MasterBrand director granted 18,824 RSUs
Shannon Patrick S reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Shannon Patrick S reported acquisition or exercise transactions in this Form 4 filing.
MasterBrand, Inc. director Shannon Patrick received a grant of 18,824 restricted stock units (RSUs), each representing one future share of common stock. The RSUs vest on June 3, 2027, meaning the shares are delivered only if service-based conditions are met.
After this award, Patrick is reported as holding 41,672 shares or RSUs in total, including 31,893 RSUs that have not yet vested and whose receipt has been deferred under the company’s deferred compensation plan. This is a compensation-related equity grant rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 18,824 | $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 on June 3, 2027.
- F2. Includes a total of 31,893 RSUs that have not vested, the receipt of which has been deferred under the issuer's deferred compensation plan.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
deferred compensation plan financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MasterBrand (MBC) report for Shannon Patrick?
How many MasterBrand RSUs were granted to Shannon Patrick in this Form 4?
When do Shannon Patrick’s newly granted MasterBrand RSUs vest?
Is Shannon Patrick’s MasterBrand RSU grant an open-market stock purchase?
What does it mean that 31,893 MasterBrand RSUs are deferred for Shannon Patrick?
AI-generated analysis. How Rhea-AI works. Not financial advice.