Form 4: Builders FirstSource Executive Paul McCrobie Sells Shares
SEC Form 4 Filing
Paul McCrobie, President East Division of Builders FirstSource, Inc., sold 9,118 shares of common stock at an average price of $170.11 on May 24, 2024.
Summary
- Paul M. McCrobie, President East Division of Builders FirstSource, Inc., reported a transaction involving the company's common stock.
- On May 24, 2024, McCrobie sold 9,118 shares at a weighted average price of $170.11 per share.
- The sale resulted in McCrobie owning 22,667 shares following the transaction.
- The transaction was executed in multiple trades with prices ranging from $170.06 to $170.11 per share.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by an executive. The sentiment is neutral as it simply reports a transaction.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of stock sale transaction |
| 05/28/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.