Director Brendan Foley receives stock grant at Fortune Brands (NYSE: FBIN)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foley Brendan M reported acquisition or exercise transactions in this Form 4 filing.
Fortune Brands Innovations, Inc. director Brendan M. Foley received a grant of 4,191 shares of common stock on May 5, 2026. The shares were issued at a reported price of $0.00 per share under the company’s Long-Term Incentive Plan, indicating compensation rather than a market purchase. Following this grant, Foley directly owns 6,725 shares of Fortune Brands Innovations common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foley Brendan M
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 — 6,725 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 4,191 shares
Grant price per share: $0.00 per share
Shares owned after grant: 6,725 shares
3 metrics
Shares granted
4,191 shares
Grant of common stock on May 5, 2026
Grant price per share
$0.00 per share
Reported transaction price for awarded shares
Shares owned after grant
6,725 shares
Direct holdings following the Form 4 transaction
Key Terms
Long-Term Incentive Plan, Grant, award, or other acquisition, Common Stock, Par Value $0.01
3 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock, Par Value $0.01 financial
"security_title: Common Stock, Par Value $0.01"
FAQ
What did Brendan M. Foley report in this Fortune Brands (FBIN) Form 4?
Brendan M. Foley reported receiving 4,191 shares of Fortune Brands Innovations common stock as a grant. The shares were awarded as compensation under the company’s Long-Term Incentive Plan, rather than bought on the open market, and increased his direct holdings to 6,725 shares.
Was the Fortune Brands (FBIN) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not a purchase. Foley received 4,191 shares at a reported price of $0.00 per share, classified as a “Grant, award, or other acquisition” under the issuer’s Long-Term Incentive Plan, reflecting equity-based compensation.
What is the transaction code used in this Fortune Brands (FBIN) Form 4?
The Form 4 uses transaction code “A,” which represents a grant, award, or other acquisition. In this case, 4,191 shares of common stock were granted to Brendan M. Foley at a reported price of $0.00 per share as part of equity compensation.
Is Brendan M. Foley’s Fortune Brands (FBIN) stock grant part of a compensation plan?
Yes. A footnote explains the 4,191-share grant reflects stock issued under Fortune Brands Innovations’ Long-Term Incentive Plan. This indicates the shares are equity compensation awarded to director Brendan M. Foley, rather than shares acquired through open-market buying or selling.
Does the Fortune Brands (FBIN) Form 4 indicate any stock sales by Brendan M. Foley?
No stock sales are reported in this Form 4. The filing only discloses an acquisition of 4,191 shares via a stock grant, raising Foley’s direct holdings to 6,725 shares of Fortune Brands Innovations common stock, with no dispositions listed in the transaction summary.