Form 4: Builders FirstSource Director Brett Milgrim Granted Restricted Stock Units

Builders FirstSource, Inc. Director Brett Milgrim was granted 1,707 restricted stock units as part of the company's 2014 Incentive Plan, vesting in May 2026.

Summary

• Brett N. Milgrim, a Director of Builders FirstSource, Inc. (BLDR), acquired 1,707 restricted stock units (RSUs) on May 27, 2025.
• The acquisition was made pursuant to the Corporation's 2014 Incentive Plan.
• These restricted stock units vest on May 27, 2026, with each unit entitling the reporting person to one share of common stock upon vesting.
• Following this transaction, Mr. Milgrim beneficially owns 80,076 shares of common stock.
• The transaction price for the acquired RSUs was $0, as it represents a grant rather than a purchase.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is generally viewed positively as it aligns the director's financial interests with the long-term performance of the company, benefiting shareholders.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• The transaction is part of a pre-existing incentive plan, indicating a structured approach to executive and director compensation.

Future Outlook

The acquired restricted stock units are scheduled to vest on May 27, 2026, at which point they will convert into shares of common stock.

Industry Context

This transaction represents a routine equity compensation grant to a director, a common practice across publicly traded companies to incentivize long-term performance and align leadership interests with shareholder value creation.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director can be seen as a positive for shareholders as it aligns the director's incentives with the company's stock performance, potentially leading to better long-term decision-making.

Next Steps

• The restricted stock units will vest on May 27, 2026, converting into common stock shares.

Key Dates

Keywords

Builders FirstSource, BLDR, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Incentive Plan