Form 4: Beacon Roofing Supply EVP & CTO Christopher Nelson Reports Stock Transactions
SEC Form 4
Christopher Nelson, EVP & CTO of Beacon Roofing Supply, reports exercising stock options and disposing of shares on April 3, 2025.
Summary
- On April 3, 2025, Christopher Nelson, the EVP & CTO of Beacon Roofing Supply Inc., executed multiple transactions involving the company's common stock.
- Nelson exercised stock options to acquire a total of 16,595 shares at prices ranging from $35.78 to $84.90.
- He then disposed of 16,595 shares at a weighted average price of $123.61.
- Nelson also gifted 4,413 shares.
- Following these transactions, Nelson directly owns 463 shares and indirectly owns 15,166 shares through the Nelson Revocable Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a broader trend in the roofing supply industry. However, monitoring insider activity can provide insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 11/18/2017 | Grant date of stock options exercisable from this date. |
| 11/16/2018 | Grant date of stock options exercisable from this date. |
| 11/12/2021 | Grant date of stock options exercisable from this date. |
| 03/10/2023 | Grant date of stock options exercisable from this date. |
| 03/01/2024 | Grant date of stock options exercisable from this date. |
| 03/06/2025 | Grant date of stock options exercisable from this date. |
| 04/03/2025 | Date of stock option exercise and stock disposal. |
| 04/07/2025 | Date of Form 4 filing. |
| 11/18/2026 | Expiration date of stock options granted on 11/18/2017. |
| 11/16/2027 | Expiration date of stock options granted on 11/16/2018. |
| 11/12/2030 | Expiration date of stock options granted on 11/12/2021. |
| 03/10/2032 | Expiration date of stock options granted on 03/10/2023. |
| 03/01/2033 | Expiration date of stock options granted on 03/01/2024. |
| 03/06/2034 | Expiration date of stock options granted on 03/06/2025. |
Keywords
Form 4, insider trading, stock options, BECN, Beacon Roofing Supply, Christopher Nelson, stock disposal, stock acquisition
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