secwatch / observer
8-K filed May 15, 2024, 7:59 PM ET CIK 0000893691
M&A confidence high sentiment neutral materiality 0.80

Masonite acquired by Owens Corning for $133/share; sells Architectural segment for $75M

MASONITE INTERNATIONAL CORP

Machine-readable event card

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0000893691
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MASONITE INTERNATIONAL CORP
filed_at
2024-05-15T23:59:59+00:00
discovered_at
2026-05-14T18:03:22.342856+00:00
generated_at
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https://www.sec.gov/Archives/edgar/data/893691/000119312524139523/d834011d8k.htm
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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Bradley Link

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
the following individuals were appointed to the board of directors of Masonite: Fei Adams, Bradley Link and Andromeda Myers
Departed

Robert J. Byrne

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors
Departed

Jay I. Steinfeld

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors
Departed

Jonathan F. Foster

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors
Departed

Howard C. Heckes

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors
Departed

Jody L. Bilney

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors
Departed

Peter R. Dachowski

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors
Appointed

Fei Adams

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
the following individuals were appointed to the board of directors of Masonite: Fei Adams, Bradley Link and Andromeda Myers
Departed

Francis M. Scricco

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors
Appointed

Andromeda Myers

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
the following individuals were appointed to the board of directors of Masonite: Fei Adams, Bradley Link and Andromeda Myers
Departed

Barry A. Ruffalo

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors
Departed

Howard C. Heckes

President and Chief Executive Officer
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
Mr. Heckes also ceased serving as President and Chief Executive Officer of Masonite.
Departed

Daphne E. Jones

Director
MASONITE INTERNATIONAL CORP
Effective
2024-05-15
Filed
May 15, 2024, 7:59 PM ET
each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

Source-grounded claims

0c77235d46

Bradley Link was appointed as Director at MASONITE INTERNATIONAL CORP.

the following individuals were appointed to the board of directors of Masonite: Fei Adams, Bradley Link and Andromeda Myers

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

0eac0f3b7c

Robert J. Byrne departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

3dbc1540a9

Jay I. Steinfeld departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

3e6b798bb3

Jonathan F. Foster departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

506c0cb5d4

Howard C. Heckes departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

5a021959e2

Jody L. Bilney departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

7f70f11e98

Peter R. Dachowski departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

957c05c06b

Fei Adams was appointed as Director at MASONITE INTERNATIONAL CORP.

the following individuals were appointed to the board of directors of Masonite: Fei Adams, Bradley Link and Andromeda Myers

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

97301e8fc1

Francis M. Scricco departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

a19aeabe24

Andromeda Myers was appointed as Director at MASONITE INTERNATIONAL CORP.

the following individuals were appointed to the board of directors of Masonite: Fei Adams, Bradley Link and Andromeda Myers

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

b74a058168

Barry A. Ruffalo departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

b7866959a5

Howard C. Heckes departed as President and Chief Executive Officer at MASONITE INTERNATIONAL CORP.

Mr. Heckes also ceased serving as President and Chief Executive Officer of Masonite.

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

bed0a90bb7

Daphne E. Jones departed as Director at MASONITE INTERNATIONAL CORP.

each of Robert J. Byrne, Howard C. Heckes, Jonathan F. Foster, Francis M. Scricco, Peter R. Dachowski, Jody L. Bilney, Daphne E. Jones, Jay I. Steinfeld, and Barry A. Ruffalo ceased to be a member of the board of directors

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

8428516817dcc36ef95e1ead79754a47453feac7

MASONITE INTERNATIONAL CORP underwent a change of control involving Owens Corning for $133.00 per share in cash (closed 2024-05-15).

Owens Corning or any Masonite Common Shares as to which dissent rights were properly exercised by the holder thereof in accordance with British Columbia law, were acquired for $133.00 per share in cash, without interest (the “Arrangement”). Pursuant to the Arrangement Agreement, each restricted share unit award in respect of shares of Masonite Common Shares

SEC 8-K Item 2.01/5.01 confidence 0.9 SEC evidence

39573483244f88d2206c2605fa0d505eb2483a8c

MASONITE INTERNATIONAL CORP terminated TL Credit Agreement dated December 13, 2022 with JPMorgan Chase Bank, N.A. as administrative agent and the lenders valued at All outstanding obligations in respect of principal, interest and fees were repaid and commitments w (effective 2024-05-15).

Item 1.02 Termination of a Material Definitive Agreement. In connection with the completion of the transactions contemplated by the Arrangement Agreement, on May 15, 2024, all outstanding obligations in respect of principal, interest and fees under (i) that certain Credit Agreement, dated as of December 13, 2022 (as amended, restated, supplemented or otherwise modified from time to time, the “ TL Credit Agreement ”), among Masonite, as Holdings, Masonite Corporation, as borrower, the several lenders from time to time party thereto, JPMorgan Chase Bank, N.A., as administrative agent and the other parties party thereto, and (ii) that certain Second Amended and Restated Credit Agreement, dated as of January 31, 2019 (as amended, restated, supplemented or otherwise modified from time to time, the “ ABL Credit Agreement ” and, together with the TL Credit Agreement, the “ Credit Agreements ”), among Masonite, as Parent Borrower, Masonite Corporation, as a U.S. Borrower, the several lenders f

SEC 8-K Item 1.01/1.02 confidence 0.95 SEC evidence

4c2bfeb91064c84a8c0570b508163145bed89314

MASONITE INTERNATIONAL CORP terminated ABL Credit Agreement dated January 31, 2019 with Wells Fargo Bank, National Association as administrative agent and the lenders valued at All outstanding obligations in respect of principal, interest and fees were repaid and commitments w (effective 2024-05-15).

Item 1.02 Termination of a Material Definitive Agreement. In connection with the completion of the transactions contemplated by the Arrangement Agreement, on May 15, 2024, all outstanding obligations in respect of principal, interest and fees under (i) that certain Credit Agreement, dated as of December 13, 2022 (as amended, restated, supplemented or otherwise modified from time to time, the “ TL Credit Agreement ”), among Masonite, as Holdings, Masonite Corporation, as borrower, the several lenders from time to time party thereto, JPMorgan Chase Bank, N.A., as administrative agent and the other parties party thereto, and (ii) that certain Second Amended and Restated Credit Agreement, dated as of January 31, 2019 (as amended, restated, supplemented or otherwise modified from time to time, the “ ABL Credit Agreement ” and, together with the TL Credit Agreement, the “ Credit Agreements ”), among Masonite, as Parent Borrower, Masonite Corporation, as a U.S. Borrower, the several lenders f

SEC 8-K Item 1.01/1.02 confidence 0.95 SEC evidence

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same fact type: ma_transaction, material_agreement same SEC item: 1.02, 2.01, 3.01, 3.03, 5.01, 9.01 same event type: m_and_a similar materiality

This filing

Owens Corning or any Masonite Common Shares as to which dissent rights were properly exercised by the holder thereof in accordance with British Columbia law, were acquired for $133.00 per share in cash, without interest (the “Arrangement”). Pursuant to the Arrangement Agreement, each restricted share unit award in respect of shares of Masonite Common Shares

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same fact type: ma_transaction, material_agreement same SEC item: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

Owens Corning or any Masonite Common Shares as to which dissent rights were properly exercised by the holder thereof in accordance with British Columbia law, were acquired for $133.00 per share in cash, without interest (the “Arrangement”). Pursuant to the Arrangement Agreement, each restricted share unit award in respect of shares of Masonite Common Shares

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same fact type: ma_transaction same SEC item: 2.01, 3.01, 3.03, 5.01, 5.02, 9.01 same event type: m_and_a similar materiality

This filing

Owens Corning or any Masonite Common Shares as to which dissent rights were properly exercised by the holder thereof in accordance with British Columbia law, were acquired for $133.00 per share in cash, without interest (the “Arrangement”). Pursuant to the Arrangement Agreement, each restricted share unit award in respect of shares of Masonite Common Shares

Comparable filing

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the following individuals were appointed to the board of directors of Masonite: Fei Adams, Bradley Link and Andromeda Myers

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Owens Corning or any Masonite Common Shares as to which dissent rights were properly exercised by the holder thereof in accordance with British Columbia law, were acquired for $133.00 per share in cash, without interest (the “Arrangement”). Pursuant to the Arrangement Agreement, each restricted share unit award in respect of shares of Masonite Common Shares

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same fact type: executive_change, ma_transaction same SEC item: 2.01, 3.03, 5.01, 5.02, 9.01 same event type: m_and_a similar materiality

This filing

the following individuals were appointed to the board of directors of Masonite: Fei Adams, Bradley Link and Andromeda Myers

Comparable filing

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same fact type: ma_transaction same SEC item: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

Owens Corning or any Masonite Common Shares as to which dissent rights were properly exercised by the holder thereof in accordance with British Columbia law, were acquired for $133.00 per share in cash, without interest (the “Arrangement”). Pursuant to the Arrangement Agreement, each restricted share unit award in respect of shares of Masonite Common Shares

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Owens Corning or any Masonite Common Shares as to which dissent rights were properly exercised by the holder thereof in accordance with British Columbia law, were acquired for $133.00 per share in cash, without interest (the “Arrangement”). Pursuant to the Arrangement Agreement, each restricted share unit award in respect of shares of Masonite Common Shares

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Source: SEC EDGAR
accession 0001193125-24-139523

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.