Kendrick Bruce Alan 4
Research Summary
AI-generated summary
MasterBrand (MBC) EVP & Chief HR Officer Kendrick Bruce Alan Sells 26,245 Shares
What Happened
- Kendrick Bruce Alan, EVP & Chief HR Officer of MasterBrand (MBC), sold 26,245 shares in an open-market transaction on June 10, 2026, generating approximately $236,817 in proceeds. The filing reports a volume-weighted average price (VWAP) of $9.02 per share for the sales.
Key Details
- Transaction type: Sale (Code S) — open-market transactions reported.
- Transaction date: June 10, 2026; Form 4 filed June 11, 2026 (timely).
- Price: VWAP $9.02; individual trade prices ranged from $9.00 to $9.065 per share (Footnote F1).
- Proceeds: Approximately $236,817.
- Ownership after transaction: Filing does not state total shares owned after the sale; it does disclose 130,947 restricted stock units (RSUs) that have not yet vested (Footnote F2).
- Footnotes: F1 explains multiple trade prices and offers provision of detailed per-price quantities on request; F2 notes inclusion of unvested RSUs in reported holdings.
Context
- This was a sale (often routine for liquidity or tax reasons); the filing provides facts but does not indicate motive. No options were exercised and no gifts were reported. The filing was submitted the next day, so it appears timely.