MasterBrand (NYSE: MBC) CEO adds 60,000 shares in open-market purchase
Rhea-AI Filing Summary
MasterBrand, Inc. CEO & President R David Banyard reported an open-market purchase of 60,000 shares of common stock on June 1, 2026 at a volume-weighted average price of $8.43 per share, in multiple trades between $8.33 and $8.49.
Following the transaction, he directly holds 1,831,788 shares, which the filing notes include 576,339 restricted stock units that have not yet vested and 446,819 deferred shares credited under the company’s deferred compensation plan.
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Insights
CEO makes a sizeable open-market share purchase, modestly strengthening insider-alignment signals.
R David Banyard, CEO & President of MasterBrand, Inc., executed an open-market purchase of 60,000 shares at a volume-weighted average price of $8.43 per share. Open-market purchases (code P) represent a deliberate deployment of personal capital, which investors often treat as a constructive signal.
After this trade, his reported direct position is 1,831,788 shares, including 576,339 restricted stock units that have not yet vested and 446,819 deferred shares under a deferred compensation plan. The absence of derivative transactions or tax-withholding sales in this filing suggests a straightforward increase in exposure rather than a routine vesting event.
The filing also clarifies that the shares were bought in multiple trades between $8.33 and $8.49, with the reported price reflecting the volume-weighted average. Future company filings may show whether this purchase is part of a broader pattern of insider accumulation or a one-time transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 60,000 | $8.43 | $506K |
Footnotes (1)
- The shares were purchased in multiple transactions at prices ranging from $8.33 to $8.49 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. Includes 576,339 restricted stock units that have not yet vested and 446,819 shares, the receipt of which has been deferred under the issuer's deferred compensation plan.