Form 4: Builders FirstSource Executive McCrobie Reports Stock Transaction
SEC Form 4 Filing
Paul M. McCrobie, President East Division of Builders FirstSource, Inc., reports disposition of 575 shares to cover tax obligations.
Summary
- On August 24, 2024, Paul M. McCrobie, President East Division of Builders FirstSource, Inc., reported a transaction involving the company's common stock.
- The transaction involved the disposition of 575 shares of common stock at a price of $182.21 per share.
- These shares were withheld to cover tax obligations related to the vesting of previously granted restricted stock units.
- Following the transaction, McCrobie directly owns 22,092 shares of Builders FirstSource, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations on vested stock. Such filings are common and provide transparency into executive stock ownership.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/24/2024 | Date of stock transaction (disposition of shares). |
| 08/27/2024 | Date of signature for the Form 4 filing. |
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