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 10, 2025, William McGloin, the Chief Accounting Officer of Frontier Communications Parent, Inc. disposed of 471 shares of common stock.
- The shares were disposed of to cover tax obligations related to the vesting and settlement of previously granted restricted stock units.
- The transaction was executed at a price of $35.87 per share.
- Following the transaction, McGloin directly owns 13,786 shares of Frontier Communications Parent, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: William McGloin disposed of shares to cover tax obligations. |
| 03/12/2025 | Date of signature on the Form 4 filing. |
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