MASCO CORP /DE/·4

Feb 17, 4:10 PM ET

Shah Jai 4

Research Summary

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Updated

Masco (MAS) Group President Jai Shah Receives Award; Shares Withheld

What Happened

  • Jai Shah, Group President of Masco Corporation (MAS), received equity awards that vested on Feb 12, 2026 and was subject to tax withholding. The filing shows two awards that resulted in 11,110 and 4,830 shares being issued (total 15,940 shares). To cover tax obligations, 3,248 shares were surrendered/withheld at $77.54 per share (cash value ~$251,850). Separately, Shah was granted a derivative award (option) covering 15,150 shares under the company’s 2024 Long Term Stock Incentive Plan.

Key Details

  • Transaction date: Feb 12, 2026 (reported on Form 4 filed Feb 17, 2026 — filing was late)
  • Awards issued (A): 11,110 shares and 4,830 shares (vesting of 2023 performance stock units, certified Feb 6, 2026; footnote F1)
  • Tax withholding (F): 3,248 shares disposed at $77.54 each to satisfy tax liabilities (total ~$251,850)
  • Derivative grant (A, derivative): 15,150‑share option grant under 2024 LTIP; exercisable in three roughly equal annual installments beginning Feb 12, 2027 (footnotes F2, F3)
  • Shares owned after the transactions: not specified in the filing
  • Filing timeliness: Form 4 filed five calendar days after the transactions (late filing flagged)

Context

  • This appears to be routine compensation activity: vested performance stock units were settled in shares and some of those shares were withheld to cover taxes (a common practice). The separate 15,150-share award is an option grant (a future right to buy shares) with staged exercisability beginning in 2027. These items are awards/grants rather than open‑market purchases or sales and do not in themselves indicate a buy/sell decision by the insider.