BECN.Beacon Roofing Supply INC

Form 4: Beacon Roofing Supply VP Exercises Stock Options, Disposes of Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing

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Sam Guzman, VP & CAO of Beacon Roofing Supply, reports exercising stock options and disposing of shares to cover tax obligations on March 10, 2025.

Summary

  • On March 10, 2025, Sam Guzman, VP & CAO of Beacon Roofing Supply Inc., executed transactions involving the company's common stock.
  • Guzman exercised restricted stock units (RSUs), acquiring 424 shares and 558 shares of common stock.
  • Simultaneously, Guzman disposed of 135 shares and 198 shares of common stock to satisfy tax withholding obligations at a price of $118.52 per share.
  • Following these transactions, Guzman directly owns 6,799 shares of Beacon Roofing Supply Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports routine insider trading activity related to stock options and tax obligations.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
03/10/2022Reporting individual was granted restricted stock units which vested and settled on the third anniversary of the grant date.
03/10/2025Date of transactions: exercise of stock options and disposal of shares for tax obligations.
03/12/2025Date of signature for the Form 4 filing.

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