Papesh Kristin 4

What Happened

• Kristin Papesh, EVP and Chief Human Resources Officer of Fortune Brands Innovations (FBIN), received equity awards on Feb 25, 2026: 13,596 restricted stock units (RSUs) and 13,362 derivative awards (options/option-like grants). Both awards were reported at $0.00 acquisition price (grants, not purchases), totaling 26,958 units.

Key Details

• Transaction date and filing: Awards granted Feb 25, 2026; Form 4 filed Feb 27, 2026.
• Award amounts and price: 13,596 RSUs @ $0.00; 13,362 derivative awards @ $0.00.
• Vesting / terms:
  • F1: The 13,596 RSUs comprise a grant of 4,532 RSUs vesting in three equal annual installments and 9,064 RSUs vesting in two equal annual installments; each RSU converts to one share upon vesting, subject to continued employment.
  • F3/F4: The 13,362 derivative awards reflect option grants under the Long‑Term Incentive Plan; they vest in three equal annual installments beginning Feb 28, 2027.
• Unvested holdings: F2 notes a total of 19,277 RSUs that have not yet vested (this figure may include prior grants).
• Filing timeliness: Form 4 was filed two days after the grant date (filed Feb 27 for a Feb 25 grant), consistent with typical Form 4 timing requirements.

Context

• These were compensation awards, not open‑market purchases or sales. RSUs provide the right to receive shares after vesting; options give the right to buy shares later if in the money. Grants are routine executive compensation and do not by themselves indicate the insider’s view on short‑term stock price movement.