Form 4: Frontdoor Inc. Executive Chastitie Brim Reports Stock Transactions
SEC Form 4 Filing
Chastitie Brim, VP, Controller & CAO of Frontdoor Inc., reports the vesting and disposal of restricted stock units and related transactions.
Summary
- Chastitie Brim, a VP, Controller & CAO at Frontdoor Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 25, 2025, 2,087 restricted stock units vested and converted into common stock.
- Also on March 25, 2025, 780 shares were disposed of to cover tax obligations at a price of $39.16 per share.
- On March 27, 2025, 1,419 restricted stock units vested and converted into common stock.
- Additionally, on March 27, 2025, 530 shares were disposed of to cover tax obligations at a price of $37.75 per share.
- Following these transactions, Brim directly owns 13,775 shares of Frontdoor Inc. common stock and 1,419 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard SEC filing related to executive stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives regarding their holdings in the company.
Key Dates
| Date | Description |
|---|---|
| March 25, 2024 | Date restricted stock units were granted, vesting in three equal installments on March 25, 2025, 2026 and 2027. |
| December 31, 2024 | Date of acquisition of 38 shares under the Employee Stock Purchase Plan. |
| March 25, 2025 | Date of vesting of 2,087 restricted stock units and disposal of 780 shares. |
| March 27, 2023 | Date restricted stock units were granted, vesting in three equal installments on March 27, 2024, 2025 and 2026. |
| March 27, 2025 | Date of vesting of 1,419 restricted stock units and disposal of 530 shares. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Frontdoor Inc., FTDR, Insider Trading
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