Form 4: Builders FirstSource EVP & General Counsel Reports Stock Transaction
SEC Form 4 Filing
Timothy D. Johnson, EVP & General Counsel of Builders FirstSource, Inc., reports disposition of shares to cover tax obligations.
Summary
- On May 22, 2024, Timothy D. Johnson, the EVP & General Counsel of Builders FirstSource, Inc., disposed of 1,627 shares of common stock to cover tax withholding requirements.
- The transaction was executed at a price of $165.97 per share.
- Following the transaction, Johnson directly owns 67,593 shares of Builders FirstSource, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, common when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock transaction |
| 05/24/2024 | Date of signature |
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