MasterBrand (NYSE: MBC) grants 18,824 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHUGG JULIANA L reported acquisition or exercise transactions in this Form 4 filing.
MasterBrand, Inc. director Juliana L. Chugg received a grant of 18,824 restricted stock units (RSUs) of common stock as compensation. Each RSU represents a right to receive one MasterBrand share and will vest on June 3, 2027, if vesting conditions are met. After this award, her reported holdings total 65,317 shares and RSUs, including 31,893 RSUs that have not yet vested, of which 18,824 RSUs are deferred under the company’s deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHUGG JULIANA L
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 — 65,317 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, of which the receipt of 18,824 RSUs has been deferred under the issuer's deferred compensation plan.
Key Figures
RSU grant: 18,824 RSUs
Grant price: $0.00 per share
Post-transaction holdings: 65,317 shares/RSUs
+3 more
6 metrics
RSU grant
18,824 RSUs
Granted on June 3, 2026 to director Juliana L. Chugg
Grant price
$0.00 per share
Compensation award, not an open-market purchase
Post-transaction holdings
65,317 shares/RSUs
Total reported holdings following the RSU grant
Unvested RSUs
31,893 RSUs
Total unvested restricted stock units reported
Deferred RSUs
18,824 RSUs
RSUs deferred under deferred compensation plan
RSU vesting date
June 3, 2027
Vesting date for the 18,824 newly granted RSUs
Key Terms
restricted stock units ("RSUs"), contingent right, 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.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock of MasterBrand, Inc."
deferred compensation plan financial
"of which the receipt of 18,824 RSUs 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 did MasterBrand (MBC) director Juliana Chugg receive in this Form 4 filing?
Director Juliana Chugg received 18,824 restricted stock units (RSUs) of MasterBrand common stock as a compensation grant. These RSUs provide a right to receive shares in the future, subject to vesting conditions and the stated vesting date.
When do Juliana Chugg’s newly granted MasterBrand (MBC) RSUs vest?
The 18,824 restricted stock units granted to Juliana Chugg vest on June 3, 2027. Vesting means the RSUs convert into actual shares of MasterBrand common stock, assuming she satisfies any applicable service or other vesting conditions through that date.
How many unvested RSUs does Juliana Chugg have in MasterBrand (MBC)?
The filing states that Juliana Chugg holds 31,893 unvested restricted stock units in total. These RSUs have not yet converted into MasterBrand common stock and remain subject to future vesting conditions and applicable plan terms.
What portion of Juliana Chugg’s MasterBrand (MBC) RSUs is deferred?
Of the 31,893 unvested RSUs reported, 18,824 RSUs have been deferred under MasterBrand’s deferred compensation plan. Deferral means receipt of these RSUs is postponed according to the plan’s rules and her elected or required deferral terms.
Was this MasterBrand (MBC) Form 4 transaction an open-market stock purchase?
No, the transaction was reported with code A as a grant or award acquisition, not an open-market purchase. Juliana Chugg received RSUs at no cash cost per share as part of her compensation rather than buying shares in the market.