Fortune Brands (FBIN) EVP awarded options and RSUs with multi-year vesting
Rhea-AI Filing Summary
Lee John Dong Gu reported acquisition or exercise transactions in this Form 4 filing.
Fortune Brands Innovations, Inc. executive John Dong Gu Lee, EVP Chief Digital Innovation, reported equity awards from the company. He received 18,306 options to buy common stock under the Long-Term Incentive Plan, all held as direct ownership. The options vest in three equal annual installments beginning on February 28, 2027.
He was also granted 15,273 restricted stock units, consisting of 6,209 units that vest in three equal annual installments and 9,064 units that vest in two equal annual installments. Each restricted stock unit represents a contingent right to receive one share of common stock, subject to continued employment through the applicable vesting dates. Following these grants, he directly owns 62,577 shares of common stock, including 23,533 restricted stock units that have not yet vested.
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