8-K
0001727263false00017272632026-06-292026-06-29

 

 

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

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 29, 2026

 

 

Frontdoor, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-38617

82-3871179

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

3400 Players Club Parkway,

 

Memphis, Tennessee

 

38125

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 901 701-5000

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common stock, par value $0.01 per share

 

FTDR

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 29, 2026, the Board of Directors (the “Board”) of Frontdoor, Inc. (the “Company”) unanimously elected Hilla Sferruzza as a director of the Company, and appointed her as a member of the Audit Committee of the Board, effective immediately. Ms. Sferruzza is the Executive Vice President and Chief Financial Officer of Meritage Homes (NYSE: MTH), a real estate development company that constructs energy-efficient and affordable entry-level and first move-up homes. Ms. Sferruzza will stand for re-election at the Company’s 2027 annual meeting of stockholders.

There were no arrangements or understandings pursuant to which Ms. Sferruzza was elected as a director. The Board has affirmatively determined, under Nasdaq listing standards and the Company’s Corporate Governance Guidelines, that Ms. Sferruzza is “independent.”

Ms. Sferruzza will receive the Company’s standard compensation provided to all of the Company’s non-employee directors for service on the Board, which is currently $90,000 per annum, payable quarterly in cash, and $180,000 per annum, payable in shares of fully vested common stock of the Company, par value per $0.01 share (the “Shares”), issued under the Company’s 2018 Omnibus Incentive Plan annually at the time of the annual meeting of stockholders unless the director has elected to defer the receipt of the Shares to a point in the future. Ms. Sferruzza will also receive the Company’s standard compensation provided to all members of the Audit Committee of the Board, which is currently $12,500 per annum, payable quarterly in cash. The initial cash amount payable to Ms. Sferruzza will be prorated with respect to fiscal year 2026 based on her time of service on the Board and the Audit Committee. The initial grant of Shares payable to Ms. Sferruzza will be prorated from the commencement of her time of service on the Board to the date of the first anniversary of the Company’s 2026 annual meeting of stockholders.

Item 7.01 Regulation FD Disclosure.

A press release announcing the election of Ms. Sferruzza as a director, as described above, is attached as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit No.

 

 

 

Description of Exhibit

 

99.1

 

Press Release of Frontdoor, Inc., dated June 29, 2026

104

 

The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

FRONTDOOR, INC.

 

 

 

 

 




Dated: June 29, 2026

 

 

By:




/s/ Jeffrey A. Fiarman

 

 

 

Name: Jeffrey A. Fiarman
Title: Senior Vice President and Chief Legal Officer

 


Frontdoor Names Finance and Real Estate Executive
Hilla Sferruzza to Board of Directors

Executive brings extensive finance and accounting expertise and deep knowledge of real estate and operational best practices

 

MEMPHIS, Tenn. — (June 29, 2026)Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home warranties and new home builder warranties, today announced that it expanded its board to nine and unanimously approved the election of Hilla Sferruzza as a director, effective today. Sferruzza will also serve on the Audit Committee.

 

“We are thrilled to welcome Hilla to Frontdoor’s board,” said Bill Cobb, Frontdoor’s Chairman and Chief Executive Officer. “Hilla will further enhance the financial, real estate and operational expertise of the Board. She brings over 30 years of extensive public company finance, accounting, investor relations, mergers & acquisitions, and strategic planning experience and know-how, as well as possessing a deep and strong understanding of the real estate market and the residential construction industry.”

 

Since 2016, Sferruzza has served as the Executive Vice President and Chief Financial Officer for Meritage Homes Corporation (“Meritage”), a real estate development company that constructs energy-efficient and affordable entry-level and first move-up homes (NYSE: MTH). Sferruzza joined Meritage in 2006, having served as the Chief Accounting Officer from 2010 to 2021, as Corporate Controller from 2010 to 2015 and, prior to 2010, in various accounting, finance and financial reporting management roles.

“I am very excited to join the Frontdoor board,” Sferruzza said. “I look forward to working closely with the company’s executive leadership and my fellow Board members to help take Frontdoor to the next level. I’m thrilled to be able to contribute to Frontdoor’s continued and future business success.”

 

Prior to Meritage, Sferruzza worked in various leadership positions at KPMG and Starwood Hotels and Resorts Worldwide, Inc.

A Certified Public Accountant in the state of Arizona, Sferruzza received her Executive Masters of Business Administration from Washington State University and her Bachelor of Science in Business Administration from the University of Arizona. She serves as a member of the Arizona State University’s W.P. Carey School of Business Dean’s Council and Finance Advisory Board.

Sferruzza will stand for re-election at the company’s 2027 annual meeting of stockholders.

 

About Frontdoor

Frontdoor and its family of brands are on a mission to make life easier for every homeowner through innovative technology and quality customer service. With over 55 years of experience, we are the leading provider of home warranties in the United States, handling approximately 3.8 million service requests for more than 2.1 million members through a network of approximately 17,000 qualified and independent service contractors. We also offer new home builder warranty solutions, which deliver value to both builders and homeowners through a suite of builder warranty products and support services.

 

Our customizable home warranties are annual service plan agreements that cover the repair or replacement for breakdowns due to normal wear and tear of major components. We cover up to 29 home systems and appliances, including electrical, plumbing, HVAC systems, water heaters, refrigerators, dishwashers and ranges/ovens/cooktops, as well as optional coverages for pools, spas and pumps. Our home warranties provide peace of mind, budget protection, convenience, repair expertise and service guarantee. Our non-warranty services provide homeowners greater value through replacement and upgrade programs, as well as other home maintenance offerings.

 

Our 2-10 new home builder warranty solutions offer flexible builderbacked and insurancebacked warranty options covering workmanship, home distribution systems and structural components.

 

Frontdoor family of brands include American Home Shield, HSA, OneGuard, Landmark and 2-10 HBW brands. For more information about Frontdoor, Inc., please visit frontdoorhome.com.

 

 

Forward Looking Statements


This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions, and other important factors. Readers are cautioned not to put undue reliance on such forward-looking statements, because actual results may vary materially from those expressed or implied. The reports filed by Frontdoor pursuant to United States securities laws contain discussions of these risks and uncertainties. Frontdoor assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are advised to review Frontdoor's filings with the United States Securities and Exchange Commission (which are available on the SEC's EDGAR database at www.sec.gov and via Frontdoor’s website at investors.frontdoorhome.com).

Investor Relations:
Matt Davis
901.701.5199
[email protected]

Media:
Alison Bishop
901.701.5198
[email protected]