What does the zero price per share mean in Andrew B. Cogan’s MasterBrand Form 4?

The transaction lists a price of $0.0000 per share because it reflects an RSU grant, not an open-market purchase. RSUs are typically awarded without upfront payment, providing a contingent right to receive shares if vesting conditions are met.

Director Cogan gains 18,824 RSUs in MasterBrand (NYSE: MBC) grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Cogan Andrew B reported acquisition or exercise transactions in this Form 4 filing.

MasterBrand, Inc. director Andrew B. Cogan reported an award of 18,824 restricted stock units (RSUs), each representing one share of common stock. The RSUs vest on June 3, 2027. After this grant, Cogan directly holds a total of 99,987 shares, including the 18,824 unvested RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cogan Andrew B

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01 per share	18,824	$0.00	--

Holdings After Transaction: Common Stock, par value $0.01 per share — 99,987 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 on June 3, 2027. Includes a total of 18,824 RSUs that have not vested.

Key Figures

RSU grant size: 18,824 RSUs Vesting date: June 3, 2027 Post-grant holdings: 99,987 shares +1 more

4 metrics

RSU grant size 18,824 RSUs Restricted stock units granted to Andrew B. Cogan

Vesting date June 3, 2027 RSUs vest on this date

Post-grant holdings 99,987 shares Total shares directly held after the transaction

Grant price per share $0.0000 per share RSU grant, not open-market purchase

Key Terms

restricted stock units, RSUs, vest, Form 4

4 terms

restricted stock units financial

"Represents shares of restricted stock units ("RSUs") granted to the reporting person."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Each RSU represents a contingent right to receive one share of common stock of MasterBrand, Inc."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

vest financial

"The RSUs vest on June 3, 2027."

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 04:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cogan Andrew B

(Last)

(First)

(Middle)

3300 ENTERPRISE PARKWAY

SUITE 300

(Street)

BEACHWOOD

OHIO

44122

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MasterBrand, Inc. [ MBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01 per share	06/03/2026		A		18,824⁽¹⁾	A	$0	99,987⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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 on June 3, 2027.

2. Includes a total of 18,824 RSUs that have not vested.

	/s/ Andrean R. Horton, Attorney-in-Fact for Andrew B. Cogan	06/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did MasterBrand (MBC) director Andrew B. Cogan report in this Form 4?

Andrew B. Cogan reported receiving 18,824 restricted stock units (RSUs) of MasterBrand common stock. Each RSU equals one share, increasing his direct holdings to 99,987 shares, including these unvested RSUs reported in the filing.

Are the 18,824 MasterBrand (MBC) RSUs owned by Andrew B. Cogan vested?

No, the 18,824 MasterBrand RSUs reported for Andrew B. Cogan have not vested yet. The filing states these RSUs will vest on June 3, 2027, meaning he must remain eligible until that date to receive the underlying shares.

How many MasterBrand (MBC) shares does Andrew B. Cogan hold after this RSU grant?

After this RSU grant, Andrew B. Cogan directly holds 99,987 MasterBrand shares. This total includes the 18,824 restricted stock units reported as unvested, which each represent a contingent right to receive one common share.

When will Andrew B. Cogan’s new MasterBrand (MBC) RSUs vest?

The Form 4 states that Andrew B. Cogan’s 18,824 restricted stock units vest on June 3, 2027. Once vested, each RSU entitles him to receive one share of MasterBrand common stock, subject to the plan’s terms.