Frontdoor (FTDR) CFO logs new RSU grant and routine vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontdoor, Inc. SVP & CFO Jason L. Bailey reported routine equity compensation activity. He received a grant of 13,982 restricted stock units on March 30, 2026, each economically equivalent to one share of common stock and vesting in three equal installments on March 30, 2027, 2028 and 2029, subject to continued service.
On March 31, 2026, 1,753 previously granted restricted stock units vested and converted on a one-for-one basis into 1,753 shares of common stock. Of these, 427 shares were withheld at a price of $51.95 per share to cover his tax liability. Following these transactions, he directly holds 19,723 shares of common stock and 13,982 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,753 shares exercised/converted
Mixed
4 txns
Insider
Bailey Jason L
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,753 | $0.00 | -- |
| Exercise | Common Stock | 1,753 | $0.00 | -- |
| Tax Withholding | Common Stock | 427 | $51.95 | $22K |
| Grant/Award | Restricted Stock Units | 13,982 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,506 shares (Direct);
Common Stock — 20,150 shares (Direct)
Footnotes (1)
- Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units. 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. 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.
Key Figures
New RSU grant: 13,982 units
RSUs vested and converted: 1,753 units/shares
Shares withheld for taxes: 427 shares at $51.95
+3 more
6 metrics
New RSU grant
13,982 units
Restricted stock units granted on March 30, 2026
RSUs vested and converted
1,753 units/shares
RSUs converted to common stock on March 31, 2026
Shares withheld for taxes
427 shares at $51.95
Tax-withholding disposition on March 31, 2026
Common shares held after
19,723 shares
Direct holdings following March 31, 2026 transactions
Unvested RSUs outstanding
13,982 units
Remain subject to vesting in 2027, 2028, 2029
Vesting schedule
3 equal installments
On March 30, 2027, 2028 and 2029
Key Terms
Restricted Stock Units, tax liability, economic equivalent, grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Units financial
"Reflects restricted stock units that upon vesting convert into shares of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting"
economic equivalent financial
"Each unit is the economic equivalent of one share of the Company's stock"
grant, award, or other acquisition financial
"The restricted stock units were granted on March 30, 2026"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What equity award did Frontdoor (FTDR) CFO Jason L. Bailey receive?
Jason L. Bailey received 13,982 restricted stock units as an equity award. Each unit equals one share of Frontdoor common stock and will vest in three equal installments on March 30, 2027, 2028 and 2029, contingent on his continued service with the company.
What transactions in Frontdoor (FTDR) stock did the CFO report?
He reported vesting of 1,753 restricted stock units that converted into 1,753 common shares. From these, 427 shares were withheld at $51.95 per share to cover tax obligations. The activity reflects routine compensation-related vesting and associated tax withholding, not open-market buying or selling.
How do the newly granted Frontdoor (FTDR) RSUs vest over time?
The 13,982 restricted stock units granted on March 30, 2026 vest in three equal installments. They are scheduled to vest and settle on March 30, 2027, March 30, 2028 and March 30, 2029, provided Jason L. Bailey continues his service with Frontdoor.