Cella Peter L. 4

What Happened
Peter L. Cella, a director of Frontdoor, Inc. (FTDR), was granted 2,836 deferred share equivalents (DSEs) on May 13, 2026. The filing reports an acquisition (code A) of 2,836 shares at $0.00, with an aggregate reported value of $0. The DSEs are fully vested and the underlying shares will be issued to Cella at a future date according to his deferral election.

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-15 (within the typical 2-business-day reporting window).
• Transaction type/code: A — Grant/Award/Other acquisition of DSEs.
• Amount: 2,836 DSEs; Price: $0.00; Reported aggregate value: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — DSEs issued under the Frontdoor, Inc. 2018 Omnibus Incentive Plan; they are fully vested and shares will be issued later per the reporting person’s deferral election.
• No open-market purchase or sale, no option exercise, and no tax-withholding or 10b5-1 plan noted in the excerpt.

Context
Deferred share equivalents are bookkeeping units that represent the right to receive company shares at a later date; because these DSEs are fully vested, no additional service is required before issuance. This award did not involve cash paid by the insider and is not an open-market purchase or sale, so it should be interpreted as an equity compensation event rather than a direct insider market signal. The eventual value and timing of issued shares will depend on Frontdoor’s stock price and the terms of Cella’s deferral election.