MasterBrand (NYSE: MBC) HR chief sells 26,245 shares, retains 241,665
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MasterBrand, Inc. executive vice president and chief HR officer Bruce Alan Kendrick reported an open-market sale of common stock. He sold 26,245 shares of MasterBrand common stock at a volume-weighted average price of $9.0233 per share in transactions on the open market.
After these sales, Kendrick directly holds 241,665 shares of MasterBrand common stock, which includes 130,947 restricted stock units that have not yet vested. The filing notes the shares were sold in multiple trades between $9.00 and $9.065 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,245 shares ($236,817)
Net Sell
1 txn
Insider
Kendrick Bruce Alan
Role
EVP & Chief HR Officer
Sold
26,245 shs ($237K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 26,245 | $9.0233 | $237K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 241,665 shares (Direct, null)
Footnotes (1)
- The shares were sold in multiple transactions at prices ranging from $9.00 to $9.065 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Includes 130,947 RSUs that have not yet vested.
Key Figures
Shares sold: 26,245 shares
Average sale price: $9.0233 per share
Post-transaction holdings: 241,665 shares
+2 more
5 metrics
Shares sold
26,245 shares
Open-market sale on common stock
Average sale price
$9.0233 per share
Volume-weighted average price for reported sales
Post-transaction holdings
241,665 shares
Directly held MasterBrand common stock after sale
Unvested RSUs
130,947 RSUs
Restricted stock units included in holdings, not yet vested
Sale price range
$9.00–$9.065 per share
Price range of multiple transactions reported
Key Terms
open-market sale, volume weighted average price, RSUs, restricted stock units
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
volume weighted average price financial
"The price reported reflects the volume weighted average price for the transactions."
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
RSUs financial
"Includes 130,947 RSUs that have not yet vested."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
restricted stock units financial
"Includes 130,947 RSUs that have not yet vested."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transaction did MasterBrand (MBC) report for Bruce Alan Kendrick?
MasterBrand reported that EVP and chief HR officer Bruce Alan Kendrick completed an open-market sale of 26,245 common shares at a volume-weighted average price of $9.0233 per share, according to a Form 4 insider trading filing.
What role does Bruce Alan Kendrick have at MasterBrand (MBC)?
Bruce Alan Kendrick serves as executive vice president and chief human resources officer at MasterBrand. His position and title are listed in the Form 4 filing that reports his recent open-market sale of MasterBrand common stock.