MasterBrand (MBC) director receives 18,824 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shannon Patrick S
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 — 41,672 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 31,893 RSUs that have not vested, the receipt of which has been deferred under the issuer's deferred compensation plan.
Key Figures
RSUs granted: 18,824 shares
Holdings after grant: 41,672 shares/RSUs
Unvested deferred RSUs: 31,893 RSUs
+2 more
5 metrics
RSUs granted
18,824 shares
Restricted stock units granted on June 3, 2026
Holdings after grant
41,672 shares/RSUs
Total reported holdings following the transaction
Unvested deferred RSUs
31,893 RSUs
Unvested RSUs with receipt deferred under compensation plan
Vesting date
June 3, 2027
Vesting date for the 18,824 newly granted RSUs
Grant price per RSU
$0.00 per unit
No cash paid by insider; compensation-related award
Key Terms
restricted stock units ("RSUs"), deferred compensation plan, vest
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.
deferred compensation plan financial
"have not vested, 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.
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.
FAQ
What insider transaction did MasterBrand (MBC) report for Shannon Patrick?
MasterBrand reported a compensation-related equity grant to director Shannon Patrick. He received 18,824 restricted stock units, each convertible into one MasterBrand common share, rather than buying shares in the open market.
How many MasterBrand RSUs were granted to Shannon Patrick in this Form 4?
The Form 4 shows a grant of 18,824 restricted stock units to Shannon Patrick. Each RSU represents a contingent right to receive one share of MasterBrand common stock if the vesting conditions are satisfied.
When do Shannon Patrick’s newly granted MasterBrand RSUs vest?
The newly granted MasterBrand RSUs vest on June 3, 2027. Vesting means Patrick will receive the underlying common shares on that date if he meets the required service-based conditions set by the company.
Is Shannon Patrick’s MasterBrand RSU grant an open-market stock purchase?
No, the transaction is a grant of restricted stock units, not an open-market purchase. RSUs are typically awarded as part of director or executive compensation and convert into shares only when vesting conditions are met.
What does it mean that 31,893 MasterBrand RSUs are deferred for Shannon Patrick?
It means 31,893 of his RSUs have not yet vested and their receipt is postponed under MasterBrand’s deferred compensation plan. He will receive the underlying shares later, once plan terms and vesting requirements are satisfied.