Form 4: Frontdoor Inc. Executive Kathryn M. Collins Reports Stock Transactions

Kathryn M. Collins, SVP & Chief Revenue Officer of Frontdoor Inc., reports the vesting and subsequent sale of restricted stock units to cover tax obligations.

Summary

• On March 27, 2024, Kathryn M. Collins, SVP & Chief Revenue Officer of Frontdoor Inc., reported transactions involving Frontdoor's common stock.
• Collins vested 6,309 restricted stock units, which converted into an equal number of common stock shares.
• Simultaneously, Collins disposed of 9,291 shares of common stock.
• 2,843 shares were withheld to cover tax liabilities at a price of $31.69 per share.
• Following these transactions, Collins directly owns 6,448 shares of Frontdoor Inc.
• The restricted stock units were granted on March 27, 2023, and vest in three equal installments on March 27, 2024, 2025, and 2026, contingent upon continued service with the company.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The remaining restricted stock units will vest in two equal installments on March 27, 2025, and March 27, 2026, subject to continued service with the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.

Key Dates