Fortune Brands Innovations (FBIN) CEO Fink receives 58,321 vested shares
Rhea-AI Filing Summary
Fortune Brands Innovations, Inc. Chief Executive Officer and director Nicholas I. Fink reported acquiring 58,321 shares of common stock on February 10, 2026. The shares reflect the vesting of performance share awards for the January 2023 to December 2025 period under the company’s Long-Term Incentive Plan and were recorded at a price of $0 per share, indicating no cash purchase.
After this vesting, Fink directly beneficially owns 187,467 shares of common stock, which include 60,964 restricted stock units that have not yet vested. He also has indirect beneficial ownership of additional shares held by various trusts, including 11,671 shares held by trusts for the benefit of heirs and 160,444 shares held across 2025 Grantor Retained Annuity Trusts.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $0.01 | 58,321 | $0.00 | $0.00 |
| holding | Common Stock, Par Value $0.01 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 | -- | -- | -- |
Footnotes (3)
- F1. Reflects the vesting of performance share awards for the January 2023 to December 2025 performance period under the issuer's Long-Term Incentive Plan in a transaction that is exempt under Rule 16b-3(d).
- F2. Includes a total of 60,964 restricted stock units that have not yet vested.
- F3. The number of shares reported reflects a scheduled annuity distribution of 32,007 shares from the 2023 Grantor Annuity Trust to Mr. Fink on November 7, 2025, such transfer being exempt under Rule 16b-13.
FAQ
What insider transaction did Fortune Brands Innovations (FBIN) CEO Nicholas Fink report?
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