Form 4: BlueLinx Holdings Inc. Director Dominic DiNapoli Reports Transaction in Common Stock
SEC Filing (Form 4)
Director Dominic DiNapoli reports the conversion of restricted stock units into common stock and grants power of attorney for SEC filings.
Summary
- Dominic DiNapoli, 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.
- DiNapoli also acquired 1,340 restricted stock units on May 17, 2024, which vest on the first anniversary of the grant date.
- The filing also includes a Power of Attorney, effective February 29, 2024, granting Tricia Kinney, Christin Lumpkin, and Brad Resler the authority to execute SEC filings on DiNapoli's behalf.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider transactions and a power of attorney grant, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- Shareholders are informed about the director's transactions in the company's stock.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 2017-05-20 | Restricted stock units vested on May 20, 2017, and will be delivered within 30 days of the earlier of May 20, 2026, or termination of service. |
| 2018-01-11 | Restricted stock units vested on January 11, 2018, and will be delivered within 30 days of the earlier of January 11, 2027, or termination of service. |
| 2019-01-11 | Restricted stock units vested on January 11, 2019, and will be delivered within 30 days of the earlier of January 11, 2028, or termination of service. |
| 2020-05-17 | Restricted stock units vested on May 17, 2020, and will be delivered within 30 days of the earlier of May 17, 2029, or termination of service. |
| 2021-05-21 | Restricted stock units vested on May 21, 2021, and will be delivered within 30 days after the earlier of May 21, 2030, or termination of service. |
| 2024-02-29 | Power of Attorney executed. |
| 2024-05-17 | Acquisition of 1,340 restricted stock units. |
| 2024-05-18 | Conversion of 1,561 restricted stock units into common stock. |
| 2024-05-21 | Date of filing. |
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