Form 4: MasterBrand Inc. EVP & CFO, Andrea Simon, Reports Share Transaction

Andrea Simon, EVP & CFO of MasterBrand Inc., disposed of 34,956 shares to cover tax obligations related to vested stock awards.

Summary

• Andrea Simon, the Executive Vice President and Chief Financial Officer of MasterBrand Inc., reported a transaction involving the company's common stock.
• On December 16, 2024, Ms. Simon disposed of 34,956 shares of common stock at a price of $16.23 per share.
• This transaction was a result of the company withholding shares to cover her tax obligations related to the vesting of a stock award.
• Following this transaction, Ms. Simon beneficially owns 261,604 shares of MasterBrand Inc., which includes 165,802 restricted stock units that have not yet vested.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock transaction. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It does not indicate any unusual activity or trend.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in publicly traded companies.
• The transaction is typical for executives receiving stock-based compensation, where shares are often withheld to cover tax obligations upon vesting.
• Similar transactions are regularly reported by executives at comparable companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine transaction related to executive compensation.

Key Dates

Keywords

MasterBrand Inc., insider trading, Form 4, stock transaction, Andrea Simon, executive compensation, share disposal, restricted stock units