Masco director Lisa Payne sells 16,735 shares
Masco director Lisa A. Payne reported open-market sales of a total of 16,735 shares of Masco common stock at a price of $63.66 per share.
Rhea-AI Filing Summary
Masco director Lisa A. Payne reported open-market sales of a total of 16,735 shares of Masco common stock at a price of $63.66 per share. After these transactions, she holds 13,837 shares directly and 1,929 shares indirectly through a trust.
A footnote explains that Payne contributed Masco common stock to an exchange fund in return for shares of that fund, indicating part of the activity reflects a shift in how her holdings are structured rather than only a reduction in exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,729 | $63.66 | $938K |
| Sale | Common Stock | 2,006 | $63.66 | $128K |
Footnotes (1)
- F1. The reporting person contributed Masco Corporation common stock to an exchange fund in exchange for shares of the exchange fund.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Masco (MAS) director Lisa Payne report in this Form 4 filing?
What is the role of the trust mentioned in Lisa Payne’s Masco (MAS) holdings?
What does the exchange fund footnote in the Masco (MAS) Form 4 indicate?
Were the Masco (MAS) transactions by Lisa Payne classified as open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.