MasterBrand (MBC) CFO sees 16,558 shares withheld to cover tax liability
Rhea-AI Filing Summary
MasterBrand, Inc. EVP & CFO Simon Andrea Helen reported a tax-withholding disposition of 16,558 shares of common stock at $10.12 per share. The issuer withheld these shares to cover taxes due when an equity award vested, in a transaction exempt under Rule 16b-3(e). After this, Helen directly held 290,236 shares, including 42,868 restricted stock units that have not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,558 shares
Net Sell
1 txn
Insider
Simon Andrea Helen
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 16,558 | $10.12 | $168K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 290,236 shares (Direct)
Footnotes (2)
- F1. Reflects the withholding by the issuer of shares having a fair market value equal to the withholding taxes payable by the undersigned at the time the award vested and became payable, such transaction being exempt under Rule 16b-3(e).
- F2. Includes 42,868 restricted stock units that have not yet vested.
FAQ
What insider transaction did MasterBrand (MBC) report for EVP & CFO Simon Andrea Helen?
MasterBrand EVP & CFO Simon Andrea Helen reported a tax-withholding disposition of 16,558 common shares. The issuer withheld these shares to cover taxes when an equity award vested, rather than an open-market sale, under Rule 16b-3(e).
AI-generated analysis. How Rhea-AI works. Not financial advice.