4Filed Aug 2, 8:00 PM ET

Fortune Brands (FBIN) SVP Karen Ries Sells 257 Shares

$FBIN · Fortune Brands Innovations, Inc.

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Fortune Brands (FBIN) SVP Karen Ries Sells 257 Shares

What Happened
Karen Ries, Senior Vice President and Chief Accounting Officer of Fortune Brands Innovations (FBIN), had 257 shares disposed on 2026-07-31 as a tax-withholding transaction tied to equity awards. The shares were recorded at $49.26 each for a reported value of $12,660. This was a withholding to cover taxes (not an open-market sale) and is generally considered routine.

Key Details

  • Transaction date and price: 2026-07-31, 257 shares at $49.26 each (total $12,660 reported).
  • Transaction type/code: Tax withholding upon vesting (footnote F / exempt under Rule 16b-3(e)).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing date: Form 4 filed with the SEC on 2026-08-03 (covers the 07-31 transaction).
  • Notable footnotes: F1 indicates the issuer withheld shares equal to the taxes due when the award vested (exempt under Rule 16b-3(e)). F2 notes Ries has 7,906 restricted stock units that have not yet vested.

Context
This was a cashless-like tax-withholding disposition commonly used when equity awards vest; shares are surrendered to cover tax obligations and do not necessarily indicate a change in sentiment. For retail investors, purchases are typically more informative than these routine withholdings.