Form 4: MasterBrand Inc. Executive Andrean Horton Reports Share Transaction
SEC Form 4 Filing
EVP, CLO & Secretary of MasterBrand, Inc., Andrean Horton, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 28, 2025, Andrean Horton, EVP, CLO & Secretary of MasterBrand, Inc., disposed of 7,954 shares of common stock to cover withholding taxes.
- The transaction was executed at a price of $13.86 per share.
- Following the transaction, Horton directly owns 111,002 shares of MasterBrand, Inc., which includes 70,597 unvested Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations on vested RSUs.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the share transaction (disposal of shares for tax withholding). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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