HENDRIX DANIEL T 4

What Happened

• Daniel T. Hendrix, a director of MasterBrand, Inc. (MBC), was credited with 80,185 shares on May 28, 2026. The Form 4 reports the shares as an award/acquisition at $0.00 (total reported value $0.00). This was not an open-market purchase or sale but a conversion/award tied to a merger transaction.

Key Details

• Transaction date: 2026-05-28; Form 4 filed: 2026-06-01 (timely filing).
• Reported transaction type/code: A (award/acquisition); price per share reported: $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: The shares were issued pursuant to the Merger Agreement dated August 5, 2025, under which American Woodmark Corporation (AMWD) merged into a MasterBrand subsidiary. Each AMWD share converted into 5.150 MasterBrand shares; AMWD restricted stock units held by non-employee directors were converted into MasterBrand shares on that basis, with cash paid for fractional shares and reductions for any applicable tax withholding.

Context

• This was a merger-driven conversion of AMWD restricted stock units into MasterBrand common shares, not a purchase or sale that indicates a director choice to trade. The $0.00 per-share amount reflects conversion/award treatment rather than cash consideration.