Form 4: Beacon Roofing Supply EVP & CTO Christopher Nelson Reports Stock Transactions
SEC Form 4 Filing
Christopher Nelson, EVP & CTO of Beacon Roofing Supply, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- Christopher Nelson, the EVP & CTO of Beacon Roofing Supply Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 10, 2025, Nelson acquired 1,378 shares of common stock upon settlement of restricted stock units and 2,590 shares of common stock.
- He also disposed of 415 shares and 780 shares of common stock on March 10, 2025, to cover tax obligations.
- On March 12, 2025, Nelson transferred 2,773 shares to the Nelson Revocable Trust and the Nelson Revocable Trust acquired 2,773 shares.
- Following these transactions, Nelson directly owns 3,236 shares and indirectly owns 19,579 shares through the Nelson Revocable Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages and personal financial planning.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/10/2022 | Date the reporting individual was granted restricted stock units which vested and settled on the third anniversary of the grant date. |
| 06/02/2022 | Date of the Nelson Revocable Trust. |
| 03/10/2025 | Date of multiple transactions including acquisition and disposal of common stock and settlement of restricted stock units. |
| 03/12/2025 | Date of stock transfer to the Nelson Revocable Trust. |
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