MasterBrand (MBC) director awarded 18,824 RSUs, boosting total holdings to 99,009
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MasterBrand, Inc. director Daniel T. Hendrix received a grant of 18,824 restricted stock units (RSUs) of common stock. These RSUs are a form of equity compensation and carry no purchase price. Each RSU converts into one share of MasterBrand common stock when it vests.
The RSUs vest on June 3, 2027, meaning Hendrix must remain eligible until that date to receive the underlying shares. After this grant, he holds a total of 99,009 shares and RSUs directly, including the 18,824 RSUs that are not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HENDRIX DANIEL T
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 — 99,009 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: 18,824 RSUs
Grant price: $0.00 per share
Total holdings after grant: 99,009 shares/RSUs
+2 more
5 metrics
RSU grant
18,824 RSUs
Grant of restricted stock units to director on June 3, 2026
Grant price
$0.00 per share
RSUs granted at no purchase price
Total holdings after grant
99,009 shares/RSUs
Direct ownership following the RSU award
Unvested RSUs included
18,824 RSUs
Unvested portion of Hendrix’s holdings after the transaction
Vesting date
June 3, 2027
Date when the 18,824 RSUs are scheduled to vest
Key Terms
restricted stock units ("RSUs"), vest, contingent right, grant, award, or other acquisition
4 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 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.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did MasterBrand (MBC) report for Daniel T. Hendrix?
MasterBrand reported that director Daniel T. Hendrix received a grant of 18,824 restricted stock units (RSUs). These RSUs represent future shares of common stock that will be delivered when they vest, providing equity-based compensation rather than a cash salary component.
When do Daniel T. Hendrix’s new MasterBrand (MBC) RSUs vest?
The 18,824 restricted stock units granted to Daniel T. Hendrix vest on June 3, 2027. Vesting means the RSUs convert into actual shares of MasterBrand common stock, assuming service-based conditions are met through that vesting date without forfeiture.
What does a transaction code “A” mean in the MasterBrand (MBC) Form 4 for Hendrix?
Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of securities. For Daniel T. Hendrix, it reflects the issuance of 18,824 restricted stock units as compensation, not a market purchase with cash paid for the shares.