Bailey Jason L 4

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.