MasterBrand (MBC) EVP Horton Andrean granted 62,719 RSUs in new equity award
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Horton Andrean
Role
EVP, CLO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 62,719 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 249,910 shares (Direct, null)
Footnotes (1)
- 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. Includes 141,516 RSUs that have not yet vested.
Key Figures
RSUs granted: 62,719 RSUs
Post-transaction holdings: 249,910 shares
Unvested RSUs included: 141,516 RSUs
+2 more
5 metrics
RSUs granted
62,719 RSUs
Grant to EVP, CLO & Secretary on June 3, 2026
Post-transaction holdings
249,910 shares
Total direct holdings following RSU grant
Unvested RSUs included
141,516 RSUs
Unvested units included in reported holdings
Tranche 1 vesting
4,376 RSUs
Vest in one-third increments starting June 3, 2027
Later vesting tranches
58,343 RSUs
Vest in half increments on June 3, 2028 and June 3, 2029
Key Terms
restricted stock units ("RSUs"), vest, contingent right, grant, award, or other acquisition
4 terms
restricted stock units ("RSUs") financial
"Represents shares of restricted stock units ("RSUs") granted to the reporting person."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"The RSUs vest as follows: (i) 4,376 in equal one-third increments over three years..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock..."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did MasterBrand (MBC) EVP Horton Andrean report in this Form 4?
Horton Andrean reported receiving a grant of 62,719 restricted stock units (RSUs) of MasterBrand common stock. The award is a compensation-related grant, not an open-market purchase or sale, and increases his equity-based stake in the company subject to future vesting conditions.
How many MasterBrand (MBC) RSUs were granted to Horton Andrean and at what price?
Andrean was granted 62,719 RSUs of MasterBrand common stock at a stated price of $0.00 per share. RSU grants typically reflect compensation value rather than a cash transaction, since each unit represents a right to receive one share upon vesting.
What is the vesting schedule for Horton Andrean’s new MasterBrand (MBC) RSUs?
The 62,719 RSUs vest in stages: 4,376 vest in equal one-third increments over three years starting June 3, 2027, and 58,343 vest in equal halves on June 3, 2028 and June 3, 2029. Vesting requires continued service through those dates.
Are Horton Andrean’s MasterBrand (MBC) transactions open-market buys or sells?
The reported transaction is a grant of RSUs categorized as a grant, award, or other acquisition. It is not an open-market purchase or sale; instead, it represents equity compensation that will convert into shares as the RSUs vest over time.