Form 4: Fortune Brands Innovations EVP & CFO David V. Barry Reports Share Transaction
SEC Filing
David V. Barry, EVP & CFO of Fortune Brands Innovations, reports a transaction involving common stock related to tax withholding upon vesting of an award.
Summary
- On February 28, 2024, David V. Barry, the EVP & CFO of Fortune Brands Innovations, engaged in a transaction involving the company's common stock.
- The transaction involved the withholding of 1,241 shares to cover taxes related to the vesting of an award, at a price of $80.89 per share.
- Following the transaction, Barry directly owns 20,569 shares of common stock and indirectly owns 2,479 shares held by a Retirement Savings Plan.
- The directly held amount includes 15,570 restricted stock units that have not yet vested.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the transaction described is a standard tax-related activity. Therefore, the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in company stock. This filing indicates routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the reported transaction (share withholding for taxes). |
| 02/29/2024 | Date of signature on the Form 4 filing. |
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