Form 4: Fortune Brands Innovations Director Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Irial Finan acquired 492 shares of Fortune Brands Innovations, Inc. through the company's Deferred Compensation Plan.
Summary
- On April 1, 2025, Irial Finan, a director of Fortune Brands Innovations, Inc., acquired 492 shares of common stock.
- The acquisition was made through the issuer's Deferred Compensation Plan in lieu of cash compensation.
- The price per share was $0.
- Following the transaction, Mr. Finan beneficially owns 17,767 shares, including 9,130 shares with deferred receipt until the January following his departure from the Board of Directors.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director is taking compensation in shares, which shows confidence in the company. The transaction itself is routine.
Positives
- Director's participation in the Deferred Compensation Plan demonstrates confidence in the company's future.
Industry Context
Directors using deferred compensation plans are common practice. It is a way for directors to align their interests with the long-term success of the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Irial Finan acquired 492 shares of Fortune Brands Innovations, Inc. |
| 04/03/2025 | Date of report filing. |
Keywords
Form 4, Director, Irial Finan, Fortune Brands Innovations, FBIN, Deferred Compensation Plan, Beneficial Ownership, Shares
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