Form 4: Fortune Brands Innovations EVP & CFO David V. Barry Reports Changes in Beneficial Ownership
SEC Form 4 Filing
David V. Barry, EVP & CFO of Fortune Brands Innovations, reports a transaction involving common stock due to tax withholding upon vesting of an award.
Summary
- On October 30, 2024, David V. Barry, the EVP & CFO of Fortune Brands Innovations, reported a transaction involving the company's common stock.
- The transaction involved the withholding of 521 shares by the issuer to cover withholding taxes payable by Barry upon the vesting of an award, at a price of $84.03 per share.
- Following the transaction, Barry directly owns 19,350 shares of common stock and indirectly owns 2,504 shares held by a Retirement Savings Plan.
- The directly held amount includes 13,059 restricted stock units that have not yet vested.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it relates to routine tax withholding on vested stock awards.
Key Dates
| Date | Description |
|---|---|
| 10/30/2024 | Date of the stock transaction (tax withholding). |
| 10/31/2024 | Date of signature on the Form 4 filing. |
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