MasterBrand (MBC) EVP Kendrick Bruce Alan awarded 70,012 RSUs vesting 2027–2029
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 Kendrick Bruce Alan, EVP & Chief HR Officer, reported an equity compensation grant of 70,012 shares of common stock in the form of restricted stock units (RSUs) at no cash cost.
Each RSU represents a right to receive one MasterBrand share. According to the vesting schedule, 11,669 RSUs vest in equal one‑third increments over three years beginning on June 3, 2027. The remaining 58,343 RSUs vest in equal one‑half increments on June 3, 2028 and June 3, 2029. After this grant, Alan directly holds 267,910 shares, which include 130,947 RSUs that have not yet vested.
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 | 70,012 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 267,910 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) 11,669 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 130,947 RSUs that have not yet vested.
Key Figures
RSUs granted: 70,012 shares
Grant price per RSU: $0.0000 per share
Total shares after grant: 267,910 shares
+3 more
6 metrics
RSUs granted
70,012 shares
Restricted stock units granted on June 3, 2026
Grant price per RSU
$0.0000 per share
Reported transaction price for RSU grant
Total shares after grant
267,910 shares
Direct holdings following the reported transaction
Unvested RSUs included
130,947 RSUs
Unvested restricted stock units included in holdings
RSUs vesting from 2027
11,669 RSUs
Vest in one-third increments over three years from June 3, 2027
RSUs vesting 2028–2029
58,343 RSUs
Vest in one-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) 11,669 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 Kendrick Bruce Alan report in this Form 4?
Kendrick Bruce Alan reported receiving 70,012 restricted stock units (RSUs) of MasterBrand common stock as equity compensation. These RSUs convert into shares over several years under a defined vesting schedule, increasing his potential future ownership stake.
How many MasterBrand (MBC) RSUs did Kendrick Bruce Alan receive and at what price?
He received 70,012 RSUs of MasterBrand common stock at a reported price of $0.0000 per share. This indicates a compensation grant rather than an open‑market purchase, with value realized as the RSUs vest into shares over time.
What is the vesting schedule for Kendrick Bruce Alan’s new MasterBrand (MBC) RSUs?
11,669 RSUs vest in equal one‑third increments over three years starting June 3, 2027. The remaining 58,343 RSUs vest in equal one‑half increments on June 3, 2028 and June 3, 2029, spreading ownership gains across multiple dates.
What are restricted stock units (RSUs) in the context of MasterBrand (MBC)?
RSUs are share-based awards that give an executive a right to receive company stock in the future. For MasterBrand, each RSU equals one common share, but the executive only receives the shares as specific vesting conditions and dates are satisfied.