Form 4: FYBR CEO Nick Jeffery's Stock Vesting & Tax Sales
Insider Transaction Report (Form 4)
Frontier Communications Parent, Inc. CEO Nick Jeffery reported the vesting of performance-based stock units and subsequent tax-related share dispositions.
Summary
- Nick Jeffery, President & CEO and Director of Frontier Communications Parent, Inc. (FYBR), reported transactions on December 18, 2025.
- Acquired 150,335 shares of common stock at a price of $38.19 per share upon the vesting of performance-based stock units (2023 PSUs) for the 2023-2025 performance period.
- Disposed of 59,157 shares of common stock at $38.19 per share, withheld by the company to cover taxes upon the vesting of the 2023 PSUs.
- Disposed of an additional 51,826 shares of common stock at $38.19 per share, withheld by the company to cover taxes upon the vesting of previously granted restricted stock units.
- Following these transactions, beneficial ownership stands at 1,356,233 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive due to the vesting of performance-based units, indicating successful achievement of company goals. The subsequent tax-related sales are a neutral, expected event in executive compensation.
Positives
- The vesting of 150,335 performance-based stock units indicates that performance targets for the 2023-2025 period were met, reflecting positively on company and management performance.
Negatives
- A total of 110,983 shares were disposed of to cover tax obligations, which is a standard practice but reduces the direct shareholding.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a routine insider transaction related to executive compensation and does not directly reflect broader industry trends or competitive positioning. It is a standard mechanism for executives to realize value from long-term incentive plans.
Related Party Transactions
- The transactions involve the company's President & CEO and Director, Nick Jeffery, and are related to his equity compensation plan.
Stakeholder Impact
- Shareholders: The vesting indicates management met performance targets, which is generally positive. The tax sales are a minor, routine event.
- Employees: No direct impact on general employees, but reflects the structure of executive incentive compensation.
Key Dates
| Date | Description |
|---|---|
| 12/18/2025 | Date of transaction, including vesting of performance-based stock units and restricted stock units, and subsequent share dispositions for tax. |
| 12/22/2025 | Date the Form 4 was signed and filed. |
Keywords
Frontier Communications, FYBR, Nick Jeffery, Insider Transaction, Stock Vesting, Performance Stock Units, Restricted Stock Units, CEO, Director, Equity Compensation
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