Form 4: Fortune Brands Innovations CEO Nicholas Fink Reports Stock Transfers
SEC Filing Form 4
Nicholas Fink, CEO of Fortune Brands Innovations, reports gifting shares and holding shares in trusts, according to a recent SEC Form 4 filing.
Summary
- Nicholas I. Fink, CEO of Fortune Brands Innovations, filed a Form 4 with the SEC.
- The filing reports a gift of 1,904 shares of common stock.
- Fink directly owns 254,267 shares of common stock, including 94,333 unvested restricted stock units.
- He also indirectly owns 11,671 shares held in trusts for the benefit of heirs and 32,007 shares held by a 2023 Grantor Retained Annuity Trust.
- The filing also reflects a scheduled annuity distribution of 23,845 shares from the 2023 Grantor Annuity Trust to Mr. Fink on August 26, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of stock gift transaction. |
| 08/26/2024 | Scheduled annuity distribution of 23,845 shares from the 2023 Grantor Annuity Trust to Mr. Fink. |
| 02/13/2025 | Date of Form 4 signature. |
Keywords
Form 4, Nicholas Fink, Fortune Brands Innovations, Stock, SEC, Beneficial Ownership, FBIN, CEO
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