Frontdoor CEO reports RSU grant and share withholding
Frontdoor, Inc. CEO William C. Cobb reported routine equity compensation activity.
Rhea-AI Filing Summary
Frontdoor, Inc. CEO William C. Cobb reported routine equity compensation activity. On March 30, 2026, he received a grant of 61,521 restricted stock units, each economically equivalent to one share of common stock, vesting in three equal installments on March 30, 2027, 2028 and 2029, subject to continued service.
On March 31, 2026, he exercised 28,048 restricted stock units, converting them into the same number of common shares, and 12,229 common shares were withheld at $51.95 per share to cover tax liabilities tied to this vesting. After these transactions, he held 184,335 shares of common stock directly, 56,096 restricted stock units directly, and 15,000 shares indirectly through the William & Carole Cobb 2000 Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,048 shares exercised/converted
Exercise
5 txns
Insider
COBB WILLIAM C
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 28,048 | $0.00 | $0.00 |
| Exercise | Common Stock | 28,048 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,229 | $51.95 | $635K |
| Grant/Award | Restricted Stock Units | 61,521 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 117,617 contracts (Direct);
Common Stock — 184,335 shares (Direct);
Common Stock — 15,000 shares (Indirect, William & Carole Cobb 2000 Trust)
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 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.
- F4. 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
New RSU grant: 61,521 units
RSUs exercised: 28,048 units
Shares withheld for taxes: 12,229 shares at $51.95
+3 more
6 metrics
New RSU grant
61,521 units
Granted March 30, 2026; three equal annual installments in 2027–2029
RSUs exercised
28,048 units
Converted into 28,048 common shares on March 31, 2026
Shares withheld for taxes
12,229 shares at $51.95
Tax-withholding disposition on March 31, 2026 from RSU vesting
Direct common shares after transactions
184,335 shares
Direct ownership following March 31, 2026 transactions
Direct RSU holdings after transactions
56,096 units
Restricted stock units directly held after reported activity
Indirect trust holdings
15,000 shares
Common stock held via William & Carole Cobb 2000 Trust
Key Terms
Restricted Stock Units, tax-withholding disposition, economic equivalent, vesting and settlement, +1 more
5 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-withholding disposition financial
"Reflects shares withheld to cover the Reporting Person's tax liability incident to the vesting of restricted stock units."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
economic equivalent financial
"Each unit is the economic equivalent of one share of the Company's stock."
vesting and settlement financial
"The restricted stock units were granted on March 30, 2026 and will vest and settle in three equal installments"
indirect ownership financial
"Common Stock ... indirect ... William & Carole Cobb 2000 Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity compensation did FTDR CEO William C. Cobb receive in this Form 4?
William C. Cobb received a grant of 61,521 restricted stock units on March 30, 2026. Each unit equals one common share and will vest in three equal annual installments starting March 30, 2027, subject to his continued service with Frontdoor.
How do the new restricted stock units for FTDR’s CEO vest over time?
The 61,521 restricted stock units granted on March 30, 2026 vest and settle in three equal installments on March 30, 2027, 2028 and 2029. Vesting is conditioned on Cobb’s continued service with Frontdoor through each scheduled vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
