Frontdoor (NASDAQ: FTDR) legal chief exercises RSUs; shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontdoor, Inc. senior vice president and chief legal officer Jeffrey Fiarman exercised restricted stock units that converted into a total of 17,287 shares of common stock on March 25 and March 27, 2026. The company withheld 8,012 shares, valued at $59.25 and $55.84 per share, to cover his tax obligations. Following these compensation-related transactions, he directly holds 29,081 shares of Frontdoor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,287 shares exercised/converted
Mixed
6 txns
Insider
Fiarman Jeffrey
Role
SVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,463 | $0.00 | -- |
| Exercise | Common Stock | 9,463 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,386 | $55.84 | $245K |
| Exercise | Restricted Stock Units | 7,824 | $0.00 | -- |
| Exercise | Common Stock | 7,824 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,626 | $59.25 | $215K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 33,467 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 Jeffrey Fiarman?
Frontdoor reported that SVP and Chief Legal Officer Jeffrey Fiarman exercised restricted stock units into 17,287 shares of common stock on March 25 and 27, 2026, with part of the shares withheld to satisfy tax obligations tied to the vesting.
What types of securities did Jeffrey Fiarman exercise in the Frontdoor (FTDR) Form 4?
Fiarman exercised restricted stock units, which are compensation awards that convert one-for-one into common stock upon vesting. On March 25 and 27, 2026, these units converted into common shares, increasing his direct equity position before tax-related share withholdings.