Frontdoor, Inc.·4

Apr 1, 4:20 PM ET

Bailey Jason L 4

4 · Frontdoor, Inc. · Filed Apr 1, 2026

Research Summary

AI-generated summary of this filing

Updated

Frontdoor (FTDR) CFO Jason Bailey Receives RSUs; Shares Withheld

What Happened

  • Jason L. Bailey, Chief Financial Officer of Frontdoor, had restricted stock units (RSUs) vest/convert into 1,753 shares on March 31, 2026. Of those, 427 shares were withheld to cover the tax liability, generating $22,183. After withholding, Bailey received a net 1,326 shares.
  • Separately, Bailey was granted 13,982 new RSU units on March 30, 2026 (no cash paid). These new units are derivative awards that will vest in future installments.

Key Details

  • Transaction dates: Grant: 2026-03-30 (13,982 RSUs granted); Vest/Conversion & withholding: 2026-03-31 (1,753 RSUs converted; 427 shares withheld).
  • Prices/values: Withheld shares: 427 @ $51.95 = $22,183 (used to satisfy tax withholding). RSU conversions show $0.00 price because RSUs convert to shares upon vesting.
  • Net shares received from vesting on 3/31/2026: 1,326 shares (1,753 vested − 427 withheld).
  • Footnotes of note:
    • F1/F3/F4: These are restricted stock units that convert one-for-one to common shares. The 13,982 RSUs granted 3/30/2026 vest in three equal annual installments on 3/30/2027–2029 (F3). The vested 1,753 shares relate to RSUs granted 3/31/2025 that vest in installments on 3/31/2026–2028 (F4).
    • F2: The 427-share disposition reflects shares withheld to cover tax liability on vesting.
  • Shares owned after the transactions: not specified in the excerpt of this filing.
  • Filing timeliness: Form 4 was filed 2026-04-01 reporting transactions on 3/30–3/31/2026; this appears to be a timely filing (Form 4 is typically due within two business days of the reportable transaction).

Context

  • These transactions are RSU vesting and a new RSU grant, not an open-market purchase or sale. The withholding of shares to satisfy taxes is a routine administrative step (not a market sale by the insider). RSU grants and vesting are common executive compensation events and do not, by themselves, indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-30
Bailey Jason L
SVP & Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-31+1,75320,150 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-31$51.95/sh427$22,18319,723 total
  • Award

    Restricted Stock Units

    [F1][F3]
    2026-03-30+13,98213,982 total
    Common Stock (13,982 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-03-311,7533,506 total
    Common Stock (1,753 underlying)
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 Jason L. Bailey|2026-04-01

Documents

1 file
  • 4
    ownership.xmlPrimary

    4