other material
confidence high
sentiment neutral
materiality 0.50
Fortune Brands imposes blackout period Dec 13–19 for MasterBrand spin-off
Fortune Brands Innovations, Inc.
- Blackout starts at 3:00 PM CT Dec 13, 2022; ends during week of Dec 19, 2022.
- Spin-off of MasterBrand expected Dec 14, 2022; FBHS shareholders receive 1 MasterBrand share per FBHS share.
- During blackout, Plan participants cannot trade FBHS stock fund; directors and executive officers also prohibited from trading FBHS common stock.
- Record date for spin-off was Dec 2, 2022.