Frontdoor CTO reports RSU vesting and tax withholding
Frontdoor, Inc. SVP & Chief Technology Officer Ganesh Balakrishnan reported equity transactions on July 14, 2026.
Rhea-AI Filing Summary
Frontdoor, Inc. SVP & Chief Technology Officer Ganesh Balakrishnan reported equity transactions on July 14, 2026. A total of 10,055 restricted stock units granted on July 14, 2025 vested and converted into common stock, and 4,499 shares were withheld at $74.79 per share to satisfy tax liabilities.
The RSU awards convert into common stock on a one-for-one basis and are scheduled to vest and settle in equal installments on July 14, 2026, 2027 and 2028 for one grant, and on July 14, 2026 and 2027 for another, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,055 shares exercised/converted
Exercise
6 txns
Insider
Ganesh Balakrishnan A
Role
SVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 5,746 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 4,309 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,746 | -- | -- |
| Tax Withholding | Common Stock F2 | 2,571 | $74.79 | $192K |
| Exercise | Common Stock F1 | 4,309 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,928 | $74.79 | $144K |
Holdings After Transaction:
Restricted Stock Units — 15,802 contracts (Direct);
Common Stock — 16,963 shares (Direct)
Footnotes (4)
- 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 July 14, 2025 and vest and settle in three equal installments on July 14, 2026, 2027 and 2028, subject to continued service with the Company.
- F4. Each unit is the economic equivalent of one share of the Company's stock. The restricted stock units were granted on July 14, 2025 and vest and settle in two equal installments on July 14, 2026 and 2027, subject to continued service with the Company.
Key Figures
RSUs vested into common stock: 10,055 shares
Shares withheld for taxes: 4,499 shares
Tax-withholding share value: $74.79 per share
+4 more
7 metrics
RSUs vested into common stock
10,055 shares
Restricted stock units converting to Frontdoor common stock on July 14, 2026
Shares withheld for taxes
4,499 shares
Common shares withheld to cover tax liability from RSU vesting
Tax-withholding share value
$74.79 per share
Value applied to shares withheld for the reporting person’s tax obligations
First RSU vesting tranche
4,309 units
Restricted stock units converting into common stock on a one-for-one basis
Second RSU vesting tranche
5,746 units
Additional restricted stock units converting into common stock on a one-for-one basis
Three-installment RSU grant
3 installments
Grant vesting in equal installments on July 14, 2026, 2027 and 2028
Two-installment RSU grant
2 installments
Grant vesting in equal installments on July 14, 2026 and 2027
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"
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"
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 July 14, 2025 and vest and settle in equal installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity activity did Frontdoor (FTDR) executive Ganesh Balakrishnan report?
Ganesh Balakrishnan reported 10,055 restricted stock units vesting into Frontdoor common stock. In connection with this vesting, 4,499 shares of common stock were withheld at $74.79 per share to satisfy tax liabilities rather than being sold on the open market.
How many Frontdoor (FTDR) RSUs vested and converted to common stock?
A total of 10,055 restricted stock units vested and converted into Frontdoor common stock. These units represent compensation awards that settled in shares, increasing the executive’s direct equity exposure before accounting for the separate tax-withholding share reductions.
What is the vesting schedule of the Frontdoor (FTDR) RSU grants?
Two RSU grants made on July 14, 2025 are described. One vests and settles in three equal installments on July 14 of 2026, 2027 and 2028, while the other vests in two equal installments on July 14 of 2026 and 2027, subject to continued service.
How do Frontdoor (FTDR) restricted stock units convert into common stock?
Each restricted stock unit is described as the economic equivalent of one common share. Upon vesting, the RSUs convert into shares of Frontdoor common stock on a one-for-one basis, with a portion of the resulting shares potentially withheld to cover applicable tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
