COBB WILLIAM C 4
4 · Frontdoor, Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Frontdoor (FTDR) CEO William Cobb Exercises RSUs; Withholds Shares
What Happened
- William C. Cobb, Chief Executive Officer and Director of Frontdoor, had restricted stock units (derivative awards) convert into 28,048 shares around March 30–31, 2026. To cover tax obligations, 12,229 shares were withheld at $51.95 per share, totaling $635,297 (disposition for tax withholding). Separately, the filing shows a grant of 61,521 restricted stock units on March 30, 2026 (no immediate cash value).
Key Details
- Transaction dates: March 30, 2026 (RSU grant); March 31, 2026 (conversion/exercise and tax withholding).
- Tax-withheld shares: 12,229 shares withheld at $51.95/share, proceeds reported as $635,297.
- Converted/acquired shares: 28,048 shares reported as converted/exercised from derivatives.
- New grant: 61,521 RSUs granted 3/30/2026 (see footnote for vesting schedule).
- Footnotes of note:
- F1/F3/F4: These are restricted stock units (one-for-one on vesting). The 3/30/2026 grant vests in three equal installments on 3/30/2027–2029. A prior grant on 3/31/2025 vests in three equal installments beginning 3/31/2026.
- F2: The 12,229-share disposition reflects shares withheld to satisfy tax withholding on vested RSUs.
- Shares owned after the transaction: Not specified in the provided excerpt of the filing.
- Filing timeliness: Form 4 was filed 2026-04-01 for transactions on 3/30–3/31/2026; the filing appears timely (no late filing noted).
Context
- This was not an open-market purchase or sale for cash but an RSU vesting/settlement event and related tax withholding (a common, routine corporate compensation action). The withholding of shares to satisfy taxes is a cashless/setoff settlement method and should not be read as a separate market sale expressing sentiment.
Insider Transaction Report
Form 4
Frontdoor, Inc.FTDR
COBB WILLIAM C
DirectorCEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-31+28,048→ 196,564 total - Tax Payment
Common Stock
[F2]2026-03-31$51.95/sh−12,229$635,297→ 184,335 total - Award
Restricted Stock Units
[F1][F3]2026-03-30+61,521→ 61,521 total→ Common Stock (61,521 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-31−28,048→ 56,096 total→ Common Stock (28,048 underlying)
Holdings
- 15,000(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis.
- [F2]Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units.
- [F3]Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 30, 2026 and will vest and settle in three equal installments on March 30, 2027, 2028 and 2029, subject to continued service with the Company.
- [F4]Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 31, 2025 and will vest and settle in three equal installments on March 31, 2026, 2027 and 2028, subject to continued service with the Company.
Signature
/s/ Stephanie Delavale, as Attorney-In-Fact for William C. Cobb|2026-04-01