Fortune Brands (NYSE: FBIN) SVP gets new stock, options awards
Rhea-AI Filing Summary
Ries Karen reported acquisition or exercise transactions in this Form 4 filing.
Fortune Brands Innovations, Inc. senior vice president and chief accounting officer Karen Ries received new equity awards as part of her compensation. She was granted 3,675 options to buy common stock at a later date and 1,246 restricted stock units, each representing one future share of common stock.
The restricted stock units vest in three equal annual installments, subject to her continued employment. The options were granted under the company’s Long-Term Incentive Plan and vest in three equal annual installments beginning on February 28, 2027. Following these awards, she directly holds 5,170 shares of common stock, including 3,745 restricted stock units that have not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Right to Buy) | 3,675 | $0.00 | $0.00 |
| Grant/Award | Common Stock, Par Value $0.01 | 1,246 | $0.00 | $0.00 |
Footnotes (4)
- F1. Reflects the grant of restricted stock units awarded to the reporting person that vest in three equal annual installments, subject to continued employment through such vesting dates. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F2. Includes a total of 3,745 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
What did FBIN executive Karen Ries receive in this Form 4 filing?
How many stock options were granted to FBIN executive Karen Ries?
What restricted stock units were reported for FBIN’s Karen Ries?
When do Karen Ries’s FBIN stock options begin vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.