Clipper Christopher L 4

What Happened Christopher L. Clipper, a director of Frontdoor, Inc. (FTDR), was granted 2,836 deferred share equivalents (DSEs) on 2026-05-13. The Form 4 reports the acquisition at $0.00 (no cash paid); the grant is recorded as transaction code "A" (award/grant).

Key Details

• Transaction date and price: 2026-05-13, 2,836 units at $0.00.
• Filing date: 2026-05-15 — filed within the normal 2-business-day Form 4 window (timely).
• Shares owned after transaction: not specified in the filing.
• Footnote: The DSEs were issued under the Frontdoor, Inc. 2018 Omnibus Incentive Plan, are fully vested, and the underlying shares will be issued to Mr. Clipper at a future date per his deferral election (footnote F1).
• Transaction type: Award/Grant (code A), not an open-market purchase or sale.

Context Deferred share equivalents are a promise to deliver shares (or their cash value) later and do not necessarily represent immediate open-market buying or selling. Because these DSEs are fully vested but payable in the future, this is an internal compensation/deferral event rather than a direct market trade.