Form 4: Beacon Roofing Supply EVP Exercises Stock Options and Sells Shares
SEC Form 4
Sean M. McDevitt, EVP & CHRO of Beacon Roofing Supply, exercised stock options and sold shares on April 4, 2025.
Summary
- On April 4, 2025, Sean M. McDevitt, the EVP & CHRO of Beacon Roofing Supply Inc., exercised stock options to acquire shares of common stock.
- He exercised options at prices of $58.98, $65, and $84.90.
- Following these transactions, McDevitt sold 5,882 shares at $123.
- After these transactions, McDevitt directly owns 6,853 shares of Beacon Roofing Supply Inc.
- He also holds derivative securities including stock options.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock option exercises and sales, and doesn't inherently indicate positive or negative sentiment.
Industry Context
Executive stock option exercises and sales are a common occurrence in publicly traded companies and are part of executive compensation packages.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/10/2023 | First vesting date of some stock options |
| 03/01/2024 | First vesting date of some stock options |
| 03/06/2025 | First vesting date of some stock options |
| 04/04/2025 | Date of transaction: stock option exercise and sale of shares |
| 04/08/2025 | Date of Form 4 signature |
| 03/10/2032 | Expiration date of some stock options |
| 03/01/2033 | Expiration date of some stock options |
| 03/06/2034 | Expiration date of some stock options |
Keywords
Form 4, stock options, insider trading, BECN, Beacon Roofing Supply, McDevitt, executive compensation
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