Form 4: Beacon Roofing Supply Executive Clement Munroe Best III Reports Stock Transactions
SEC Form 4
Clement Munroe Best III, President of the South Division at Beacon Roofing Supply, reports the acquisition and disposition of company stock and derivative securities.
Summary
- On April 3, 2025, Clement Munroe Best III gifted 3,000 shares of Beacon Roofing Supply common stock.
- On April 4, 2025, Best exercised stock options to acquire a total of 45,799 shares at prices ranging from $27.26 to $84.90.
- On the same day, Best sold 29,724 shares at a weighted average price of $123.05.
- Following these transactions, Best directly owns 87,943 shares of Beacon Roofing Supply common stock.
- Best also continues to hold options to purchase 3,109 shares.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions and doesn't necessarily indicate 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 |
|---|---|
| 11/16/2018 | First vesting date of some stock options |
| 11/13/2019 | First vesting date of some stock options |
| 11/12/2020 | First vesting date of some stock options |
| 11/12/2021 | First vesting date of some stock options |
| 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 |
| 04/03/2025 | Gift of 3,000 shares of common stock |
| 04/04/2025 | Exercise of stock options and sale of common stock |
| 04/07/2025 | Date of report |
| 11/16/2027 | Expiration date of some stock options |
| 11/13/2028 | Expiration date of some stock options |
| 11/12/2029 | Expiration date of some stock options |
| 11/12/2030 | Expiration date of some stock options |
| 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, Stock Sale, Insider Trading, BECN, Beacon Roofing Supply, Clement Munroe Best III
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