Masco (NYSE: MAS) legal chief exercises options and sells common stock
Rhea-AI Filing Summary
Masco Corporation executive Kenneth G. Cole, VP, General Counsel and Secretary, reported multiple equity transactions dated February 12, 2026. He exercised employee stock options for 27,790 shares of common stock at an exercise price of $33.75 and 24,110 shares at $42.13, converting them into common shares.
Cole also received 9,285 shares in connection with the vesting of performance stock units awarded in 2023 and an additional 4,310 shares, both at a stated price of $0.0000 per share. On the same date, 2,589 shares were disposed of at $77.54 to cover tax or exercise-related obligations.
He then sold 24,110 shares at a weighted average price of $77.0008 and 27,790 shares at a weighted average price of $77.0608 in open-market transactions. Following these transactions, Cole directly owned 41,371 shares and indirectly held 10,000 shares through the 2025 Trust, for which he is the sole trustee and in which he and his descendants are beneficiaries. He was also granted a new option for 13,520 shares at an exercise price of $77.54, exercisable in three approximately equal annual installments beginning February 12, 2027.
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FAQ
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