FTDR Form 144 Notice — 9,429 Shares Worth $556,484 Proposed for Sale
Rhea-AI Filing Summary
Frontdoor, Inc. (FTDR) filed a Form 144 notice reporting a proposed sale of 9,429 common shares valued at $556,484.14. The sale is scheduled to be executed approximately on 08/15/2025 through Merrill Lynch on the NASDAQ. The shares were acquired as compensatory stock award vestings from Frontdoor, Inc. on 06/09/2023 (2,982 shares), 03/27/2024 (3,466 shares) and 06/09/2024 (2,981 shares). The filer reports no securities sold in the past three months and signs the notice attesting they do not possess undisclosed material adverse information.
Positive
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Insights
TL;DR Routine insider notice of sale: modest amount from vested awards, executed via a major broker on NASDAQ.
The filing documents a proposed sale of 9,429 shares valued at $556,484.14 to be executed through Merrill Lynch on NASDAQ. The shares originated from three compensatory vesting events in 2023 and 2024, which indicates these are employee/insider holdings being liquidated rather than newly acquired market purchases. The report also states no sales in the past three months, suggesting this is an isolated planned disposition. From a financial perspective, the filing provides clear, transaction-level detail but contains no operational or earnings information to affect valuation models.
TL;DR Filing meets Rule 144 disclosure: sale notice, acquisition history, broker details, and insider attestation are all provided.
The Form 144 includes required elements: class of security, broker name and address, number of shares, aggregate market value, outstanding shares, approximate sale date, and acquisition history with dates and compensatory nature. The filer also attests to lack of undisclosed material adverse information. No sales in the past three months are reported. The notice appears procedurally complete for Rule 144 purposes; there is no indication of trading-plan adoption or other 10b5-1 specifics within the content provided.