Frontdoor (FTDR) CFO exercises 3,718 RSUs with 1,019 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontdoor, Inc. SVP & Chief Financial Officer Jason L. Bailey reported routine equity compensation activity. On March 25 and 27, 2026, he exercised a total of 3,718 restricted stock units, which convert into common shares on a one-for-one basis.
To cover tax obligations tied to these vestings, 1,019 common shares were withheld by the company at prices of $59.25 and $55.84 per share, rather than being sold on the open market. After these transactions, Bailey directly holds 18,397 shares of Frontdoor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,718 shares exercised/converted
Mixed
6 txns
Insider
Bailey Jason L
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,893 | $0.00 | -- |
| Exercise | Common Stock | 1,893 | $0.00 | -- |
| Tax Withholding | Common Stock | 461 | $55.84 | $26K |
| Exercise | Restricted Stock Units | 1,825 | $0.00 | -- |
| Exercise | Common Stock | 1,825 | $0.00 | -- |
| Tax Withholding | Common Stock | 558 | $59.25 | $33K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 18,858 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 25, 2024 and vest and settle in three equal installments on March 25, 2025, 2026 and 2027, subject to continued service with the Company.
FAQ
What insider transactions did Frontdoor (FTDR) report for Jason L. Bailey?
Frontdoor reported that CFO Jason L. Bailey exercised 3,718 restricted stock units into common shares over two dates in March 2026. These were routine equity compensation vestings rather than open-market purchases or sales.
What are the terms of the Frontdoor (FTDR) restricted stock units involved?
Each restricted stock unit is economically equivalent to one common share. The units were granted on March 25, 2024 and vest in three equal installments on March 25, 2025, 2026, and 2027, subject to continued service.