Fortune Brands Home & Security
Complete the tax-free spin-off of the Cabinets business
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 28 Apr 2022
- Due
- 28 Apr 2023
- Delivered
- 14 Dec 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“A potential separation is subject to further Board approval and other customary conditions and is expected to take approximately 12 months to complete.”
What we found
Evidence strength A What the grades mean
The company completed the tax-free spin-off of its Cabinets business, MasterBrand, Inc., on December 14, 2022, which was within the expected 12-month timeframe.
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A Fortune Brands Home & Security 10-Q filed 2023-08-01
“On December 14, 2022, the Company completed the separation of its Cabinets business, MasterBrand, Inc. (“MasterBrand”), via a tax-free spin-off transaction (the “Separation”) to create an independent, publicly-traded company.” ✓ confirmed on the page
Market reaction: the shares moved +0.2% against the S&P 500 over the three sessions around the disclosure (31 Jul 2023 to 3 Aug 2023). What this measures
Checked 21 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Separation
- Indicative materiality
- Transformational rules
- Action
- Complete
- Deliverable
- Spin-off of Cabinets business
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- Medium
- Conditional
- Yes: subject to further Board approval; customary conditions
- Depends on
- Regulatory, Shareholder
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2022-FBIN-018998 · Corrections policy