Banyard R David sold MBC

January 31, 2024 · Form 4 insider transaction

Banyard R David sold 90,146 shares of MasterBrand, Inc. at $14.59 per share, a transaction worth $1.32M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
90,146
Price
$14.59
Total value
$1.32M
RoleOfficer, Director
SecurityCommon Stock, par value $0.01 per share
Transaction codeF: Shares withheld for taxes
Transaction dateJanuary 31, 2024
Filing dateFebruary 2, 2024
Shares owned after1,183,456
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

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).; Includes a total of 810,043 restricted stock units that have not yet vested and 100,567 shares, the receipt of which has been deferred under the issuer's deferred compensation plan.

View the original Form 4 on SEC EDGAR