Form 4: Fortune Brands Innovations Director Ann F. Hackett Reports Sale of Common Stock
SEC Filing
Director Ann F. Hackett of Fortune Brands Innovations, Inc. reports selling 2,197 shares of common stock at an average price of $79.3873 on August 27, 2024.
Summary
- On August 27, 2024, Ann F. Hackett, a director of Fortune Brands Innovations, Inc., sold 2,197 shares of the company's common stock.
- The sale was executed at a weighted average price of $79.3873 per share.
- The prices for individual transactions ranged from $79.37 to $79.44.
- Following the transaction, Hackett directly owns 34,815 shares of Fortune Brands Innovations, Inc.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for directors and officers of public companies to buy and sell shares of their company's stock. These transactions are closely monitored by regulators and investors.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of transaction: Ann F. Hackett sold shares of Fortune Brands Innovations, Inc. |
| 08/29/2024 | Date of report: Form 4 filing date. |
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