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StandardAero Inc. (NYSE: SARO) will replace Frontier Communications Parent Inc. (NASD: FYBR) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, January 22. S&P 500 & S&P 100 constituent Verizon Communications Inc. (NYSE: VZ) is acquiring Frontier Communications Parent in a deal expected to close soon pending final conditions.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
| Effective Date | Index Name      | Action | Company Name | Ticker | GICS Sector |
| Jan 22, 2026 | S&P MidCap 400 | Addition | StandardAero | SARO | Industrials |
| Jan 22, 2026 | S&P MidCap 400 | Deletion | Frontier Communications Parent | FYBR | Communication Services |
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