MasterBrand EVP receives 62,719 RSU award
Horton Andrean reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Horton Andrean reported acquisition or exercise transactions in this Form 4 filing.
MasterBrand, Inc. executive Horton Andrean, EVP, CLO & Secretary, received a grant of 62,719 restricted stock units (RSUs) of common stock. The award was granted at no cash cost and is structured to vest over several years, tying compensation to future company performance.
According to the vesting schedule, 4,376 RSUs vest in equal one-third installments beginning on June 3, 2027, and 58,343 RSUs vest in two equal installments on June 3, 2028 and June 3, 2029. After this grant, Andrean directly holds 249,910 shares, including 141,516 RSUs that have not yet vested.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 62,719 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of MasterBrand, Inc. The RSUs vest as follows: (i) 4,376 in equal one-third increments over three years beginning on June 3, 2027 and (ii) 58,343 in equal one-half increments on June 3, 2028 and June 3, 2029.
- F2. Includes 141,516 RSUs that have not yet vested.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
vest financial
contingent right financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MasterBrand (MBC) EVP Horton Andrean report in this Form 4?
How many MasterBrand (MBC) RSUs were granted to Horton Andrean and at what price?
What is the vesting schedule for Horton Andrean’s new MasterBrand (MBC) RSUs?
Are Horton Andrean’s MasterBrand (MBC) transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.