Beasley Scott C 4

What Happened
Scott C. Beasley, Chief Financial Officer of Frontier Communications Parent, Inc., had 536,413 shares/units disposed on January 20, 2026 in connection with the company’s merger into Verizon. Under the merger agreement, each Frontier share (and vested RSUs/PSUs) converted into the right to receive $38.50 in cash per share. The aggregate cash value of the dispositions is approximately $20,651,900.50.

Key Details

• Transaction date: January 20, 2026 (reported on Form 4 filed January 22, 2026). Filing appears timely under Form 4 rules (within two business days).
• Dispositions reported on the Form 4:
  • 251,225 shares converted to cash (per Merger Agreement) — value ≈ $9,672,162.50
  • 69,249 shares converted to cash — value ≈ $2,666,086.50
  • 215,939 derivative units (RSUs/PSUs) canceled/settled in cash (listed at $0.00 in filing) — value ≈ $8,313,651.50
• Total shares/units disposed: 536,413; total cash received (per Merger terms at $38.50/share): ≈ $20.65M.
• Footnotes: F1–F4 explain the January 20, 2026 merger (Merger Sub merged into Frontier), automatic $38.50-per-share cash conversion for outstanding shares (F2), and cancellation/ cash settlement of time‑based RSUs (F3) and performance-based PSUs (F4 — treated as vested based on actual performance).
• Shares owned after the transaction: not specified in the provided filing details.

Context
These dispositions are merger-related cash settlements (not open-market sales). They reflect the contractual conversion and cash-out of common shares and vested restricted stock units under the Merger Agreement with Verizon, rather than a discretionary sale by the insider.