MBC MasterBrand, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q1 2026: $11M, Q3 2025: $0M, Q2 2025: $5M, Q1 2025: $2M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $11M vs trailing avg $2M (+426%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-91M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 1,685,982 shares = 1.3% of 127,200,000 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

4 open-market purchases by 4 insiders

• Fracassa Philip D. () bought 5,000 shares at $9.11 on 2026-06-11
• PETRATIS DAVID D () bought 11,587 shares at $8.82 on 2026-06-08
• Simon Andrea Helen (EVP & CFO) bought 5,000 shares at $8.56 on 2026-06-04
• Banyard R David (CEO & President) bought 60,000 shares at $8.43 on 2026-06-01

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 3 quarters and 4 insider purchases by 4 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $1M, sold $0M in the last 90 days (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected