BEEBE KEVIN L 4

What Happened

• Kevin L. Beebe, a director of Frontier Communications Parent, Inc. (FYBR), recorded two dispositions on Jan 20, 2026 related to the company’s merger: 36,916 shares and 4,709 RSU-related units were converted to cash at $38.50 per share. The transactions resulted in cash proceeds of about $1,421,266.00 and $181,296.50, respectively — roughly $1,602,562.50 total.
• This was not an open-market sale but a merger-related conversion/disposition to the issuer under the Merger Agreement; shareholders and vested RSU holders received $38.50 per share in cash.

Key Details

• Transaction date: January 20, 2026 (Effective Time of the merger)
• Cash price: $38.50 per share (per merger terms)
• Breakdown/value: 36,916 shares → $1,421,266.00; 4,709 RSU units → $181,296.50; total ≈ $1,602,562.50
• Shares/RSUs involved: 41,625 total
• Shares owned after transaction: Public shares were converted to cash at closing (post-merger public holdings effectively zero)
• Footnotes: F1 — merger with Verizon’s Merger Sub became effective Jan 20, 2026; F2 — each outstanding share converted into $38.50 cash; F3 — RSUs vested and were canceled with holders entitled to cash equal to underlying shares × $38.50
• Filing: Form 4 filed Jan 22, 2026 (within the standard 2-business-day reporting window)

Context

• This filing reflects a cash-out in a corporate acquisition, not a voluntary market sale or purchase. Such merger-driven dispositions are routine mechanics of deal closings and do not necessarily indicate an insider’s view on the company’s future market performance.