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Masco 8-K Report, Executive Changes (Apr 21, 2026)

Reports
Leadership Changes
Filing Date
Filed April 21, 2026
Period End
April 16, 2026
Security
MAS
In the record · 2016–202610-K1110-Q338-K95

MAS filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 95 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Mar ’19Mar ’19
  2. Leadership change8-K · Sep ’21Sep ’21
  3. Leadership change8-K · Jul ’25Jul ’25

01—Abstract

Summary

Summary of the 8-K filed April 21, 2026. Cited figures are marked; the original filing is the authoritative source.

Masco Corporation disclosed in this Form 8-K, dated April 21, 2026, that Jai Shah, its Group President, Plumbing and Wellness, will conclude his service with the Company on July 3, 2026.

The filing describes an agreement with Mr. Shah dated April 16, 2026 that sets out his separation compensation. Under that agreement, Mr. Shah will receive a cash payment of $1,206,000a. He will also receive a 2026 cash bonus based on his individual target opportunity and the Company's 2026 annual performance, prorated through his last day of employment.

In addition, he will receive the cash equivalent of an annual restricted stock unit award, prorated through his last day of employment, and a share award under the 2024-2026 Long-Term Incentive Program if the performance goals are met, prorated for his time employed during the performance period. The agreement also provides a cash payment equal to the value of his remaining unvested RSUs under the retention incentive agreement entered into March 5, 2025, based on the Company's closing price on March 6, 2027. The Company and Mr. Shah have also agreed that he has forfeited those same remaining unvested RSUs under that retention agreement.

02—Key points

Key Highlights

  1. Jai Shah, Group President, Plumbing and Wellness, will conclude service with Masco on July 3, 2026.
  2. Separation agreement dated April 16, 2026 provides a cash payment of $1,206,000.
  3. A 2026 cash bonus is payable, based on his individual target opportunity and the Company's 2026 annual performance, prorated through his last day of employment.
  4. The cash equivalent of an annual RSU award is payable, prorated through his last day of employment.
  5. A 2024-2026 LTIP share award is available if performance goals are met, prorated for time employed during the performance period.
  6. A cash payment equal to the value of remaining unvested RSUs under the March 5, 2025 retention incentive agreement is payable, based on the closing price on March 6, 2027.
  7. Mr. Shah has forfeited the remaining unvested RSUs under the retention incentive agreement.

03—Questions

Frequently Asked Questions

  1. When will Jai Shah's employment with Masco end?

    Mr. Shah will conclude service with the Company on July 3, 2026, as announced on April 21, 2026.

  2. What fixed cash payment will Mr. Shah receive under the agreement?

    The agreement provides a cash payment of $1,206,000.

  3. How will his 2026 bonus and equity awards be treated?

    His 2026 cash bonus and the cash equivalent of his annual RSU award are based on his individual target opportunity and are prorated through his last day of employment. His 2024-2026 LTIP share award is payable only if the performance goals are met, and it is prorated for the time he was employed during the performance period.

  4. What happens to his unvested retention RSUs?

    The Company and Mr. Shah agreed that he has forfeited his remaining unvested RSUs under the March 5, 2025 retention incentive agreement. He will instead receive a cash payment equal to the value of those RSUs based on the Company's closing price on March 6, 2027.

04—Continue

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