Masco Corp DEF 14A: Executive Compensation & Equity Awards
Ticker: MAS · Form: DEF 14A · Filed: 2024-04-01T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, equity-awards, corporate-governance, DEF-14A
TL;DR
Masco's 2024 DEF 14A is out, detailing exec pay and equity awards for 2023. Shareholders, take note.
AI Summary
Masco Corp filed its DEF 14A on April 1, 2024, detailing executive compensation and corporate governance matters for the fiscal year ending December 31, 2023. The filing includes information on equity awards granted, vested, and outstanding for both PEO and Non-PEO members, with specific data points for the years 2020 through 2023. Key financial metrics related to these awards are presented, such as year-end fair value and changes in fair value.
Why It Matters
This filing provides transparency into how Masco Corp compensates its top executives and the financial implications of equity awards, which can influence shareholder value and executive decision-making.
Risk Assessment
Risk Level: medium — DEF 14A filings can reveal significant details about executive compensation and corporate governance that may impact stock performance and investor confidence.
Key Numbers
- 2023 — Fiscal Year End (The period for which compensation data is reported.)
- 2020-2023 — Reporting Period for Equity Awards (Covers multiple years of equity award data for PEO and Non-PEO members.)
Key Players & Entities
- Masco Corp (company) — Filer of the DEF 14A
- 20240401 (date) — Filing date
- 2023-12-31 (date) — Fiscal year end
- PEO Member (other) — Executive compensation category
- Non-PEO Neo Member (other) — Executive compensation category
FAQ
What is the total fair value of equity awards granted to PEO members in 2023?
The filing provides data points for 'YearEndFairValueOfEquityAwardsGrantedInYearThatAreUnvestedAndOutstandingMember ecd:PeoMember' for 2023, but the specific dollar amount is not detailed in the provided text snippet.
How did the fair value of outstanding equity awards change for Non-PEO Neo Members in 2023?
The filing references 'ChangeInTheFairValueAsOfYearEndForEquityAwardsGrantedInPriorYearsThatAreUnvestedAndOutstandingMember ecd:NonPeoNeoMember' for 2023, but the specific change in value is not provided in this excerpt.
When did Masco Corp change its former company name?
Masco Corp changed its former company name from Masco Screw Products Co on October 25, 1973.
What is Masco Corp's Standard Industrial Classification?
Masco Corp's Standard Industrial Classification is HEATING EQUIP, EXCEPT ELEC & WARM AIR & PLUMBING FIXTURES [3430].
What is the business address of Masco Corp?
Masco Corp's business address is 17450 College Parkway, Livonia, MI 48152.
From the Filing
0001193125-24-083355.txt : 20240401 0001193125-24-083355.hdr.sgml : 20240401 20240401160642 ACCESSION NUMBER: 0001193125-24-083355 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 59 CONFORMED PERIOD OF REPORT: 20240510 FILED AS OF DATE: 20240401 DATE AS OF CHANGE: 20240401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MASCO CORP /DE/ CENTRAL INDEX KEY: 0000062996 STANDARD INDUSTRIAL CLASSIFICATION: HEATING EQUIP, EXCEPT ELEC & WARM AIR & PLUMBING FIXTURES [3430] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 381794485 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-05794 FILM NUMBER: 24809173 BUSINESS ADDRESS: STREET 1: 17450 COLLEGE PARKWAY CITY: LIVONIA STATE: MI ZIP: 48152 BUSINESS PHONE: 3132747400 MAIL ADDRESS: STREET 1: 17450 COLLEGE PARKWAY CITY: LIVONIA STATE: MI ZIP: 48152 FORMER COMPANY: FORMER CONFORMED NAME: MASCO SCREW PRODUCTS CO DATE OF NAME CHANGE: 19731025 DEF 14A 1 d485118ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000062996 0000062996 2023-01-01 2023-12-31 0000062996 2020-01-01 2020-12-31 0000062996 2022-01-01 2022-12-31 0000062996 2021-01-01 2021-12-31 0000062996 mas:YearEndFairValueOfEquityAwardsGrantedInYearThatAreUnvestedAndOutstandingMember ecd:PeoMember 2020-01-01 2020-12-31 0000062996 mas:YearEndFairValueOfEquityAwardsGrantedInYearThatAreUnvestedAndOutstandingMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000062996 mas:ChangeInTheFairValueAsOfYearEndForEquityAwardsGrantedInPriorYearsThatAreUnvestedAndOutstandingMember ecd:PeoMember 2020-01-01 2020-12-31 0000062996 mas:ChangeInTheFairValueAsOfYearEndForEquityAwardsGrantedInPriorYearsThatAreUnvestedAndOutstandingMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000062996 mas:ChangeInFairValueAsOfTheVestingDateOfEquityAwardsGrantedInPriorYearThatVestedInYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000062996 mas:ChangeInFairValueAsOfTheVestingDateOfEquityAwardsGrantedInPriorYearThatVestedInYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000062996 mas:GrantDateFairValueOfEquityAwardsReportedMember ecd:PeoMember 2020-01-01 2020-12-31 0000062996 mas:GrantDateFairValueOfEquityAwardsReportedMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000062996 mas:ChangeInTheActuarialPresentValuesReportedUnderTheChangeInPensionValueAndNonqualifiedDeferredCompensationEarningsColumnMember ecd:PeoMember 2020-01-01 2020-12-31 0000062996 mas:ChangeInTheActuarialPresentValuesReportedUnderTheChangeInPensionValueAndNonqualifiedDeferredCompensationEarningsColumnMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000062996 mas:DividendsEarnedOnUnvestedEquityAwardsMember ecd:PeoMember 2020-01-01 2020-12-31 0000062996 mas:DividendsEarnedOnUnvestedEquityAwardsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000062996 mas:TotalAdjustmentsMember ecd:PeoMember 2020-01-01 2020-12-31 0000062996 mas:TotalAdjustmentsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000062996 mas:TotalAdjustmentsMember ecd:PeoMember 2021-01-01 2021-12-31 0000062996 mas:TotalAdjustmentsMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000062996 mas:ChangeInTheFairValueAsOfYearEndForEquityAwardsGrantedInPriorYearsThatAreUnvestedAndOutstandingMember ecd:PeoMember 2021-01-01 2021-12-31 0000062996 mas:ChangeInTheFairValueAsOfYearEndForEquityAwardsGrantedInPriorYearsThatAreUnvestedAndOutstandingMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000062996 mas:ChangeInFairValueAsOfTheVestingDateOfEquityAwardsGrantedInPriorYearThatVestedInYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000062996 mas:ChangeInFairValueAsOfTheVestingDateOfEquityAwardsGrantedInPriorYearThatVestedInYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000062996 mas:DividendsEarnedOnUnvestedEquityAwardsMember ecd:PeoMember 2021-01-01 2021-12-31 0000062996 mas:DividendsEarnedOnUnvestedEquityAwardsMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000062996 mas:GrantDateFairValueOfEquityAwardsReportedMember ecd:PeoMember 2021-01-01 2