Banyard R David 4

What Happened

• David Banyard, CEO, President and a director of MasterBrand, was granted 206,826 restricted stock units (RSUs) on June 3, 2026. The award was reported on Form 4 as an acquisition at $0.00 per unit (RSUs are granted, not purchased).

Key Details

• Transaction date: June 3, 2026; Form filed: June 5, 2026 (timely within the usual two-business-day window).
• Grant amount: 206,826 RSUs; reported acquisition price: $0.00 (no cash paid).
• Vesting (per footnote): 31,797 RSUs vest in equal one‑third installments over three years beginning June 3, 2027, and 175,029 RSUs vest on June 3, 2029.
• Other holdings noted (per footnote): filing references 783,165 RSUs that have not yet vested and 446,819 shares deferred under the issuer’s deferred compensation plan.
• No indication of a 10b5-1 sale plan, cashless exercise, or tax-withholding sale in the items provided.

Context

• RSUs are a form of equity compensation that convert to shares only when they vest; this grant is an award rather than a market purchase or sale. Such awards reflect compensation decisions and do not, by themselves, indicate immediate buying or selling sentiment.