State Street Corporation reports beneficial ownership of 3,594,266 shares of Frontdoor Inc common stock, representing 4.9% of the class. The filing shows shared voting power of 3,288,628 shares and shared dispositive power of 3,594,266, indicating the shares are held in accounts where voting and disposition authority is shared among State Street entities.
The filing lists several State Street Global Advisors subsidiaries as the acquiring/holding entities and includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Frontdoor.
Positive
Transparent disclosure of total beneficial ownership: 3,594,266 shares (4.9% of class)
Clear classification of voting and dispositive powers showing shared authority consistent with advisory/fiduciary arrangements
Identification of subsidiaries (State Street Global Advisors entities) provides clarity about which affiliates hold the securities
Negative
None.
Insights
TL;DR State Street discloses a passive 4.9% stake in Frontdoor, held across advisory/fund entities, which is a non-controlling institutional position.
State Street's Schedule 13G reports 3,594,266 shares beneficially owned with shared voting authority over 3,288,628 shares. The form and the certification indicate a passive, ordinary-course holding rather than an activist intent. For investors this confirms a sizable institutional holding below the 5% threshold that would trigger more aggressive reporting or filing forms.
TL;DR The ownership structure reflects custody/advisory arrangements through State Street Global Advisors entities, signaling client-driven, non-control holdings.
The filing identifies multiple SSGA subsidiaries as the relevant holders, and shows shared voting and dispositive powers consistent with fiduciary/advisory asset management. The explicit certification that shares are not held to influence control underscores a passive posture. This is a standard institutional disclosure and does not indicate governance change at Frontdoor.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
FRONTDOOR INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
35905A109
(CUSIP Number)
06/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
35905A109
1
Names of Reporting Persons
STATE STREET CORPORATION
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,288,628.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,594,266.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,594,266.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
FRONTDOOR INC
(b)
Address of issuer's principal executive offices:
150 PEABODY PLACE SUITE 300 , MEMPHIS, TENNESSEE, 38103
Item 2.
(a)
Name of person filing:
STATE STREET CORPORATION;
(b)
Address or principal business office or, if none, residence:
ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)
Citizenship:
MA
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP No.:
35905A109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
3594266.00
(b)
Percent of class:
4.9 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
3,288,628
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
3,594,266
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
NOT APPLICABLE
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS (JAPAN) CO., LTD. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
NOT APPLICABLE
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
NOT APPLICABLE
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
How many Frontdoor (FTDR) shares does State Street report owning?
State Street reports beneficial ownership of 3,594,266 shares of Frontdoor common stock.
What percentage of FTDR does State Street own according to the filing?
The filing states State Street owns 4.9% of Frontdoor's common stock.
How much voting power does State Street have over FTDR shares?
State Street reports shared voting power of 3,288,628 shares and no sole voting power.
Are these shares held to influence control of Frontdoor (FTDR)?
No. The filing includes a certification that the securities are held in the ordinary course of business and not to change or influence control of the issuer.
Which State Street affiliates are identified as holders in the filing?
The filing lists several State Street Global Advisors entities, including SSGA Funds Management, Inc. and other SSGA affiliates as the relevant subsidiaries.
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