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. Q3 2025: $0M, Q2 2025: $5M, Q1 2025: $2M, Q3 2024: $12M

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

Latest quarter $0M vs trailing avg $6M (-100%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-72M), cannot compute buyback ratio

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

Repurchased 950,998 shares = 0.7% of 127,600,000 outstanding (annualized)

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

9 open-market purchases by 3 insiders

• Crisci Robert () bought 20,000 shares at $14.08 on 2025-02-28
• CHUGG JULIANA L () bought 6,989 shares at $14.17 on 2025-02-24
• Crisci Robert () bought 20,000 shares at $15.39 on 2024-08-09
• GOLDMAN SACHS GROUP INC () bought 24 shares at $8.57 on 2023-01-23
• GOLDMAN SACHS GROUP INC () bought 100 shares at $8.54 on 2023-01-23
• GOLDMAN SACHS GROUP INC () bought 500 shares at $8.58 on 2023-01-23
• GOLDMAN SACHS GROUP INC () bought 300 shares at $8.54 on 2023-01-23
• GOLDMAN SACHS GROUP INC () bought 463 shares at $8.41 on 2023-01-23
• GOLDMAN SACHS GROUP INC () bought 94 shares at $8.54 on 2023-01-23

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 1 of 4 quarters

• Q3 2024: GOLDMAN SACHS GROUP INC bought while company spent $12M

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $1M, sold $0M (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