Form 4: Director Donald R. Parfet Updates Beneficial Ownership in Masco Corp

Donald R. Parfet, a director of Masco Corp, reports changes in his beneficial ownership of common stock, including a transfer of shares to a trust.

Summary

• On July 30, 2024, Donald R. Parfet, a director of Masco Corporation, filed a Form 4 to report changes in his beneficial ownership of Masco Corp common stock.
• The reported transactions include a transfer of 2,850 shares of common stock from Parfet's individual account to the Donald R. Parfet 2006 Trust.
• Following the reported transactions, Parfet directly owns 5,494 shares of Masco Corp common stock and indirectly owns 34,238 shares through the 2006 Trust and an Appointive Trust.
• The filing indicates that the transfer to the trust does not involve a sale, and the price is reported as $0.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, 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.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership of Masco Corp shares by a director.

Key Dates