Jesse G. Singh, Chief Executive Officer at Fortune Brands Innovations, Inc. (FBIN), bought 39,285 shares at $51.46 ($2.0M) on 2026-08-06, disclosed to the SEC on 2026-08-10.
Fortune Brands Innovations CEO Jesse G. Singh purchased 14,444 shares for $743,253, marking the largest insider purchase in the company's history. This significant buy comes as the stock trades near a 52-week low, suggesting the CEO sees value despite recent operational challenges.
FBIN is down 7.98% over the last 5 days and 6.94% over the last 30 days, trading at $48.02, which is 25.94% below its 52-week high of $64.84.
1) Q2 2026 Earnings on August 4, 2026, where the company reported a 63.8% earnings surprise. 2) Q3 2026 Earnings on August 12, 2026, per the Q2 earnings call transcript. 3) The company's Q2 2026 earnings call on August 5, 2026, highlighted ongoing service and supply chain issues in the Water segment.
1) The stock is down 14.33% over the last year, and the Water segment sales fell 6.5% in Q2. 2) The company faces ongoing service-level challenges and softer new-construction demand, as noted in the Q2 earnings call highlights.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $51.46 | 14,444 | $743K | 36.9% |
| 2 | $52.23 | 5,281 | $276K | 13.7% |
| 3 | $50.93 | 19,560 | $996K | 49.4% |
| Total | $51.30 avg | 39,285 | $2.0M | 100% |
| Filing → |
| AZEK | SELL | 2025-05-14 | $1.0M | — | Filing → |
| AZEK | SELL | 2025-04-11 | $2.3M | — | Filing → |
| AZEK | SELL | 2025-03-11 | $1.0M | — | Filing → |