Form 4: BlueLinx Holdings Inc. Executive Kimberly Ann DeBrock Reports Stock Transactions

Kimberly Ann DeBrock, VP & Chief Accounting Officer of BlueLinx Holdings Inc., reports the vesting and conversion of restricted stock units and subsequent tax withholding.

Summary

• On October 18, 2024, Kimberly Ann DeBrock, VP & Chief Accounting Officer of BlueLinx Holdings Inc., had 233 restricted stock units vest.
• These restricted stock units were converted into 233 shares of common stock.
• 70 shares were withheld to cover tax obligations at a price of $109.54 per share.
• Following these transactions, DeBrock directly owns 163 shares of common stock and 464 restricted stock units that have vested.
• She also holds 643 unvested restricted stock units that vest in three equal annual installments commencing on June 7, 2025.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The reporting person holds 643 unvested restricted stock units that vest in three equal annual installments commencing on June 7, 2025.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is a standard practice for publicly traded companies.

Stakeholder Impact

• Shareholders are informed about insider transactions, which can influence their perception of management's confidence in the company.
• The transactions have a minor impact on the company's outstanding shares.

Key Dates