Fortune Brands Innovations: Executive Comp & Governance Update
Ticker: FBIN · Form: DEF 14A · Filed: Mar 31, 2025 · CIK: 1519751
| Field | Detail |
|---|---|
| Company | Fortune Brands Innovations, Inc. (FBIN) |
| Form Type | DEF 14A |
| Filed Date | Mar 31, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, governance, proxy-statement
Related Tickers: FBIN
TL;DR
FBIN proxy statement out - check exec comp changes for Fink, equity awards valued as of Dec 2024.
AI Summary
Fortune Brands Innovations, Inc. filed a DEF 14A on March 31, 2025, detailing executive compensation and corporate governance matters. The filing includes information on changes in the fair value of equity awards for Nicholas I. Fink, with data points from fiscal years ending December 30, 2023, and December 28, 2024. It also references previous fiscal years such as 2020, 2022, and 2023 for comparative compensation data.
Why It Matters
This filing provides transparency into how executive compensation is structured and adjusted, which can influence investor decisions and employee morale.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing providing standard corporate disclosures on executive compensation and governance, with no immediate red flags.
Key Numbers
- 2023-12-30 — Fiscal Year End (Compensation data reference)
- 2024-12-28 — Fiscal Year End (Compensation data reference)
Key Players & Entities
- Fortune Brands Innovations, Inc. (company) — Filer
- Nicholas I. Fink (person) — Executive
- 20250331 (date) — Filing Date
- 2023-12-30 (date) — Fiscal Year End
- 2024-12-28 (date) — Fiscal Year End
FAQ
What specific changes in fair value were reported for Nicholas I. Fink's equity awards as of December 28, 2024?
The filing indicates changes in fair value for equity awards granted in covered years and outstanding/unvested as of December 28, 2024, and December 30, 2023, but specific dollar amounts are not detailed in the provided excerpt.
What was the former name of Fortune Brands Innovations, Inc. and when did the name change occur?
The former name was Fortune Brands Home & Security, Inc., and the date of the name change was August 25, 2011.
What is the primary business classification for Fortune Brands Innovations, Inc. according to the SIC code?
The SIC code is 2430, which corresponds to MILLWOOD, VENEER, PLYWOOD & STRUCTURAL WOOD MEMBERS.
When was the DEF 14A filing submitted to the SEC?
The filing was submitted on March 31, 2025.
Does the filing mention any changes in pension values or aggregate changes in pension values?
Yes, the filing includes sections related to 'AggtChngPnsnValInSummryCompstnTblForAplblYrMember' and 'ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember', indicating these are discussed.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 31, 2025 by Nicholas I. Fink regarding Fortune Brands Innovations, Inc. (FBIN).