Young George Haywood III 4

What Happened
George Haywood III, a director of Frontier Communications Parent, Inc. (FYBR), had 11,509 restricted stock units (RSUs) disposed/canceled in connection with Frontier’s merger into Verizon. The RSUs vested and were canceled at the merger Effective Time (Jan 20, 2026) and were settled for cash at $38.50 per share, for an aggregate payment of approximately $443,096.50. This was a disposition to the issuer as part of the merger, not an open-market sale.

Key Details

• Transaction date: January 20, 2026 (Effective Time of the merger)
• Filing date / report filed: January 22, 2026 (appears timely)
• Transaction code: D (Disposition to the issuer) — price shown as N/A on the Form 4; value derived from merger terms
• Settlement terms: Per Merger Agreement, each RSU was cashed out at $38.50 per share (Footnote F2)
• Approximate cash received: 11,509 × $38.50 = $443,096.50
• Shares owned after transaction: Not reported in the provided excerpt
• Footnotes: F1 = Merger with Verizon effective Jan 20, 2026; F2 = RSUs vested and were canceled and paid in cash at $38.50/share
• No 10b5-1 plan, tax-withholding details, or late-filing flag indicated in the provided info

Context
These were RSUs that vested and were cashed out as part of Frontier’s acquisition by Verizon — a routine corporate transaction that converts equity awards into cash under merger terms. Such dispositions tied to mergers are standard and do not, by themselves, signal the insider’s view on the company’s future stock performance. Purchases by insiders generally carry more weight as a bullish signal; this record reflects contractually required settlement.