MasterBrand (MBC) EVP & Chief HR Officer awarded 42,476 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kendrick Bruce Alan reported acquisition or exercise transactions in this Form 4 filing.
MasterBrand, Inc. executive Bruce Alan Kendrick, EVP & Chief HR Officer, received a grant of 42,476 shares of common stock in the form of restricted stock units as compensation. These RSUs vest in equal one-third installments over three years beginning on February 28, 2027.
Following this award, Kendrick holds 197,898 shares of common stock directly, which includes 60,935 RSUs that have not yet vested. The transaction was recorded at a price of $0.00 per share, reflecting that this was an equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kendrick Bruce Alan
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 42,476 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 197,898 shares (Direct)
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 in equal one-third increments over three years beginning on February 28, 2027. Includes 60,935 RSUs that have not yet vested.
FAQ
What insider transaction did MasterBrand (MBC) report for Bruce Alan Kendrick?
MasterBrand reported that EVP & Chief HR Officer Bruce Alan Kendrick received a grant of 42,476 restricted stock units. The grant was recorded at $0.00 per share, indicating a compensation award rather than an open-market stock purchase.
How do Bruce Alan Kendrick’s new RSUs at MasterBrand (MBC) vest?
The 42,476 restricted stock units granted to Bruce Alan Kendrick vest in three equal one-third installments. Vesting starts on February 28, 2027, and continues annually over the following two years, aligning the award with longer-term company performance and retention.
What are Bruce Alan Kendrick’s total MasterBrand (MBC) holdings after this Form 4?
After the RSU grant, Bruce Alan Kendrick directly holds 197,898 shares of MasterBrand common stock. This total includes 60,935 restricted stock units that have not yet vested, combining already-owned shares with unvested equity awards reported in the filing.
Was the MasterBrand (MBC) RSU grant to Bruce Alan Kendrick an open-market purchase?
No, the RSU grant was not an open-market purchase. The 42,476 restricted stock units were issued at a reported price of $0.00 per share, reflecting an equity compensation award rather than shares bought on the public market.
What role does Bruce Alan Kendrick hold at MasterBrand (MBC) in this Form 4?
In this Form 4, Bruce Alan Kendrick is identified as an officer of MasterBrand, serving as Executive Vice President & Chief HR Officer. The reported transaction relates to his compensation in the form of restricted stock units tied to this leadership role.