EVP Harrobin sells 36,000 FYBR shares at $36.01; reduces stake 32% to 76,523 shares
Harrobin John, EVP of Consumer at Frontier Communications, sold 36,000 shares ($1.3M) on 2025-03-03, reducing his holdings by 32.0% from 112,523 shares to 76,523 shares. The sale occurred at $36.01, slightly below the current price of $36.03 and well below the 52-week high of $38.68. This is a material reduction in an insider's stake at a company carrying negative net income of $-82,000,000.00 in its latest quarter and unprofitability over its most recent full fiscal year, though the company has posted modest 3.2% annual revenue growth. The magnitude of the stake reduction warrants investor attention given the company's earnings profile.