Fortune Brands Innovations, Inc.·4

Feb 27, 5:20 PM ET

Ries Karen 4

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Fortune Brands (FBIN) SVP Karen Ries Receives Equity Awards

What Happened

  • Karen Ries, Senior Vice President and Chief Accounting Officer of Fortune Brands Innovations (FBIN), received equity awards on Feb 25, 2026. The Form 4 reports acquisitions of 1,246 shares (awarded) and 3,675 derivative awards, all with an acquisition price of $0. These awards are stock-based compensation (restricted stock units and option grants), not open-market purchases or sales.

Key Details

  • Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely filing).
  • Reported items: 1,246 shares (award) and 3,675 derivative awards (total 4,921 units) at $0 per share.
  • Footnotes of the filing:
    • F1: Awards include restricted stock units (RSUs) that vest in three equal annual installments, subject to continued employment; each RSU converts to one common share on vesting.
    • F2: Filing notes a total of 3,745 RSUs that have not yet vested.
    • F3–F4: The filing also reflects a grant of options under the Long-Term Incentive Plan; those options vest in three equal annual installments beginning Feb 28, 2027.
  • Shares owned after the transaction: not disclosed in the Form 4.
  • Filing timeliness: no late filing flag indicated.

Context

  • These transactions are awards/compensation, not market purchases or sales; the listed $0 price reflects that shares/units were granted, not bought. The RSUs are contingent and convert to shares only as they vest; the option grant will vest over time starting Feb 28, 2027. Such grants are routine executive compensation and do not by themselves indicate immediate buying or selling of stock.