Frontdoor (FTDR) legal chief gains RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frontdoor, Inc. executive Jeffrey Fiarman, SVP & Chief Legal Officer, reported routine equity compensation activity. On March 31, 2026, 7,012 restricted stock units vested and converted into the same number of common shares on a one-for-one basis. To cover related tax obligations, 3,250 common shares were withheld at a price of $51.95 per share, leaving Fiarman with 32,843 common shares held directly.
Separately, on March 30, 2026, Fiarman received a grant of 14,914 restricted stock units, each economically equivalent to one share of Frontdoor stock. These RSUs are scheduled to vest and settle in three equal annual installments on March 30, 2027, 2028 and 2029, subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,012 shares exercised/converted
Mixed
4 txns
Insider
Fiarman Jeffrey
Role
SVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,012 | $0.00 | -- |
| Exercise | Common Stock | 7,012 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,250 | $51.95 | $169K |
| Grant/Award | Restricted Stock Units | 14,914 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 14,024 shares (Direct);
Common Stock — 36,093 shares (Direct)
Footnotes (1)
- Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis. Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units. Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 30, 2026 and will vest and settle in three equal installments on March 30, 2027, 2028 and 2029, subject to continued service with the Company. Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on March 31, 2025 and will vest and settle in three equal installments on March 31, 2026, 2027 and 2028, subject to continued service with the Company.
Key Figures
RSUs vested: 7,012 units
Shares withheld for taxes: 3,250 shares
Withholding price: $51.95 per share
+3 more
6 metrics
RSUs vested
7,012 units
Restricted stock units converting into common stock on March 31, 2026
Shares withheld for taxes
3,250 shares
Common shares withheld to cover tax liability from RSU vesting
Withholding price
$51.95 per share
Value used for tax-withholding disposition of 3,250 shares
New RSU grant
14,914 units
Restricted stock units granted on March 30, 2026
Common shares held
32,843 shares
Direct Frontdoor common stock holdings after transactions
RSU vesting schedule
3 annual installments
New RSUs vest on March 30, 2027, 2028 and 2029
Key Terms
Restricted Stock Units, tax liability, economic equivalent, vest and settle
4 terms
Restricted Stock Units financial
"Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units."
economic equivalent financial
"Each unit is the economic equivalent of one share of the Company's stock."
vest and settle financial
"The restricted stock units were granted on March 30, 2026 and will vest and settle in three equal installments on March 30, 2027, 2028 and 2029"
FAQ
What insider transactions did Frontdoor (FTDR) report for Jeffrey Fiarman?
Jeffrey Fiarman reported vesting of 7,012 restricted stock units into common shares and a grant of 14,914 new restricted stock units. Additionally, 3,250 shares were withheld to cover taxes related to the RSU vesting.
What are the terms of the 14,914 restricted stock units granted to Frontdoor (FTDR) executive Jeffrey Fiarman?
Fiarman’s 14,914 restricted stock units were granted on March 30, 2026 and will vest and settle in three equal installments on March 30, 2027, 2028 and 2029, contingent on his continued service with Frontdoor.
How do the vested restricted stock units convert into Frontdoor (FTDR) common stock for Jeffrey Fiarman?
Each restricted stock unit converts into one share of Frontdoor common stock upon vesting. In this filing, 7,012 restricted stock units vested and converted into 7,012 common shares on a one-for-one basis for Jeffrey Fiarman.