Form 4: MasterBrand Inc. EVP & CFO Andrea Simon Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Andrea Simon, EVP & CFO of MasterBrand Inc., reports the withholding of shares by the issuer to cover tax obligations upon vesting of an award.
Summary
- On February 28, 2025, Andrea Simon, the EVP & CFO of MasterBrand Inc., had 11,149 shares of common stock withheld by the issuer to cover tax obligations.
- The withholding occurred at a price of $13.86 per share.
- Following the transaction, Simon directly owns 245,144 shares of MasterBrand Inc., which includes 124,832 unvested restricted stock units.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neither particularly positive nor negative. The sentiment is neutral.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares to cover tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: withholding of shares for tax obligations. |
| 03/04/2025 | Date of signature on the report. |
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