Masco Corp VP & General Counsel Kenneth G. Cole Exercises Options and Sells $2.78M in Stock
MASCO CORP /DE/
Subscribe to track MAS
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
# Masco Corp /DE/ (MAS) - Form 4 Analysis
**Insider:** Cole Kenneth G. (VP, General Counsel and Sec.)
**Filing Date:** 2026-11-03 | **Transaction Date:** 2026-10-30
### Transaction Summary
- **Action:** Option Exercise & Sale
- **Shares Sold:** 34,470 @ $80.64 (Weighted Average)
- **Gross Proceeds:** $2,779,768
- **Option Exercise Price:** $35.52
- **Net Profit Realized:** ~$1,555,424
- **Direct Shares Retained:** 39,700 (plus 10,000 indirect via trust)
Comprehensive Analysis
Transaction Overview
On October 30, 2026, Kenneth G. Cole, Vice President, General Counsel, and Secretary of Masco Corp ($MAS), executed an option exercise and same-day sale of 34,470 shares of Common Stock.
- Option Exercise: Mr. Cole exercised 34,470 employee stock options at a strike price of $35.52 per share.
- Open Market Sale: All 34,470 shares were sold on the open market at a weighted average price of $80.6431 per share (ranging from $80.54 to $80.71), generating gross proceeds of approximately $2.78 million and a pretax gain of roughly $1.56 million.
Post-Transaction Holdings
Following these transactions, Mr. Cole continues to maintain significant equity in the company:
- Direct Ownership: 39,700 shares of Common Stock.
- Indirect Ownership: 10,000 shares held through the 2025 Trust.
- Derivative Holdings: The option grant expiring February 7, 2029, has been exercised in full, leaving 0 options under that particular grant.
Trading Significance
This transaction represents a standard exercise-and-sell strategy often utilized by corporate executives to monetize long-term compensation without altering baseline direct holdings. Given that the sale follows a direct option exercise rather than the liquidation of long-held core shares, and Mr. Cole retains nearly 50,000 total shares across direct and indirect accounts, the trading significance is categorized as Medium.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
