HENDRIX DANIEL T 4
4 · MasterBrand, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
MasterBrand (MBC) Director Daniel Hendrix Receives RSU Award
What Happened
Daniel T. Hendrix, a director of MasterBrand, Inc. (MBC), was granted 18,824 restricted stock units (RSUs) on June 3, 2026. The reported acquisition price is $0.00 (award/grant), so the Form 4 shows a total reported value of $0 for the transaction. Each RSU represents a contingent right to receive one share of MasterBrand common stock once the RSUs vest on June 3, 2027.
Key Details
- Transaction date: 2026-06-03; reported on Form 4 filed 2026-06-05 (appears timely).
- Transaction type/code: Award/Grant (A).
- Amount: 18,824 RSUs acquired at $0.00; total reported $0.
- Vesting: RSUs vest on June 3, 2027; per footnote F2 all 18,824 RSUs are unvested.
- Shares owned after the transaction: not specified in this Form 4.
- Footnotes: F1 explains each RSU converts to one share upon vesting; F2 notes the RSUs have not vested.
Context
RSU grants are a form of equity compensation, not an open‑market purchase or sale. They confer a future right to shares if the recipient remains employed and the RSUs vest; they can be forfeited before vesting. Because this is an award rather than a buy or sell, it should be viewed as compensation-related, not a direct market signal.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1][F2]2026-06-03+18,824→ 99,009 total
Footnotes (2)
- [F1]Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of MasterBrand, Inc. The RSUs vest on June 3, 2027.
- [F2]Includes a total of 18,824 RSUs that have not vested.