Form 4: Fortune Brands Innovations Director Acquires Shares Through Deferred Compensation Plan

Sentiment:

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

DateDescription
04/01/2025Date of transaction: Irial Finan acquired 492 shares of Fortune Brands Innovations, Inc.
04/03/2025Date of report filing.

Keywords

Form 4, Director, Irial Finan, Fortune Brands Innovations, FBIN, Deferred Compensation Plan, Beneficial Ownership, Shares

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