Marshall Richard Allan 4

What Happened
Richard Allan, Vice President of Masco Operating Systems, reported that 515 shares were surrendered/withheld on 2026-02-25 to satisfy tax withholding related to an equity award or option exercise. The shares were valued at $71.86 each, totaling approximately $37,008. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely filing).
• Shares withheld/disposed: 515 shares at $71.86 per share; total ~ $37,008.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Listed as "Disposed" in the filing; this indicates shares were surrendered to the issuer for tax withholding, not sold on the open market.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
When insiders exercise options or receive restricted stock, companies commonly withhold shares to cover required tax withholding rather than selling shares in the market. These withholdings are administrative and generally do not signal a change in the insider’s view of the company.