Form 4: FBIN EVP Papesh Sells Shares for Tax Obligations
Insider Transaction Report
Fortune Brands Innovations EVP and CHRO Kristin Papesh disposed of 303 shares of common stock to cover tax liabilities related to a vested award.
Summary
- Kristin Papesh, Executive Vice President and Chief Human Resources Officer (EVP and CHRO) of Fortune Brands Innovations, Inc. (FBIN), reported a transaction on December 11, 2025.
- The transaction involved the disposition of 303 shares of common stock.
- The shares were withheld by the issuer at a price of $52.44 per share to cover tax obligations upon the vesting of an award.
- This transaction is exempt under Rule 16b-3(e) of the Securities Exchange Act of 1934.
- Following this transaction, Papesh beneficially owns 7,314 shares of common stock.
- The total beneficial ownership includes 5,681 restricted stock units (RSUs) that have not yet vested.
Sentiment
Score: 5
Explanation: The transaction is a routine tax-related disposition of shares, not indicative of positive or negative sentiment towards the company's performance or outlook.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction is a routine event related to executive compensation and tax obligations, and it does not provide broader insights into industry trends or competitive landscape.
Comparison to Industry Standards
- Tax withholding upon the vesting of equity awards is a standard practice across publicly traded companies for executive compensation, aligning with typical industry compensation structures.
Stakeholder Impact
- Minimal direct impact on shareholders as it is a routine tax-related transaction by an executive, not a discretionary sale based on company performance.
Key Dates
| Date | Description |
|---|---|
| 12/11/2025 | Date of transaction (disposition of shares for tax withholding) |
| 12/12/2025 | Date the Form 4 was signed by the attorney-in-fact |
Keywords
Fortune Brands Innovations, FBIN, Insider Transaction, Form 4, Stock Sale, Executive Compensation, Tax Withholding, Kristin Papesh
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