What are Deferred Share Equivalents in the context of Frontdoor (FTDR)?

Deferred Share Equivalents are fully vested units issued under the Frontdoor 2018 Omnibus Incentive Plan. They track the value of common stock, with actual shares delivered at a future date according to the reporting person’s deferral election choices.

Frontdoor (FTDR) director receives 2,836 deferred share units as grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Clipper Christopher L reported acquisition or exercise transactions in this Form 4 filing.

Frontdoor, Inc. director Christopher L. Clipper received an award of 2,836 Deferred Share Equivalents tied to common stock at a stated price of $0.00 per share. These DSEs are fully vested, and the underlying shares will be delivered at a future date under his deferral election. After this grant, he holds 23,391 shares directly, making this a routine compensation-related equity award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Clipper Christopher L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,836	$0.00	--

Holdings After Transaction: Common Stock — 23,391 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 2,836 shares Grant price: $0.00 per share Total shares after transaction: 23,391 shares

3 metrics

Shares granted 2,836 shares Deferred Share Equivalents granted on May 13, 2026

Grant price $0.00 per share Compensation award, not an open-market purchase

Total shares after transaction 23,391 shares Direct holdings following reported grant

Key Terms

Deferred Share Equivalents, 2018 Omnibus Incentive Plan, deferral election

3 terms

2018 Omnibus Incentive Plan financial

"DSEs were issued pursuant to the Frontdoor, Inc. 2018 Omnibus Incentive Plan."

deferral election financial

"shares subject to the DSEs will be issued at a future date in accordance with the Reporting Person's deferral election."

Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 04:11 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Clipper Christopher L

(Last)

(First)

(Middle)

3400 PLAYERS CLUB PARKWAY

(Street)

MEMPHIS

TENNESSEE

38125

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Frontdoor, Inc. [ FTDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/13/2026		A		2,836⁽¹⁾	A	$0	23,391	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Deferred Share Equivalents ("DSEs") were issued pursuant to the Frontdoor, Inc. 2018 Omnibus Incentive Plan. These DSEs are fully vested, and the shares subject to the DSEs will be issued to the Reporting Person at a future date in accordance with the terms of the Reporting Person's deferral election.

	/s/ Stephanie Delavale, as Attorney-In-Fact for Christopher L. Clipper	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Frontdoor (FTDR) director Christopher L. Clipper report on this Form 4?

Christopher L. Clipper reported receiving 2,836 Deferred Share Equivalents tied to Frontdoor common stock. The award was granted at a stated price of $0.00 per share and represents compensation, not an open-market stock purchase or sale.

Is the Form 4 transaction for Frontdoor (FTDR) a stock buy or sell?

The Form 4 shows an acquisition through a grant, not a market trade. Clipper received 2,836 Deferred Share Equivalents as a compensation award, classified under code A for grant or award, with no shares bought or sold in the open market.

How many Frontdoor (FTDR) shares does Christopher L. Clipper hold after this grant?

Following the grant, Clipper holds 23,391 shares directly. This total includes the impact of the 2,836 Deferred Share Equivalents reported in the filing, giving investors a snapshot of his post-transaction equity position in Frontdoor.

Was cash paid for the Frontdoor (FTDR) shares in this Form 4 transaction?

No cash changed hands in this transaction. The Form 4 shows a grant of 2,836 Deferred Share Equivalents at a stated price of $0.00 per share, indicating a compensation award rather than a purchase requiring payment.