---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-302751"
form_type: "8-K"
ticker: "FTDR"
cik: "0001727263"
company_name: "Frontdoor, Inc."
filed_at: "2022-12-12T23:59:59+00:00"
generated_at: "2026-06-21T06:14:11.857302+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Frontdoor adopts Executive Severance Policy for SVP+ executives effective Jan 1, 2023

## Summary
- Severance for qualifying termination (non-CIC): 1x base salary plus 1x target bonus, paid over 12 months or lump sum at company option.
- Severance for qualifying termination within 2 years of change in control: 2x base salary plus 2x target bonus, paid in lump sum.
- COBRA premium reimbursement for 12 months (non-CIC) or 18 months (CIC); outplacement services also provided.
- Benefits contingent on signing a separation agreement with release of claims and standard restrictive covenants.
- Policy covers SVP and above, including named executive officers; existing agreements with better terms preserved.

## SEC filing metadata
- accession: 0001193125-22-302751
- form_type: 8-K
- ticker: FTDR
- cik: 0001727263
- company_name: Frontdoor, Inc.
- filed_at: 2022-12-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1727263/000119312522302751/0001193125-22-302751-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1727263/000119312522302751/d408732d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-302751
- JSON: https://secwatch.observer/filing/0001193125-22-302751.json
- Plain text: https://secwatch.observer/filing/0001193125-22-302751.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
