Form 4: Frontdoor Inc. Director Ganesh Balakrishnan Reports Share Acquisition and Disposal
SEC Form 4 Filing
Director Ganesh Balakrishnan reports acquiring and disposing of Frontdoor, Inc. common stock and deferred share equivalents.
Summary
- On May 14, 2025, Director Ganesh Balakrishnan reported a transaction involving Frontdoor, Inc. common stock.
- Balakrishnan acquired 3,317 shares of common stock.
- Balakrishnan also disposed of 11,407 shares of common stock.
- These transactions involved Deferred Share Equivalents (DSEs) issued under the Frontdoor, Inc. 2018 Omnibus Incentive Plan.
- The DSEs are fully vested and will be issued to Balakrishnan at a future date according to their deferral election terms.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction involving common stock and DSEs. |
| 05/16/2025 | Date of signature for the report. |
Keywords
Frontdoor Inc., Ganesh Balakrishnan, Form 4, Director, Share Acquisition, Share Disposal, DSE, Deferred Share Equivalents, Omnibus Incentive Plan, Beneficial Ownership
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