Fortune Brands Innovations (NYSE: FBIN) EVP sells 600 shares, holds 10,250
Rhea-AI Filing Summary
Fortune Brands Innovations, Inc. executive Matthew Edward Novak, EVP and Chief Supply Chain, reported a sale of 600 shares of common stock on 2026-08-07 at $51.13 per share in a non-derivative transaction. After this sale, he reports holding 10,250 shares directly, including 8,453 restricted stock units that have not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 600 shares
Net Sell
1 txn
Insider
Novak Matthew Edward
Role
EVP, Chief Supply Chain
Sold
600 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, Par Value $0.01 F1 | 600 | $51.13 | $31K |
Holdings After Transaction:
Common Stock, Par Value $0.01 — 10,250 shares (Direct)
Footnotes (1)
- F1. Includes a total of 8,453 restricted stock units that have not yet vested.
Key Figures
Shares sold: 600 shares
Sale price: $51.13 per share
Shares held after transaction: 10,250 shares
+1 more
4 metrics
Shares sold
600 shares
Non-derivative sale on 2026-08-07
Sale price
$51.13 per share
Common stock sale on 2026-08-07
Shares held after transaction
10,250 shares
Direct holdings following sale
Unvested RSUs included
8,453 restricted stock units
Part of post-transaction reported holdings
Key Terms
restricted stock units, non-derivative, Sale in open market or private transaction
3 terms
restricted stock units financial
"Includes a total of 8,453 restricted stock units that have not yet vested."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-derivative financial
"transaction_type": "non-derivative""
Sale in open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FBIN executive Matthew Edward Novak report?
Matthew Edward Novak reported a sale of 600 shares of Fortune Brands Innovations, Inc. common stock on 2026-08-07 at $51.13 per share in a non-derivative transaction.
Was the FBIN Form 4 transaction by Matthew Edward Novak a buy or a sell?
The Form 4 reports a sale by Matthew Edward Novak. He sold 600 shares of Fortune Brands Innovations, Inc. common stock at $51.13 per share in an open market or private transaction.
What portion of Matthew Edward Novak’s FBIN holdings are unvested restricted stock units?
Of Matthew Edward Novak’s reported 10,250 shares, the footnote states that 8,453 are restricted stock units that have not yet vested, indicating a significant part of his position consists of unvested equity awards.
Does the FBIN Form 4 indicate derivative or planned trades for Matthew Edward Novak?
The Form 4 reports a non-derivative sale of common stock and shows no derivative transactions. The Rule 10b5-1 checkbox is not selected, and there is no footnote stating the sale was under a trading plan.