transferPeriod

What does it mean?
This grace period is provided after the successful transfer of a domain name from one registrar to another. If the new registrar deletes the domain name during this period, the registry provides a credit to the registrar for the cost of the transfer.

Should you do something?
This is an informative status set for a limited period or your domain’s transfer to a new registrar. If you did not request to transfer your domain, you should contact your original registrar.

Who can set this status on my domain name?
Your Domain’s Registry