Grewal Navneet 4
4 · MasterBrand, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
MasterBrand EVP Navneet Grewal Receives Award, Shares Withheld
What Happened
- Navneet Grewal, EVP and Chief Digital & Tech Officer of MasterBrand (MBC), received 47,080 performance-share awards that vested on Feb 11, 2026 (grant/acquisition: A). Simultaneously, 20,413 shares were withheld/disposed to cover taxes at $13.82 per share, a withholding value of $282,108 (transaction code F). Net new shares delivered to Grewal = 26,667.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely filing).
- Award price: $0.00 (performance share award issued upon vesting).
- Withheld shares: 20,413 @ $13.82 = $282,108 (tax withholding, exempt under Rule 16b-3(e)).
- Award performance: These performance shares were earned at 170% of target based on a three-year performance period (footnote F1).
- Holdings note: Filing indicates inclusion of 50,964 restricted stock units that have not yet vested (footnote F3).
- Transaction codes: A = award/acquisition; F = tax withholding/settlement of award.
Context
- This was the settlement of long-term performance awards (not an open-market purchase or discretionary sale). A portion of shares was withheld to satisfy tax obligations—a routine post-vesting action that does not necessarily signal insider market sentiment.
Insider Transaction Report
Form 4
Grewal Navneet
EVP, Chief Digital & Tech Off.
Transactions
- Award
Common Stock, par value $0.01 per share
[F1]2026-02-11+47,080→ 187,470 total - Tax Payment
Common Stock, par value $0.01 per share
[F2][F3]2026-02-11$13.82/sh−20,413$282,108→ 167,057 total
Footnotes (3)
- [F1]Represents the settlement of performance share awards granted pursuant to Rule 16b-3 under the issuer's equity incentive plan. The awards were earned based on performance over a three-year period at 170% of target and issued upon vesting.
- [F2]Reflects the withholding by the issuer of shares having a fair market value equal to the withholding taxes payable by the undersigned at the time the award vested and became payable, such transaction being exempt under Rule 16b-3(e).
- [F3]Includes 50,964 restricted stock units that have not yet vested.
Signature
/s/ Andrean R. Horton, attorney-in-fact for Nanveet Grewal|2026-02-13