Form 4: Masco GC Cole Gifts 10,000 Shares to Family Trust
Insider Transaction Report
Masco's VP, General Counsel and Secretary, Kenneth G. Cole, transferred 10,000 shares of common stock as a gift to a family trust.
Summary
- Kenneth G. Cole, VP, General Counsel and Secretary of Masco Corp, transferred 10,000 shares of Masco common stock.
- The transaction occurred on December 10, 2025, as a bona fide gift for no consideration.
- Shares were moved from a trust where Cole and his spouse were trustees and sole beneficiaries to a new trust where Cole is the sole trustee and his spouse and children are beneficiaries.
- Following the transaction, Cole directly beneficially owns 30,365 shares and indirectly owns 10,000 shares through the new 2025 Trust.
Sentiment
Score: 5
Explanation: Neutral. This is a routine insider transaction (a gift) for estate planning purposes and does not reflect on the company's operational performance or future prospects.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization for SEC Filings | Kenneth G. Cole granted a Power of Attorney to Richard Westenberg and Yvette M. VanRiper to prepare and file SEC Forms 3, 4, 5, and 144 on his behalf. | 2025-07-25 | Streamlines the process for SEC compliance for the reporting person, ensuring timely and accurate filings. |
Related Party Transactions
- Kenneth G. Cole transferred 10,000 shares of Masco common stock as a gift between two family trusts, where he and his family members are beneficiaries and/or trustees.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a personal estate planning transaction by an executive and does not affect the company's operations or capital structure.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2025-07-25 | Power of Attorney executed by Kenneth G. Cole. |
| 2025-12-10 | Date of common stock transfer as a gift. |
| 2025-12-12 | Date Form 4 was signed by Power of Attorney. |
Keywords
Masco, MAS, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Kenneth G. Cole, Corporate Officer
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