Form 4: Beacon Roofing Supply CEO Julian Francis Reports Stock Transactions
SEC Form 4 Filing
CEO Julian Francis reports the vesting and settlement of restricted stock units and associated tax withholding.
Summary
- On March 10, 2025, Julian Francis, the President & CEO of Beacon Roofing Supply Inc., reported transactions involving the company's common stock.
- These transactions included the vesting and settlement of 13,899 restricted stock units (RSUs) and 26,131 RSUs, each representing a contingent right to receive one share of BECN common stock.
- The CEO also disposed of 6,269 and 10,741 shares to cover tax obligations at a price of $118.52.
- Following these transactions, Francis directly owns 113,552 shares of Beacon Roofing Supply Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transactions: vesting of RSUs, disposal of shares for tax obligations. |
| 03/12/2025 | Date of signature on the Form 4 filing. |
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