MasterBrand (MBC) director Philip Fracassa purchases 5,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MasterBrand, Inc. director Philip D. Fracassa reported an open-market purchase of 5,000 shares of common stock at an average price of $9.11 per share. After this transaction, he directly holds 45,041 shares, which the filing notes include 18,824 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($45,550)
Net Buy
1 txn
Insider
Fracassa Philip D.
Role
null
Bought
5,000 shs ($46K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 5,000 | $9.11 | $46K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 45,041 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 5,000 shares
Purchase price: $9.11 per share
Total direct holdings after trade: 45,041 shares
+2 more
5 metrics
Shares purchased
5,000 shares
Open-market purchase of common stock
Purchase price
$9.11 per share
Average price on transaction date
Total direct holdings after trade
45,041 shares
Shares held directly following transaction
Unvested RSUs included
18,824 units
Restricted stock units not yet vested
Net buy shares
5,000 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, restricted stock units, Common Stock, par value $0.01 per share, Form 4
4 terms
open-market purchase financial
"reported an open-market purchase of 5,000 shares of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
restricted stock units financial
"Includes a total of 18,824 restricted stock units that have not 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.
Form 4 regulatory
"This MasterBrand report is a Form 4 insider transaction filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MasterBrand (MBC) report for Philip D. Fracassa?
MasterBrand reported that director Philip D. Fracassa bought 5,000 shares of common stock in an open-market purchase at $9.11 per share. This increases his direct holdings and signals continued personal exposure to the company’s equity.
Was the MasterBrand (MBC) insider trade an open-market purchase?
Yes. The Form 4 describes the transaction as an open-market purchase of 5,000 shares at $9.11 per share. This is recorded under transaction code “P,” which indicates a purchase in the open market or a private transaction.
What does the restricted stock unit footnote mean in the MasterBrand (MBC) Form 4?
The footnote explains that Fracassa’s reported 45,041-share holding includes 18,824 restricted stock units that have not vested. These units represent additional equity that may convert into common shares as vesting conditions are met over time.
Does the MasterBrand (MBC) Form 4 show any stock sales by Philip D. Fracassa?
No stock sales are reported in this Form 4. The transaction summary shows one open-market purchase totaling 5,000 shares and no sales or derivative exercises, resulting in a net buy position for the reported period.