MasterBrand, Inc.·4

Jun 5, 4:36 PM ET

Kendrick Bruce Alan 4

Research Summary

AI-generated summary

Updated

MasterBrand (MBC) EVP Kendrick Bruce Alan Receives 70,012 RSUs

What Happened

  • Kendrick Bruce Alan, EVP & Chief HR Officer of MasterBrand, was granted 70,012 restricted stock units (RSUs) on June 3, 2026. The RSUs were granted at $0.00 (no cash exchanged) and represent a contingent right to receive one share of MasterBrand common stock per RSU upon vesting. This is a compensation award (code A), not an open-market purchase or sale.

Key Details

  • Transaction date and price: 2026-06-03; grant of 70,012 RSUs at $0.00 per unit (award).
  • Vesting: Per footnote F1, 11,669 RSUs vest in three equal annual installments beginning June 3, 2027; 58,343 RSUs vest in two equal installments on June 3, 2028 and June 3, 2029.
  • Shares owned after transaction: Not specified in the filing.
  • Additional note: Footnote F2 states the filing “includes 130,947 RSUs that have not yet vested.”
  • Timeliness: Filing dated June 5, 2026 for a June 3, 2026 grant — no late filing is indicated (filed within the typical two-business-day Form 4 window).

Context

  • RSU awards are common executive compensation and do not reflect an immediate market purchase or sale; shares are issued only if/when units vest. This award increases the executive’s potential future equity stake subject to the vesting schedule described above.