Form 4: Fortune Brands Innovations EVP Hiranda S. Donoghue Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Hiranda S. Donoghue, EVP, Chief Legal & Secretary of Fortune Brands Innovations, reports the withholding of 3,712 shares to cover tax obligations upon vesting of an award.
Summary
- On February 28, 2025, Hiranda S. Donoghue, EVP, Chief Legal & Secretary of Fortune Brands Innovations, had 3,712 shares of common stock withheld by the issuer to cover tax obligations.
- The shares were withheld at a price of $64.72 per share.
- Following the transaction, Donoghue directly owns 19,966 shares of Fortune Brands Innovations, which includes 7,696 restricted stock units that have not yet vested.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of withholding shares to cover tax obligations upon vesting of stock awards, which is common across publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine administrative action related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: withholding of shares for tax obligations. |
| 03/04/2025 | Date of report filing. |
Keywords
Form 4, Beneficial Ownership, Insider Trading, Hiranda S. Donoghue, Fortune Brands Innovations, FBIN, Share Withholding, Tax Obligations, Restricted Stock Units
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