Frontdoor (FTDR) SVP Collins settles 12,567 RSUs; 5,648 shares withheld for taxes
Rhea-AI Filing Summary
Frontdoor, Inc. senior vice president and chief revenue officer Kathryn M. Collins reported routine equity compensation activity. On March 25 and March 27, she exercised and settled restricted stock units that converted into a total of 12,567 shares of common stock. The company withheld 5,648 shares at prices of $59.25 and $55.84 per share to cover tax obligations related to the vesting. After these transactions, she directly held 16,702 shares of common stock.
Positive
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Insights
Routine RSU vesting with tax withholding, no open-market trades.
Kathryn M. Collins, SVP & Chief Revenue Officer of Frontdoor, Inc., exercised restricted stock units on March 25, 2026 and March 27, 2026. The RSUs converted one-for-one into a total of 12,567 shares of common stock.
Form 4 data show two M-code transactions (derivative exercises) for 6,259 and 6,308 units, and two F-code transactions where 2,813 and 2,835 shares were withheld at $59.25 and $55.84 per share to satisfy tax liabilities, not sold in the open market.
No open-market purchase or sale codes appear, and derivativeSummary is empty, indicating these RSUs were fully settled. Following the tax withholding dispositions, Collins directly held 16,702 common shares. The pattern is consistent with standard executive equity compensation vesting rather than discretionary trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,308 | $0.00 | -- |
| Exercise | Common Stock | 6,308 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,835 | $55.84 | $158K |
| Exercise | Restricted Stock Units | 6,259 | $0.00 | -- |
| Exercise | Common Stock | 6,259 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,813 | $59.25 | $167K |
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 25, 2024 and vest and settle in three equal installments on March 25, 2025, 2026 and 2027, subject to continued service with the Company.