Collins Kathryn M 4

What Happened

• Kathryn M. Collins, Senior Vice President & Chief Revenue Officer of Frontdoor, had restricted stock units (RSUs) vest in late March 2026, resulting in the conversion/acquisition of 12,567 shares (6,259 on 2026-03-25 and 6,308 on 2026-03-27).
• To satisfy tax withholding obligations, 2,813 shares were withheld on 2026-03-25 at a reported value of $59.25/share ($166,670) and 2,835 shares were withheld on 2026-03-27 at $55.84/share ($158,306). The combined value of shares withheld for taxes was $324,976.
• These were not open-market sales for investment purposes but routine net settlement/tax withholding tied to RSU vesting.

Key Details

• Transaction dates and prices:
  • 2026-03-25: 6,259 RSUs converted to shares; 2,813 shares withheld at $59.25 -> $166,670 withheld.
  • 2026-03-27: 6,308 RSUs converted to shares; 2,835 shares withheld at $55.84 -> $158,306 withheld.
• Total shares acquired on vesting: 12,567; total shares withheld for taxes: 5,648; total tax-withholding value: $324,976.
• Footnotes: RSUs convert one-for-one to common stock on vesting (F1); withheld shares reflect tax withholding (F2); RSUs were granted 2024-03-25 and vest in three equal installments on 2025, 2026 and 2027 (F3).
• Shares owned after the transaction are not specified in the filed Form 4.
• Filing: Reported on Form 4 with period and filing date 2026-03-27 (no late filing indicated).

Context

• This is a routine vesting and net-settlement (tax-withholding) event rather than an open-market sale or purchase. In filings, M-code lines reflect the exercise/conversion of derivatives (here, RSU vesting) and F-code lines reflect shares withheld to cover tax liability.
• Such withholding is common for RSU settlements and does not necessarily signal a change in the insider’s view of the company.