R. David Banyard Jr. - 27 Feb 2023 Form 4 Insider Report for MasterBrand, Inc. (MBC)

Role
CEO & President, Director
Signature
Andrean R. Horton, attorney-in-fact for R. David Banyard, Jr.
Issuer symbol
MBC
Transactions as of
27 Feb 2023
Net transactions value
+$1,899,996
Form type
4
Filing time
01 Mar 2023, 09:22:35 UTC
Previous filing
01 Feb 2023
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBC Common Stock, par value $0.01 per share Award $1,899,996 +191,339 +18% $9.93 1,282,716 27 Feb 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of MasterBrand, Inc. The RSUs vest in equal one-third increments over three years beginning on February 27, 2024.
F2 Includes a total of 1,074,024 RSUs that have not yet vested and 51,241 shares, the receipt of which has been deferred under the issuer's deferred compensation plan.