MasterBrand EVP granted 70,012 RSUs
Kendrick Bruce Alan reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 70,012 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Includes 130,947 RSUs that have not yet vested.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
vest financial
contingent right financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MasterBrand (MBC) EVP Kendrick Bruce Alan report in this Form 4?
How many MasterBrand (MBC) RSUs did Kendrick Bruce Alan receive and at what price?
What is the vesting schedule for Kendrick Bruce Alan’s new MasterBrand (MBC) RSUs?
What are restricted stock units (RSUs) in the context of MasterBrand (MBC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.