MasterBrand (MBC) CAO sells 11,765 shares but still holds 61,351
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MasterBrand, Inc. executive Mark A. Young, the VP and Chief Accounting Officer, reported an open-market sale of common stock. He sold 11,765 shares at $8.60 per share, and now holds 61,351 shares directly. This remaining position includes 37,569 restricted stock units that have not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,765 shares ($101,179)
Net Sell
1 txn
Insider
Young Mark A.
Role
VP, Chief Accounting Officer
Sold
11,765 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 11,765 | $8.60 | $101K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 61,351 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 11,765 shares
Sale price: $8.60 per share
Shares held after transaction: 61,351 shares
+1 more
4 metrics
Shares sold
11,765 shares
Open-market sale on transaction date
Sale price
$8.60 per share
Price for sold common stock
Shares held after transaction
61,351 shares
Direct ownership following sale
Unvested RSUs
37,569 units
Restricted stock units included in holdings
Key Terms
open-market sale, restricted stock units, Form 4
3 terms
open-market sale financial
"He sold 11,765 shares at $8.60 per share in an 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.
restricted stock units financial
"His remaining holdings include 37,569 restricted stock units that have not 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.
Form 4 regulatory
"The transaction details are disclosed in a Form 4 insider trading report."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MasterBrand (MBC) report for Mark A. Young?
MasterBrand reported that VP and Chief Accounting Officer Mark A. Young completed an open-market sale of company common stock. He sold 11,765 shares at a price of $8.60 per share, and continued to hold a sizable remaining equity position after the transaction.
What portion of Mark A. Young’s MasterBrand (MBC) holdings are restricted stock units?
His post-transaction holdings include 37,569 restricted stock units that have not yet vested. These restricted stock units represent shares that may settle into common stock in the future, typically subject to continued service or other vesting conditions.
What role does Mark A. Young hold at MasterBrand (MBC)?
Mark A. Young serves as Vice President and Chief Accounting Officer at MasterBrand. As a senior officer, his equity transactions in company stock must be reported on Form 4, providing public transparency into his ownership changes and remaining holdings.
Was the MasterBrand (MBC) insider transaction a buy or a sell?
The reported insider transaction was a sale of MasterBrand common stock. The Form 4 lists transaction code “S” and describes it as an open-market sale, indicating that shares were disposed of rather than acquired in this particular filing.