FTDR.NASDAQFrontdoor, INC

Form 4: Frontdoor Inc. SVP & CFO Jessica P. Ross Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Jessica P. Ross, SVP & CFO of Frontdoor Inc., reports the vesting and subsequent sale of restricted stock units to cover tax liabilities.

Summary

  • Jessica P. Ross, the SVP & CFO of Frontdoor Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On March 25, 2025, 9,390 restricted stock units vested and converted into common stock, and 5,128 shares were withheld to cover tax liabilities at a price of $39.16.
  • Following these transactions, Ross directly owns 11,406 shares of common stock.
  • On March 27, 2025, 10,724 restricted stock units vested and converted into common stock, and 5,789 shares were withheld to cover tax liabilities at a price of $37.75.
  • Following these transactions, Ross directly owns 16,341 shares of common stock.
  • The restricted stock units vest in three equal installments annually, subject to continued service with the company.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of 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 executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • Shareholders are informed about the stock transactions of a key executive.
  • The transactions have a minor impact on the overall shareholding structure.

Key Dates

DateDescription
03/25/2024Restricted stock units were granted and vest and settle in three equal installments on March 25, 2025, 2026 and 2027.
03/27/2023Restricted stock units were granted and vest and settle in three equal installments on March 27, 2024, 2025 and 2026.
03/25/20259,390 restricted stock units vested; 5,128 shares withheld for taxes at $39.16.
03/27/202510,724 restricted stock units vested; 5,789 shares withheld for taxes at $37.75.

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Frontdoor Inc., FTDR, Jessica P. Ross, SVP & CFO

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