Fortune Brands EVP-CFO granted options, RSUs
Baksht Jonathan reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Baksht Jonathan reported acquisition or exercise transactions in this Form 4 filing.
Fortune Brands Innovations executive Jonathan Baksht, EVP and CFO, reported equity awards that increase his direct holdings. He received 26,724 options under the company’s Long-Term Incentive Plan, which vest in three equal annual installments beginning on February 28, 2027.
He was also awarded 18,128 restricted stock units (RSUs) at no cost, split into two 9,064-share grants that vest over three and two equal annual installments, respectively, subject to continued employment. Following these awards, he holds 41,103 unvested RSUs, each representing a right to receive one share of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Right to Buy) | 26,724 | $0.00 | $0.00 |
| Grant/Award | Common Stock, Par Value $0.01 | 18,128 | $0.00 | $0.00 |
Footnotes (4)
- F1. Reflects a grant of 9,064 restricted stock units awarded to the reporting person that vest in three equal annual installments and a grant of 9,064 restricted stock units awarded to the reporting person that vest in two equal annual installments. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock and vesting is subject to continued employment through the applicable vesting dates.
- F2. Includes a total of 41,103 restricted stock units that have not yet vested.
- F3. Reflects the grant of options under the issuer's Long-Term Incentive Plan.
- F4. The options vest in three equal annual installments beginning on February 28, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FBIN EVP and CFO Jonathan Baksht report?
How many stock options did FBIN grant to Jonathan Baksht in this Form 4?
What restricted stock unit (RSU) awards did FBIN’s CFO receive?
How many unvested restricted stock units does Jonathan Baksht now hold at FBIN?
Are the FBIN equity awards to the CFO direct or indirect ownership?
AI-generated analysis. How Rhea-AI works. Not financial advice.