Strong support as Frontdoor (NASDAQ: FTDR) holders approve board and pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
On May 13, 2026, Frontdoor, Inc. held its annual meeting of stockholders, with 94.89% of eligible shares represented, providing a strong quorum. Stockholders elected eight directors to one-year terms, each receiving substantially more votes for than against.
They also ratified Deloitte & Touche LLP as independent registered public accounting firm for fiscal 2026 and approved, on an advisory basis, named executive officer compensation. All three management proposals passed with wide margins.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Quorum: 94.89% of shares
Shares represented: 66,545,929 shares
Shares outstanding entitled: 70,126,602 shares
+4 more
7 metrics
Quorum
94.89% of shares
Shares represented at annual meeting on May 13, 2026
Shares represented
66,545,929 shares
Common shares present or by proxy at annual meeting
Shares outstanding entitled
70,126,602 shares
Common shares outstanding and entitled to vote at meeting
Auditor ratification votes for
66,113,326 votes
Support for Deloitte & Touche LLP as 2026 auditor
Say-on-pay votes for
62,347,443 votes
Advisory approval of named executive officer compensation
Director Cobb votes for
62,439,011 votes
Votes for William C. Cobb as director
Director Pelletier votes for
65,019,921 votes
Votes for Liane J. Pelletier as director
Key Terms
quorum, broker non-votes, independent registered public accounting firm, advisory vote
4 terms
quorum financial
"constituting a quorum. At the meeting, the Company’s stockholders"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
broker non-votes financial
"Abstentions | Broker Non-Votes William C. Cobb | 62,439,011 |"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory vote financial
"approved, on an advisory basis, the Company’s named executive officer compensation"
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
FAQ
Were all Frontdoor (FTDR) director nominees elected at the 2026 meeting?
Yes. All eight director nominees, including William C. Cobb and Liane J. Pelletier, were elected for one-year terms. Each nominee received significantly more votes for than against, with broker non-votes recorded but not affecting the election outcomes.