MasterBrand (NYSE: MBC) awards 56,432 RSUs to EVP, CLO Horton
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. reported that EVP, CLO & Secretary Andrean Horton received a grant of 56,432 restricted stock units (RSUs) of common stock. The RSUs vest in equal one-third increments over three years beginning on February 28, 2027. After this award, Horton directly holds 187,191 shares and RSUs, including 78,797 RSUs that are 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 | 56,432 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 187,191 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 78,797 RSUs that have not yet vested.
FAQ
What did MasterBrand (MBC) disclose in this Form 4 for Andrean Horton?
MasterBrand reported that EVP, CLO & Secretary Andrean Horton received a grant of 56,432 restricted stock units. These RSUs are a form of equity compensation that may convert into common shares over time, aligning her interests with long-term company performance.
How many RSUs were granted to Andrean Horton by MasterBrand (MBC)?
Andrean Horton was granted 56,432 restricted stock units of MasterBrand common stock. Each RSU represents a contingent right to receive one share, subject to vesting conditions being met over a multi-year period starting in 2027.
What is the vesting schedule for Andrean Horton’s new MasterBrand (MBC) RSUs?
The 56,432 RSUs granted to Andrean Horton vest in three equal installments. Vesting occurs in one-third increments each year, beginning on February 28, 2027, which means full vesting will be completed over a three-year period if conditions are satisfied.
Are Andrean Horton’s newly granted MasterBrand (MBC) RSUs issued at a purchase price?
The filing shows the 56,432 RSUs were granted at a price of $0.00 per unit. This indicates they are compensation awards rather than open-market purchases, and value for Horton depends on future vesting and the company’s share price.
What do unvested RSUs mean in MasterBrand (MBC) insider holdings?
Unvested RSUs represent promised equity that the insider does not yet fully own. For Andrean Horton, the holdings include 78,797 unvested RSUs, which will convert into common stock only if the specified vesting conditions and service requirements are satisfied over time.