Keith J. Allman - 06 Mar 2024 Form 4 Insider Report for MASCO CORP /DE/ (MAS)

Role
President and CEO, Director
Signature
Yvette M. VanRiper by Power of Attorney
Issuer symbol
MAS
Transactions as of
06 Mar 2024
Net transactions value
-$44,645,310
Form type
4
Filing time
08 Mar 2024, 16:38:12 UTC
Previous filing
27 Feb 2024
Next filing
09 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAS Common Stock Options Exercise $5,261,438 +206,250 +86% $25.51 445,712 06 Mar 2024 Direct F1
transaction MAS Common Stock Options Exercise $9,185,648 +193,260 +43% $47.53 638,972 06 Mar 2024 Direct F1
transaction MAS Common Stock Options Exercise $6,457,252 +181,792 +28% $35.52 820,764 06 Mar 2024 Direct F1
transaction MAS Common Stock Options Exercise $5,847,188 +173,250 +21% $33.75 994,014 06 Mar 2024 Direct F1
transaction MAS Common Stock Options Exercise $9,224,242 +163,870 +16% $56.29 1,157,884 06 Mar 2024 Direct F1
transaction MAS Common Stock Options Exercise $5,622,838 +133,464 +12% $42.13 1,291,348 06 Mar 2024 Direct F1
transaction MAS Common Stock Options Exercise $6,570,737 +111,086 +8.6% $59.15 1,402,434 06 Mar 2024 Direct F1
transaction MAS Common Stock Options Exercise $2,723,534 +48,153 +3.4% $56.56 1,450,587 06 Mar 2024 Direct F1
transaction MAS Common Stock Sale $502,091 -6,574 -0.45% $76.38 1,444,013 06 Mar 2024 Direct F1, F2
transaction MAS Common Stock Sale $3,241,125 -42,809 -3% $75.71 1,401,204 06 Mar 2024 Direct F1, F3
transaction MAS Common Stock Sale $12,098,968 -158,435 -11% $76.37 1,242,769 06 Mar 2024 Direct F1, F4
transaction MAS Common Stock Sale $79,696,002 -1,052,690 -85% $75.71 190,079 06 Mar 2024 Direct F1, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MAS Employee Stock Option Options Exercise -181,792 -100% 0 06 Mar 2024 Common Stock 181,792 $35.52 Direct F1, F6, F7
transaction MAS Employee Stock Option Options Exercise -111,086 -67% 55,544 06 Mar 2024 Common Stock 111,086 $59.15 Direct F1, F7, F8
transaction MAS Employee Stock Option Options Exercise -133,464 -100% 0 06 Mar 2024 Common Stock 133,464 $42.13 Direct F1, F7, F9
transaction MAS Employee Stock Option Options Exercise -163,870 -100% 0 06 Mar 2024 Common Stock 163,870 $56.29 Direct F1, F7, F10
transaction MAS Employee Stock Option Options Exercise -206,250 -100% 0 06 Mar 2024 Common Stock 206,250 $25.51 Direct F1, F7, F11
transaction MAS Employee Stock Option Options Exercise -173,250 -100% 0 06 Mar 2024 Common Stock 173,250 $33.75 Direct F1, F7, F12
transaction MAS Employee Stock Option Options Exercise -193,260 -100% 0 06 Mar 2024 Common Stock 193,260 $47.53 Direct F1, F7, F13
transaction MAS Employee Stock Option Options Exercise -48,153 -33% 96,307 06 Mar 2024 Common Stock 48,153 $56.56 Direct F1, F7, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.26 to $76.87, inclusive. The reporting person undertakes to provide to Masco Corporation, any security holder of Masco Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3), (4) and (5) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.21 to $76.19, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.20 to $77.00, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.20 to $76.19, inclusive.
F6 This option became exercisable in five equal annual installments commencing February 7, 2020.
F7 Grant of option under the Masco Corporation 2014 Long Term Stock Incentive Plan in transactions exempt under Rule 16b-3.
F8 This option is exercisable in three approximately equal annual installments commencing February 8, 2023.
F9 This option became exercisable in five equal annual installments commencing February 9, 2019.
F10 This option became exercisable in three approximately equal annual installments commencing February 9, 2022.
F11 This option became exercisable in five equal annual installments commencing February 10, 2017.
F12 This option became exercisable in five equal annual installments commencing February 10, 2018.
F13 This option became exercisable in three equal annual installments commencing February 11, 2021.
F14 This option is exercisable in three approximately equal annual installments commencing February 13, 2024.