Nicholas I. Fink - Dec 7, 2023 Form 4 Insider Report for Fortune Brands Innovations, Inc. (FBIN)

Role
Chief Executive Officer, Director
Signature
/s/ Angela M. Pla, Attorney-in-Fact for Nicholas I. Fink
Stock symbol
FBIN
Transactions as of
Dec 7, 2023
Transactions value $
-$110,334
Form type
4
Date filed
12/11/2023, 06:52 PM
Previous filing
Jul 25, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FBIN Common Stock, Par Value $0.01 Tax liability -$110K -1.53K -0.63% $72.35 240K Dec 7, 2023 Direct F1, F2, F3, F4
holding FBIN Common Stock, Par Value $0.01 55.9K Dec 7, 2023 Held by 2023 Grantor Annuity Trust F3
holding FBIN Common Stock, Par Value $0.01 19.4K Dec 7, 2023 Held by 2022 grantor retained annuity trust F4
holding FBIN Common Stock, Par Value $0.01 4.29K Dec 7, 2023 Held by trusts for the benefit of heirs
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the withholding by the issuer of shares having a fair market value equal to the withholding taxes payable by the undersigned at the time the award vested and became payable, such transaction being exempt under Rule 16b-3(e).
F2 Includes a total of 173,228 restricted stock units that have not yet vested.
F3 The number of shares reported reflects the transfer of a total of 55,852 shares to the 2023 Grantor Annuity Trust (149 shares on July 28, 2023 and 55,703 on July 31, 2023), for which Mr. Fink serves as Trustee, such transfer being exempt under Rule 16b-13.
F4 The number of shares reported reflects the distribution of 11,847 shares from the 2022 Grantor Annuity Trust to Mr. Fink on May 2, 2023, such transfer being exempt under Rule 16b-13.