Novak Matthew Edward 4

What Happened
Matthew Edward Novak, EVP & Chief Supply Chain Officer at Fortune Brands Innovations (FBIN), was granted equity on February 25, 2026. The Form 4 reports two acquisitions: 7,251 shares (acquired at $0.00) and 8,017 derivative shares (acquired at $0.00), for a combined 15,268 units. These entries reflect equity awards (restricted stock units and related awards/options) rather than open‑market purchases or sales.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (appears timely).
• Reported items: 7,251 shares @ $0.00 (Acquired); 8,017 derivative shares @ $0.00 (Acquired). Total newly reported units = 15,268.
• Reported monetary value at grant: $0.00 (typical for RSU grants/options — value realized later if/when shares vest or options are exercised).
• Shares owned following the transaction: not specified in the provided excerpt.
• Footnote highlights:
  • F1: There is a grant of 8,017 RSUs vesting in three equal annual installments and an additional 4,532 RSUs vesting in two equal annual installments; each RSU represents a contingent right to receive one share upon vesting.
  • F2: 9,381 RSUs reported as not yet vested.
  • F3/F4: The filing also references option grants under the Long‑Term Incentive Plan; options vest in three equal annual installments beginning Feb 28, 2027.
• Transaction code: A = Award/Grant; derivative entry indicates RSU or similar contingent award.

Context
Restricted stock units (RSUs) and option grants are common executive compensation. RSUs are rights to receive shares in the future subject to vesting and continued employment; they are not immediate market purchases or sales. Options referenced in the filing vest over time (starting Feb 28, 2027). Awards like these reflect company compensation actions rather than direct insider buying or selling of stock.