Smyth Margaret Mary 4

What Happened
Margaret Mary Smyth, a director of Frontier Communications Parent, Inc. (FYBR), had 37,485 shares/units (15,729 shares + 21,756 shares/RSUs) converted into cash in connection with Frontier’s merger with Verizon on January 20, 2026. Under the merger terms each share (and each share underlying vested RSUs) converted into the right to receive $38.50 in cash, for a total of $1,443,172.50. The Form 4 lists the transactions as dispositions to the issuer (no open‑market sale).

Key Details

• Transaction date: January 20, 2026 (Effective Time of the merger).
• Price per share: $38.50 cash per share (reported in filing footnotes; Form 4 shows price as N/A because the disposition was to the issuer under the merger).
• Total shares/units converted: 37,485 (15,729 + 21,756).
• Total cash received: $1,443,172.50.
• Shares owned after transaction: Company common stock was converted into cash at the Effective Time; outstanding FYBR shares/RSUs were canceled/paid per the merger terms.
• Filing timeliness: Report filed Jan 22, 2026 for Jan 20 transactions (appears to be filed within the standard two‑business‑day window).
• Footnotes: F1–F3 explain the merger with Verizon, the $38.50 per‑share cash conversion, and that RSUs vested and were canceled and paid in cash.

Context
These dispositions are the mechanical cash conversion of equity due to an acquisition, not open‑market insider selling. The filing reflects the merger payout rather than an indication of trading sentiment by the director.