MasterBrand (NYSE: MBC) CEO awarded 206,826 RSUs as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Banyard R David reported acquisition or exercise transactions in this Form 4 filing.
MasterBrand, Inc. reported that CEO and President R. David Banyard received a grant of 206,826 restricted stock units (RSUs). Each RSU represents one share of common stock. Of this grant, 31,797 RSUs vest in equal one-third installments starting on June 3, 2027, and 175,029 RSUs vest on June 3, 2029. After this award, Banyard directly holds 2,038,614 shares and RSUs, including 783,165 unvested RSUs and 446,819 shares deferred under the company’s deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Banyard R David
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 206,826 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 2,038,614 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) 31,797 in equal one-third increments over three years beginning on June 3, 2027 and (ii) 175,029 on June 3, 2029. Includes 783,165 RSUs that have not yet vested and 446,819 shares, the receipt of which has been deferred under the issuer's deferred compensation plan.
Key Figures
RSU grant size: 206,826 shares
Vesting tranche 1: 31,797 RSUs
Vesting tranche 2: 175,029 RSUs
+3 more
6 metrics
RSU grant size
206,826 shares
Restricted stock units granted to CEO on June 3, 2026
Vesting tranche 1
31,797 RSUs
Vest in equal one-third increments over three years from June 3, 2027
Vesting tranche 2
175,029 RSUs
Vest on June 3, 2029
Total holdings after grant
2,038,614 shares/RSUs
Shares and RSUs directly held by CEO following transaction
Unvested RSUs held
783,165 RSUs
RSUs that have not yet vested for CEO
Deferred shares
446,819 shares
Receipt deferred under MasterBrand’s deferred compensation plan
Key Terms
restricted stock units ("RSUs"), vest, deferred compensation plan
3 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) 31,797 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.
deferred compensation plan financial
"and 446,819 shares, the receipt of which has been deferred under the issuer's deferred compensation plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
FAQ
What insider transaction did MasterBrand (MBC) disclose for its CEO?
MasterBrand reported that CEO R. David Banyard received 206,826 restricted stock units as equity compensation. These RSUs convert into common shares over time as they vest according to specified dates and schedules.
How do the new RSUs for MasterBrand (MBC) CEO vest over time?
The RSUs vest in two parts: 31,797 vest in equal one-third increments over three years beginning June 3, 2027, and 175,029 vest in a single tranche on June 3, 2029, subject to standard vesting conditions.
Is the MasterBrand (MBC) CEO’s RSU grant an open-market stock purchase?
No, the 206,826-share grant is compensation in the form of restricted stock units, not an open-market purchase. The CEO receives shares only as the RSUs vest and settle into common stock over the scheduled dates.
What are the MasterBrand (MBC) CEO’s holdings after this RSU grant?
Following the grant, CEO R. David Banyard holds 2,038,614 shares and RSUs directly. This total includes 783,165 RSUs that have not yet vested and 446,819 shares whose receipt has been deferred under MasterBrand’s deferred compensation plan.