Form 4: MasterBrand Director Catherine Courage Receives Significant Equity Grant

MasterBrand, Inc. Director Catherine Courage was granted 13,069 restricted stock units, aligning her interests with the company's long-term performance.

Summary

• Catherine Courage, a Director of MasterBrand, Inc. (MBC), was granted 13,069 shares of Common Stock in the form of restricted stock units (RSUs) on June 5, 2025.
• The transaction was an acquisition (A) of securities at a price of $0, indicating a grant rather than a purchase.
• Each restricted stock unit represents a contingent right to receive one share of MasterBrand, Inc. common stock.
• These restricted stock units are scheduled to vest on June 5, 2026.
• Following this transaction, Catherine Courage beneficially owns a total of 21,533 shares, which includes the 13,069 unvested restricted stock units.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive, routine event that aligns management interests with shareholders, indicating confidence in the company's future and commitment to long-term value creation.

Positives

• The grant of restricted stock units to a director aligns their financial interests directly with the long-term performance and shareholder value of MasterBrand, Inc.
• This type of equity compensation is a standard practice in corporate governance, incentivizing directors to contribute to the company's success.

Future Outlook

The restricted stock units granted to Director Catherine Courage are set to vest on June 5, 2026, indicating a future conversion of these units into common stock, contingent on continued service.

Corporate Governance

Related Party Transactions

• Catherine Courage, a director of MasterBrand, Inc., received a grant of 13,069 restricted stock units from the company, which is considered a related party transaction as it involves an insider and the issuer.

Stakeholder Impact

• Shareholders: The equity grant aligns the director's interests with long-term shareholder value, potentially leading to more favorable strategic decisions.
• Employees: No direct impact on general employees is mentioned in this filing.

Next Steps

• The 13,069 restricted stock units granted to Catherine Courage are scheduled to vest on June 5, 2026, at which point they will convert into shares of MasterBrand, Inc. common stock.

Key Dates

Keywords

MasterBrand Inc., MBC, Catherine Courage, Restricted Stock Units, RSU Grant, Insider Transaction, SEC Form 4, Director Compensation, Equity Compensation, Corporate Governance