Donoghue Hiranda S 4
Research Summary
AI-generated summary
Fortune Brands (FBIN) EVP Donoghue Receives Award of 7,289 Shares
What Happened
- Donoghue Hiranda S, EVP Chief Legal & Secretary of Fortune Brands Innovations, received 7,289 shares on February 10, 2026 as the vesting/settlement of performance share awards. The shares were reported as acquired at $0.00 (award/vesting), so no cash was paid in this transaction.
Key Details
- Transaction date: 2026-02-10; Filing date: 2026-02-12 (appears timely — filed within two business days).
- Transaction type/code: A (award/grant or other acquisition) — vesting of performance share awards for the Jan 2023–Dec 2025 performance period.
- Shares acquired: 7,289 at $0.00 (total cash consideration $0).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes: F1 — vesting is exempt under Rule 16b-3(d); F2 — Donoghue still holds 7,696 restricted stock units that have not yet vested.
Context
- This was a vesting/settlement of long-term incentive awards (not an open-market purchase or sale). Such awards are routine executive compensation and do not by themselves indicate a buy/sell decision in the market. Rule 16b-3(d) exemptions commonly apply to compensatory awards that vest.