The executive chairman of Masco Corp., which makes home improvement and building products, bought 200,000 shares of common stock, according to a filing with the Securities and Exchange Commission.
In a Form 4 filed with the SEC Tuesday, Richard A. Manoogian reported buying the shares on Friday for $17.40 to $17.50 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Masco is based in Taylor, Mich.