Form 4: Fortune Brands Innovations EVP Kristin Papesh Reports Stock Transaction
SEC Form 4 Filing
Kristin Papesh, EVP and CHRO of Fortune Brands Innovations, reports the withholding of shares to cover tax obligations upon vesting of an award.
Summary
- On February 28, 2025, Kristin Papesh, EVP and CHRO of Fortune Brands Innovations, engaged in a transaction involving common stock.
- The transaction involved the withholding of 386 shares by the issuer to cover withholding taxes.
- The price per share was $64.72.
- Following the transaction, Papesh directly owns 7,134 shares of common stock, which includes 6,363 unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock transaction.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the stock transaction (withholding of shares). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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