Vemana Pratabkumar 4

What Happened
Vemana Pratabkumar, a director of Frontier Communications Parent, Inc. (FYBR), disposed of a total of 30,436 shares on January 20, 2026. The filings show two dispositions: 25,919 shares and 4,517 shares, each converted to cash at the merger consideration price of $38.50 per share, for aggregate proceeds of approximately $1,171,786. This was not an open-market sale but a cash-out under the merger agreement.

Key Details

• Transaction date: January 20, 2026; filing date: January 22, 2026 (timely).
• Price: $38.50 per share (fixed by the Merger Agreement).
• Shares disposed: 25,919 and 4,517 (total 30,436).
• Approximate total proceeds: $1,171,786.
• Shares owned after transaction: N/A — outstanding common stock was converted to cash at the Effective Time.
• Footnotes: F1 — merger with Verizon completed Jan 20, 2026; F2 — each outstanding share converted into $38.50 in cash; F3 — RSUs vested and were canceled and paid out in cash at $38.50 per underlying share.
• Transaction type: Disposition to issuer (cash-out under merger), not an open market sale.

Context
These dispositions reflect the merger mechanics (Frontier became a Verizon subsidiary and shares/RSUs were converted to cash) rather than a director-initiated trade. Such merger cash-outs are routine corporate actions and do not necessarily indicate the director’s view on the company’s future performance.