Form 4: Builders FirstSource EVP & CFO, Pete Beckmann, Reports Stock Transactions

Pete Beckmann, EVP & CFO of Builders FirstSource, reported a gift of 1,111 shares and the sale of 2,889 shares of company stock.

Summary

• Pete Beckmann, the EVP & CFO of Builders FirstSource, engaged in stock transactions on November 15, 2024.
• He gifted 1,111 shares of common stock to a charitable fund.
• He also sold 2,889 shares of common stock at a weighted average price of $178.28 per share.
• The sales were executed in multiple trades with prices ranging from $178.13 to $178.42 per share.
• Following these transactions, Mr. Beckmann directly owns 20,053 shares and indirectly owns 38,598 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC.
• The transactions are typical for executives managing their personal portfolios and are not unusual compared to other companies in the building materials industry.
• Similar filings are regularly made by executives at companies like Home Depot (HD) and Lowe's (LOW).

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are unlikely to significantly affect shareholders.
• The gift to a charitable fund is a positive action for the community.

Key Dates

Keywords

Builders FirstSource, stock transaction, insider trading, Form 4, Pete Beckmann, executive, share sale, charitable gift