Form 4: Beacon Roofing Supply VP Acquires Restricted Stock Units
SEC Form 4 Filing
Sam Guzman, VP & CAO of Beacon Roofing Supply, reports acquisition of restricted stock units.
Summary
- On March 12, 2024, Sam Guzman, VP & CAO of Beacon Roofing Supply Inc., acquired 1,158 Restricted Stock Units (RSUs).
- Each RSU represents a contingent right to receive one share of BECN common stock.
- The RSUs are scheduled to vest on the third anniversary of the grant date.
- Following the transaction, Mr. Guzman directly owns 1,158 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock options, indicating a neutral sentiment.
Industry Context
This is a routine disclosure of insider transactions, common for executives receiving stock-based compensation.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment as it aligns management's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Sam Guzman acquired 1,158 Restricted Stock Units. |
| 03/14/2024 | Date of signature on the Form 4 filing. |
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