GARDEN EDWARD P 4
4 · Fortune Brands Innovations, Inc. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Fortune Brands (FBIN) Director Edward P. Garden Receives 4,765-Share Award
What Happened
Edward P. Garden, a Director of Fortune Brands Innovations, Inc. (FBIN), was granted 4,765 shares on 2026-05-05 as an award/other acquisition. The reported price per share is $0.00, so the immediate cash value reported at issuance is $0. The grant is reported under the company's Long‑Term Incentive Plan (LTIP) and is an award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (filed within the usual two-business-day window).
- Transaction type/code: A — Grant/award/other acquisition.
- Shares granted: 4,765; reported acquisition price: $0.00; reported aggregate $ value at issuance: $0.
- Shares owned following the transaction: Not specified in this Form 4.
- Footnotes:
- F1: Grant made under the issuer's Long‑Term Incentive Plan.
- F2: Notes indirect holdings — Mr. Garden may be deemed to indirectly beneficially own securities held by GI SPV II L.P. and Green 73 LLC; he disclaims beneficial ownership except to the extent of pecuniary interest.
- Filing timeliness: Timely (not marked late).
Context
Grants under an LTIP are typically part of long‑term compensation and often subject to vesting or performance conditions; this Form 4 does not detail vesting or restrictions. Because this was an award (not a market purchase or sale), it does not directly signal buying or selling activity in the open market. The indirect‑ownership footnote simply discloses related entity holdings and includes the usual disclaimer of beneficial ownership.
Insider Transaction Report
- Award
Common Stock, Par Value $0.01
[F1]2026-05-05+4,765→ 4,765 total(indirect: Held by Garden Investment Management, L.P.)
- 3,527,608(indirect: By LLC)
Common Stock, Par Value $0.01
[F2]
Footnotes (2)
- [F1]Reflects a grant of stock under the issuer's Long-Term Incentive Plan.
- [F2]Reflects securities held directly by GI SPV II L.P. ("GI SPV II") and Green 73 LLC. GI SPV II is the manager of Green 73 LLC. Mr. Garden is the sole member of Garden Investment Management GP, LLC, which serves as the general partner of Garden Investment Management, L.P., which serves as the management company for GI SPV II. Accordingly, Mr. Garden may be deemed to indirectly beneficially own (as that term is defined in Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) the securities of the Issuer beneficially owned by GI SPV II. Mr. Garden disclaims beneficial ownership of such securities except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission that Mr. Garden is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.