Director at Fortune Brands (NYSE: FBIN) awarded 4,191 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MACKAY A D DAVID reported acquisition or exercise transactions in this Form 4 filing.
Fortune Brands Innovations, Inc. director David A. D. Mackay received a grant of 4,191 shares of common stock on May 5, 2026 under the company’s Long-Term Incentive Plan. This is a stock award, not an open-market purchase. Following the grant, he directly owns 29,509 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MACKAY A D DAVID
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $0.01 | 4,191 | $0.00 | -- |
Holdings After Transaction:
Common Stock, Par Value $0.01 — 29,509 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock grant: 4,191 shares
Price per share: $0.00 per share
Shares owned after grant: 29,509 shares
+1 more
4 metrics
Stock grant
4,191 shares
Common Stock granted on May 5, 2026
Price per share
$0.00 per share
Reported grant price on Form 4
Shares owned after grant
29,509 shares
Direct holdings following transaction
Transaction code
A
Grant, award, or other acquisition
Key Terms
Long-Term Incentive Plan, Form 4, Common Stock, Par Value $0.01, Grant, award, or other acquisition
4 terms
Long-Term Incentive Plan financial
"Reflects a grant of stock under the Issuer's Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock, Par Value $0.01 financial
"security_title": "Common Stock, Par Value $0.01""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did FBIN director David Mackay report on this Form 4?
David A. D. Mackay reported receiving 4,191 shares of Fortune Brands Innovations common stock as a stock grant. The shares were awarded under the company’s Long-Term Incentive Plan, meaning this was compensation-related, not an open-market purchase or sale of shares by the director.
Was the FBIN Form 4 transaction a stock purchase or a grant to the director?
The Form 4 shows a stock grant, not a market purchase. David A. D. Mackay acquired 4,191 shares at a stated price of $0.00 per share as an award under Fortune Brands Innovations’ Long-Term Incentive Plan, reflecting equity compensation rather than a trading decision.
What is the significance of the $0.00 price on David Mackay’s FBIN stock grant?
The reported $0.00 price indicates the shares were awarded as compensation, not bought on the open market. Under the Long-Term Incentive Plan, the company grants shares to the director without a cash payment per share, aligning compensation with Fortune Brands Innovations’ stock performance over time.