Form 4: Frontier Communications Officer Tax Withholding
Insider Transaction Report
Frontier Communications EVP & Chief Network Officer Veronica Bloodworth reported the withholding of 10,247 shares to cover taxes on vested restricted stock units.
Summary
- Veronica Bloodworth, Executive Vice President and Chief Network Officer of Frontier Communications Parent, Inc. (FYBR), reported a transaction on December 18, 2025.
- The transaction involved the disposition of 10,247 shares of common stock.
- These shares were withheld by the company to cover tax obligations upon the vesting of previously granted restricted stock units.
- The price per share for the withheld stock was $38.19.
- Following this transaction, Ms. Bloodworth beneficially owns 254,040 shares of common stock directly.
Sentiment
Score: 5
Explanation: This is a routine, non-discretionary transaction related to executive compensation and tax obligations, not indicative of positive or negative sentiment towards the company's performance or outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This transaction is a routine insider filing (Form 4) detailing the disposition of shares to cover tax obligations upon the vesting of restricted stock units, a common component of executive compensation across various industries, including telecommunications.
Comparison to Industry Standards
- The practice of withholding shares to cover tax liabilities upon the vesting of restricted stock units is a standard and widely accepted method of managing executive compensation and tax obligations across public companies, consistent with practices observed in peer companies within the telecommunications sector and broader market.
Related Party Transactions
- The transaction involves the withholding of shares by Frontier Communications Parent, Inc. from its Executive Vice President and Chief Network Officer, Veronica Bloodworth, to satisfy tax obligations arising from the vesting of restricted stock units. This is a standard compensation-related transaction between an officer and the company.
Stakeholder Impact
- Shareholders: Minimal direct impact, as this is a routine, non-discretionary transaction related to executive compensation. It confirms an executive's continued equity ownership, albeit slightly reduced by tax withholding.
- Employees: No direct impact beyond the executive involved.
Key Dates
| Date | Description |
|---|---|
| 12/18/2025 | Date of transaction, representing the vesting of restricted stock units and subsequent withholding of shares for tax purposes. |
| 12/22/2025 | Date the Form 4 was signed. |
Keywords
Frontier Communications, FYBR, Form 4, insider transaction, stock withholding, executive compensation, restricted stock units, RSU, Veronica Bloodworth
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.