R. David Banyard - Mar 13, 2024 Form 4 Insider Report for MasterBrand, Inc. (MBC)

Signature
/s/ Andrean R. Horton, attorney-in-fact for R. David Banyard, Jr.
Stock symbol
MBC
Transactions as of
Mar 13, 2024
Transactions value $
$2,199,993
Form type
4
Date filed
3/15/2024, 05:18 PM
Previous filing
Mar 1, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBC Common Stock, par value $0.01 per share Award $2.2M +123K +10.45% $17.91 1.3M Mar 13, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of MasterBrand, Inc. The RSUs vest in equal one-third increments over three years beginning on March 13, 2025.
F2 Includes a total of 835,161 restricted stock units that have not yet vested and 190,729 shares, the receipt of which has been deferred under the issuer's deferred compensation plan.