Form 4: BlueLinx Holdings Director Marietta Edmunds Zakas Reports Stock Transactions

Director Marietta Edmunds Zakas reports the conversion and acquisition of BlueLinx Holdings Inc. stock and restricted stock units.

Summary

• On May 21, 2024, Marietta Edmunds Zakas, a director of BlueLinx Holdings Inc., filed a Form 4 with the SEC.
• The report details the conversion of 1,561 restricted stock units into common stock on May 18, 2024.
• Zakas also acquired 1,340 restricted stock units on May 17, 2024, which vest on the first anniversary of the grant date.
• Following these transactions, Zakas directly owns 2,551 shares of BlueLinx Holdings Inc. common stock and 1,340 restricted stock units.
• A Power of Attorney was executed on February 29, 2024, granting Tricia Kinney, Christin Lumpkin, and Brad Resler the authority to act on Zakas' behalf for Section 16 filings.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Future Outlook

The restricted stock units acquired on May 17, 2024, will vest on the first anniversary of the grant date, with vested shares to be delivered to the reporting person not later than 30 days after the vesting date.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is standard practice for publicly traded companies to ensure transparency and compliance with SEC regulations.

Key Dates