Frontdoor (FTDR) CAO gains 836 shares as RSUs vest, 258 for tax
Rhea-AI Filing Summary
Frontdoor, Inc. (FTDR) reported an insider equity transaction by Sally J. Shanks, VP, Controller & CAO. On August 25, 2026, 836 Restricted Stock Units vested and converted into the same number of shares of common stock. Of these, 258 shares were withheld at $82.75 per share to cover Ms. Shanks’ tax liability related to the vesting. The RSUs were part of an award granted on August 25, 2025 that vests in two equal installments on August 25, 2026 and 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 578 shares
Net Buy
3 txns
Insider
Shanks Sally J
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 836 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 836 | -- | -- |
| Tax Withholding | Common Stock F2 | 258 | $82.75 | $21K |
Holdings After Transaction:
Restricted Stock Units — 837 shares (Direct);
Common Stock — 578 shares (Direct)
Footnotes (3)
- F1. Reflects restricted stock units that upon vesting convert into shares of common stock on a one-for-one basis.
- F2. Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units.
- F3. Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on August 25, 2025 and vest and settle in two equal installments on August 25, 2026 and 2027, subject to continued service witht the Company.
Key Figures
RSUs vested and converted: 836 shares
Shares withheld for taxes: 258 shares
Tax withholding price: $82.75 per share
+3 more
6 metrics
RSUs vested and converted
836 shares
Restricted Stock Units converting into common stock on August 25, 2026
Shares withheld for taxes
258 shares
Common stock withheld to cover tax liability on RSU vesting
Tax withholding price
$82.75 per share
Value used for shares withheld to satisfy tax liability
RSU award grant date
August 25, 2025
Grant date for Restricted Stock Units that vest in 2026 and 2027
RSU vesting schedule
Two equal installments in 2026 and 2027
RSUs vest and settle on August 25, 2026 and August 25, 2027
Derivative exercises
1 transaction, 836 shares
Exercise or conversion of derivative security (RSUs) reported in this Form 4
Key Terms
Restricted Stock Units, economic equivalent, tax liability, derivative security
4 terms
Restricted Stock Units financial
"Reflects restricted stock units that upon vesting convert into shares"
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"
tax liability financial
"Reflects shares withheld to cover the Reporting Person's tax liability"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did FTDR executive Sally J. Shanks report on this Form 4?
Sally J. Shanks reported the vesting and conversion of 836 Restricted Stock Units into common stock of Frontdoor, Inc. (FTDR) on August 25, 2026, followed by the withholding of 258 shares to satisfy her tax liability arising from that vesting event.
What are the key terms of the FTDR Restricted Stock Units held by Sally J. Shanks?
Each Restricted Stock Unit is the economic equivalent of one FTDR share. The RSUs were granted on August 25, 2025 and are scheduled to vest and settle in two equal installments on August 25, 2026 and August 25, 2027, subject to continued service.
Was the FTDR Form 4 transaction by Sally J. Shanks made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false). The reported transactions reflect RSU vesting and related tax-withholding, rather than open-market trading under a pre-arranged Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
