Coe Pamela L 4

What Happened

• Pamela L. Coe, a director of Frontier Communications Parent, Inc. (FYBR), had two dispositions to the issuer on January 20, 2026 totaling 42,042 shares (20,378 + 21,664). Under the terms of the merger with Verizon, each Frontier share was converted into the right to receive $38.50 in cash, meaning these shares generated approximately $1,618,617 in proceeds. This was a merger cash-out (disposition to the issuer), not an open-market sale.

Key Details

• Transaction date: January 20, 2026. Form filed January 22, 2026 (no late filing indicated).
• Consideration: $38.50 per share under the Merger Agreement (Effective Time Jan 20, 2026).
• Shares disposed: 20,378 and 21,664 (total 42,042); total proceeds ≈ $1,618,617.
• RSUs: Outstanding restricted stock units vested and were canceled at the Effective Time; holders received cash equal to the number of underlying shares × $38.50 (per filing footnote).
• Shares owned after transaction: The filing reflects conversion of outstanding shares at the Effective Time; the Form 4 does not report continuing public common shares post-merger.
• Footnotes: F1—merger effective Jan 20, 2026; F2—cash-out at $38.50/share; F3—RSUs vested and paid in cash.

Context

• This disposition was a contractual cash conversion under the Merger Agreement (Merger Sub merged into Frontier and Frontier became a wholly owned Verizon subsidiary). It is a routine, deal-driven conversion of stock to cash and not a typical insider market sale that might reflect trading sentiment.