PAYNE LISA A 4
Research Summary
AI-generated summary
Masco Director Lisa Payne Receives 2,650-Share Award
What Happened
- Lisa A. Payne, a director of Masco Corp. (MAS), was granted/received 2,650 shares on May 8, 2026. The Form 4 reports the transaction code "A" (award/grant) and lists an acquisition price of $0.00 (no cash paid reported).
Key Details
- Transaction date: 2026-05-08; Form 4 filed: 2026-05-12 (filed within the two-business-day reporting window).
- Shares acquired: 2,650; reported acquisition price: $0.00.
- Shares owned after the transaction: not specified in the filing.
- Remarks reference an exhibit: "ex24lpaynepoa20250725.txt" (power-of-attorney document noted).
- Transaction type code: A = Award/Grant.
Context
- An "A" code award typically reflects a grant of stock or stock units under a company compensation plan (e.g., restricted stock or RSUs); a $0.00 acquisition price on the Form 4 means no cash was paid at grant, not a market-valuation statement.
- Awards are different from open-market purchases or sales and do not, by themselves, indicate the insider bought shares on the open market; they reflect compensation or company-issued grants. This filing appears timely and routine based on the filing and transaction dates.