MasterBrand EVP reports tax-withholding share disposition
MasterBrand, Inc. executive Kendrick Bruce Alan reported a tax-related share disposition tied to equity compensation.
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Rhea-AI Filing Summary
MasterBrand, Inc. executive Kendrick Bruce Alan reported a tax-related share disposition tied to equity compensation. On the transaction date, 7,456 shares of common stock at a price of $10.12 per share were withheld by the company to cover withholding taxes when an award vested and became payable, a transaction categorized as a tax-withholding disposition. After this withholding event, he reported beneficial ownership of 155,422 shares of common stock, which includes 18,459 restricted stock units that have not yet vested.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 7,456 | $10.12 | $75K |
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 18,459 restricted stock units that have not yet vested.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MasterBrand (MBC) report for Kendrick Bruce Alan?
Was the MasterBrand (MBC) Form 4 transaction an open-market sale?
What does the Form 4 footnote say about restricted stock units at MasterBrand (MBC)?
Under what rule was the MasterBrand (MBC) tax-withholding transaction exempt?
AI-generated analysis. How Rhea-AI works. Not financial advice.