Form 4: Masco Corp Executive Transfers Shares to Trust
SEC Form 4 Filing
Kenneth G. Cole, VP, General Counsel and Secretary of Masco Corp, reports transferring 10,000 shares of common stock to a trust on May 16, 2025.
Summary
- On May 16, 2025, Kenneth G. Cole, VP, General Counsel and Secretary of Masco Corp, reported a transaction involving Masco common stock.
- Mr. Cole transferred 10,000 shares of Masco common stock to a trust.
- The transfer was a disposition of 10,000 shares at a price of $0.00.
- Following the transaction, Mr. Cole directly owns 30,365 shares.
- The reporting person also reported acquisition of 10,000 shares held indirectly.
- The reporting person and his spouse are the trustees and sole beneficiaries of the trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an insider transaction. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This is a routine disclosure of insider transactions, which are common and expected. It doesn't necessarily indicate a change in the company's prospects.
Related Party Transactions
- The transfer of shares to a trust where the reporting person and his spouse are trustees and beneficiaries constitutes a related party transaction.
Stakeholder Impact
- The transaction itself has minimal direct impact on stakeholders.
- It is a personal financial planning move by the executive.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of stock transfer to trust |
| 05/20/2025 | Date of signature on the report |
Keywords
Masco Corp, Kenneth G. Cole, Form 4, Beneficial Ownership, Stock Transfer, Trust, Insider Transaction
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