PUSEY STEPHEN CHARLES 4

What Happened
Stephen Charles Pusey, a director of Frontier Communications Parent, Inc. (FYBR), had two dispositions to the issuer on Jan 20, 2026: 9,893 shares and 28,169 shares (total 38,062). Per the merger agreement, each share (and vested RSU) was converted into $38.50 in cash, resulting in cash proceeds of $380,880.50 and $1,084,506.50 respectively, or $1,465,387.00 in total. These were not open-market sales but automatic conversions/settlements in connection with the Verizon merger.

Key Details

• Transaction date: 2026-01-20 (Effective Time of the merger). Filing date: 2026-01-22 (appears timely).
• Conversion price: $38.50 per share (per Merger Agreement).
• Shares/RSUs converted: 9,893 and 28,169 (total 38,062).
• Cash received: $380,880.50 and $1,084,506.50 (total $1,465,387.00).
• Transaction code: D — disposition to the issuer (merger-related conversion).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes: merger closed Jan 20, 2026; each outstanding share converted into $38.50 cash; outstanding RSUs vested and were canceled with holders entitled to cash at $38.50/share.

Context
These dispositions occurred as part of the Agreement and Plan of Merger with Verizon (Merger Sub merged into Frontier), which automatically converted Frontier common shares and vested RSUs into a cash payout. Because this was a merger-driven conversion rather than an open-market sale, it reflects transaction mechanics of the deal rather than an individual insider trading decision.