Form 4: BlueLinx Holdings Director Mitchell B. Lewis Reports Stock Transactions
SEC Form 4 Filing
Director Mitchell B. Lewis reports transactions involving BlueLinx Holdings Inc. common stock, including the vesting and conversion of restricted stock units.
Summary
- Mitchell B. Lewis, a director of BlueLinx Holdings Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 18, 2024, 1,561 restricted stock units vested and were converted into common stock.
- Following the transaction, Lewis directly owns 35,037 shares of BlueLinx Holdings Inc. common stock and 0 restricted stock units.
- Lewis also granted power of attorney to Tricia Kinney, Christin Lumpkin, and Brad Resler to execute and file SEC forms on his behalf.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
- The vesting of restricted stock units is part of the executive compensation plan, impacting employee benefits.
Key Dates
| Date | Description |
|---|---|
| February 29, 2024 | Date of execution for the Power of Attorney. |
| May 17, 2024 | Date of transaction involving restricted stock units. |
| May 18, 2024 | Date of restricted stock units vesting and conversion. |
| May 21, 2024 | Date of signature for the Form 4 filing. |
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