Form 4: Builders FirstSource Director Acquires Shares in Lieu of Cash Compensation
SEC Form 4
William B. Hayes, a director at Builders FirstSource, acquired 215 shares of common stock in lieu of cash compensation on September 1, 2024.
Summary
- On September 1, 2024, William B. Hayes, a director of Builders FirstSource, Inc., acquired 215 shares of common stock.
- The acquisition was made in lieu of cash compensation for services as a director under the Corporation's 2014 Incentive Plan, pursuant to the Corporation's Amended and Restated Director Compensation Policy.
- The price per share was $174.
- Following the transaction, Hayes directly owns 13,041 shares of common stock and indirectly owns 14,593 shares through a Spousal Lifetime Access Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (director compensation) and indicates confidence from a director in the company's stock.
Positives
- The director's acquisition of shares demonstrates confidence in the company's future.
Industry Context
Director share acquisitions are common and can be seen as a positive signal, indicating confidence in the company's performance and future prospects. This is a routine transaction related to director compensation.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Date of transaction: William B. Hayes acquired 215 shares of common stock. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
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