Bailey Jason L 4

What Happened

• Jason L. Bailey, Chief Financial Officer of Frontdoor, had restricted stock units (RSUs) vest and convert into common shares. A total of 3,718 RSUs settled (1,825 on 2026-03-25 and 1,893 on 2026-03-27). To cover tax liabilities on the vesting, 1,019 shares were withheld/disposed, generating cash proceeds of $58,804.
• The withholding transactions were reported as dispositions to satisfy tax obligations (codes F). No open-market sale by the insider was reported — this was a routine tax-withholding event following RSU vesting.

Key Details

• Transaction dates: RSU settlements on 2026-03-25 (1,825 shares) and 2026-03-27 (1,893 shares). Tax-withholding disposals on 2026-03-25 (558 shares at $59.25 = $33,062) and 2026-03-27 (461 shares at $55.84 = $25,742).
• Total vested/converted: 3,718 RSUs → 3,718 shares. Total shares withheld for taxes: 1,019 shares. Total cash value received from withheld shares: $58,804.
• Footnotes: (F1/F3) These were RSUs granted 3/25/2024 that vest and settle in three equal installments on 3/25/2025, 2026 and 2027. (F2) The reported dispositions reflect shares withheld to cover the Reporting Person's tax liability.
• Filing: Form 4 filed 2026-03-27 reporting the 3/25 transactions; the filing appears timely (no late-filing indication in the report).
• Shares owned after the transactions: not specified in the provided filing details.

Context

• This was not an economic sale by the insider to diversify or cash out; it was a common cashless/withholding procedure where the company withholds shares to satisfy tax withholding at vesting. Such transactions are routine and reflect compensation vesting rather than an independent market trade signal.
• For retail investors, purchases are typically more informative about insider conviction; this report documents compensation settlement and tax withholding.