Shanks Sally J 4

What Happened
Sally J. Shanks, Vice President, Controller & Chief Accounting Officer of Frontdoor, Inc. (FTDR), received two awards on March 30, 2026 totaling 9,228 units: 2,796 and 6,432 derivative units, each reported at $0 per unit. The awards consist of restricted stock units (RSUs) that convert one-for-one into common shares and non‑qualified stock options (per filing footnotes). Reported grant value on the Form 4 is $0 (the grant price is $0); any cash or fair‑value disclosure is not included in the excerpt.

Key Details

• Transaction date: March 30, 2026; Form 4 filed April 1, 2026 (appears timely, within the two-business-day reporting window).
• Grants: 2,796 units and 6,432 units (total 9,228). Reported acquisition price: $0.
• Vesting: Grants were made March 30, 2026 and vest/settle in three equal annual installments on March 30, 2027, 2028 and 2029, subject to continued service. (Footnotes indicate RSUs convert 1:1 to common stock and the other grant are non‑qualified options.)
• Shares owned after transaction: Not specified in the provided excerpt.
• No indication of a 10b5-1 plan, tax‑withholding sale, or late filing in the provided data.

Context

• RSUs: Once vested, RSUs convert into common shares one-for-one; they are a form of compensation rather than an open‑market purchase or sale.
• Options: Non‑qualified stock options give the holder the right to buy shares at a set exercise price (exercise price and whether options are in‑the‑money are not disclosed here).
• These types of grants are routine executive compensation and do not by themselves indicate immediate buying/selling of shares.