Form 4: MasterBrand Inc. Executive Mark A. Young Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mark A. Young, VP and Chief Accounting Officer of MasterBrand, Inc., reports a transaction involving the withholding of shares to cover tax obligations, resulting in an updated beneficial ownership of 54,601 shares.
Summary
- On May 1, 2025, Mark A. Young, VP and Chief Accounting Officer of MasterBrand, Inc., reported a transaction on SEC Form 4.
- The transaction involved the withholding of 1,317 shares of common stock at a price of $12.15 per share by the issuer to cover withholding taxes.
- Following the transaction, Young's beneficial ownership of MasterBrand, Inc. common stock is 54,601 shares, which includes 32,525 unvested RSUs.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock. This filing indicates a standard tax withholding procedure related to vested equity.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related procedure.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of the transaction (withholding of shares for taxes). |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, MasterBrand, Inc., Mark A. Young, Securities, Transaction, Shares, RSUs, Withholding Taxes
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