Frontdoor VP granted RSUs and stock options
Frontdoor, Inc. reported that VP, Controller & CAO Sally J. Shanks received new equity compensation awards.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Frontdoor, Inc. reported that VP, Controller & CAO Sally J. Shanks received new equity compensation awards. She was granted 2,796 restricted stock units, each economically equivalent to one share of common stock, and 6,432 non-qualified stock options with a $53.64 exercise price.
Both the restricted stock units and the options were granted on March 30, 2026 and will vest in three equal annual installments on March 30 of 2027, 2028 and 2029, subject to her continued service with the company.
Insider Trade Summary
Grant/Award: 9,228 shares
Grant/Award
2 txns
Insider
Shanks Sally J
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,796 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Options (Right to Buy) | 6,432 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,796 contracts (Direct);
Employee Stock Options (Right to Buy) — 6,432 contracts (Direct)
Footnotes (3)
- F1. Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis.
- F2. 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.
- F3. Non-qualified stock options granted on March 30, 2026 will vest and settle in three equal installments on March 30, 2027, 2028 and 2029, subject to continued service with the Company.
Key Figures
Restricted stock units granted: 2,796 units
Stock options granted: 6,432 options
Option exercise price: $53.64 per share
+5 more
8 metrics
Restricted stock units granted
2,796 units
Granted March 30, 2026; each converts into one share
Stock options granted
6,432 options
Non-qualified options granted March 30, 2026
Option exercise price
$53.64 per share
Conversion or exercise price for 6,432 options
RSU vesting schedule
3 equal installments
Vesting on March 30, 2027, 2028 and 2029
Option vesting schedule
3 equal installments
Vesting on March 30, 2027, 2028 and 2029
Option expiration date
March 30, 2036
Expiration of non-qualified stock options
RSUs held after grant
2,796 units
Total restricted stock units following transaction
Options held after grant
6,432 options
Total non-qualified options following transaction
Key Terms
Restricted Stock Units, economic equivalent, Non-qualified stock options, exercise price, +1 more
5 terms
Restricted Stock Units financial
"Reflects restricted stock units that upon vesting convert into shares of common stock"
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.
economic equivalent financial
"Each unit is the economic equivalent of one share of the Company's stock"
Non-qualified stock options financial
"Non-qualified stock options granted on March 30, 2026 will vest and settle"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
exercise price financial
"conversion_or_exercise_price: "53.6400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"will vest and settle in three equal installments on March 30, 2027, 2028 and 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FTDR executive Sally Shanks report?
Sally J. Shanks reported equity compensation awards, not open-market trades. She received 2,796 restricted stock units and 6,432 non-qualified stock options, both granted on March 30, 2026, as part of her compensation package at Frontdoor, Inc.
How many restricted stock units did FTDR grant to Sally Shanks?
Frontdoor, Inc. granted Sally Shanks 2,796 restricted stock units. Each unit is economically equivalent to one share of common stock and will convert into shares on a one-for-one basis as the awards vest over the specified schedule.
What are the key terms of Sally Shanks’ stock options at Frontdoor (FTDR)?
Sally Shanks received 6,432 non-qualified stock options with a $53.64 exercise price. These options were granted on March 30, 2026 and will vest in three equal annual installments, expiring on March 30, 2036 if not exercised earlier.
When will the FTDR restricted stock units and options granted to Sally Shanks vest?
The restricted stock units and options will vest in three equal installments. Vesting is scheduled for March 30, 2027, March 30, 2028 and March 30, 2029, and each installment is subject to Sally Shanks’ continued service with Frontdoor.
AI-generated analysis. How Rhea-AI works. Not financial advice.
