Form 4: Builders FirstSource EVP & CFO Peter M. Jackson Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Peter M. Jackson, EVP & CFO of Builders FirstSource, Inc., disposed of 2,441 shares of common stock on May 22, 2024, to cover tax withholding requirements related to vesting restricted stock units.
Summary
- On May 22, 2024, Peter M. Jackson, the EVP & CFO of Builders FirstSource, Inc. (BLDR), disposed of 2,441 shares of common stock.
- The transaction was executed to cover tax withholding requirements associated with the vesting of previously granted restricted stock units.
- The shares were disposed of at a price of $165.97 per share.
- Following the transaction, Jackson directly owns 201,856 shares of Builders FirstSource common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock disposal transaction |
| 05/24/2024 | Date of signature on the Form 4 filing |
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