Masco (MAS) Group President uses 4,410 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Masco Corporation Group President Jai Shah reported a routine tax-related share disposition. On this Form 4, 4,410 shares of common stock were withheld at $63.66 per share to cover tax obligations, leaving him with 45,966 shares held directly. This was not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shah Jai
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,410 | $63.66 | $281K |
Holdings After Transaction:
Common Stock — 45,966 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Masco (MAS) report for Jai Shah?
Masco reported that Group President Jai Shah had 4,410 common shares withheld to cover tax obligations. The shares were valued at $63.66 each and the event is classified as a tax-withholding disposition, not an open-market sale transaction.
Was Jai Shah’s Masco (MAS) transaction a stock sale in the market?
No, Jai Shah’s transaction was not an open-market sale. It was a tax-withholding disposition, where shares are delivered to satisfy tax liabilities, a common administrative event tied to equity compensation rather than a discretionary trade in the open market.
What does transaction code F mean in the Masco (MAS) Form 4?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 4,410 Masco shares were delivered for tax withholding, classed as a disposal but distinct from a voluntary buy or sell order in the open market.