Form 4: Beacon Roofing Supply EVP Christine Stroh Reddy Reports Stock Transactions

Sentiment:

SEC Form 4


Christine Stroh Reddy, EVP & General Counsel of Beacon Roofing Supply, reports the acquisition and disposal of common stock and restricted stock units on March 10, 2025.

Summary

  • On March 10, 2025, Christine Stroh Reddy, EVP & General Counsel of Beacon Roofing Supply Inc., reported transactions involving the company's common stock and restricted stock units.
  • Reddy acquired 1,378 shares of common stock upon settlement of restricted stock units.
  • She also acquired 2,590 shares of common stock upon settlement of restricted stock units on satisfaction of performance criteria.
  • Additionally, Reddy disposed of 415 shares and 780 shares of common stock to cover tax obligations at a price of $118.52 per share.
  • Following these transactions, Reddy directly owns 6,097 shares of Beacon Roofing Supply Inc.
  • The restricted stock units were granted on March 10, 2022, and vested and settled on the third anniversary of the grant date.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It's a standard practice in publicly traded companies and doesn't necessarily indicate a change in the company's outlook.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they represent a small fraction of the total outstanding shares.
  • Employees who hold RSUs may be interested in the vesting and settlement details.

Key Dates

DateDescription
03/10/2022Reporting individual was granted restricted stock units
03/10/2025Date of earliest transaction; Restricted stock units vested and settled; Shares acquired and disposed of
03/12/2025Date of signature

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.