Form 4: Builders FirstSource Executive Reports Stock Transactions
SEC Form 4 Filing
Matthew Trester, Principal Accounting Officer at Builders FirstSource, reports the acquisition and disposal of company stock related to tax withholding and restricted stock units.
Summary
- On March 15, 2025, Matthew Trester, Principal Accounting Officer of Builders FirstSource, engaged in transactions involving the company's common stock.
- Trester disposed of 169 shares at a price of $126.19 per share to cover tax withholding requirements related to the vesting of restricted stock units.
- Additionally, Trester acquired 991 restricted stock units under the company's 2014 Incentive Plan.
- These restricted stock units vest in three equal installments on March 15 of 2026, 2027, and 2028, each entitling Trester to one share of common stock upon vesting.
Sentiment
Score: 5
Explanation: The document reflects standard insider trading activity related to compensation and tax obligations, indicating a neutral sentiment.
Future Outlook
The reporting person will receive shares of common stock as the restricted stock units vest over the next three years, starting in 2026.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock disposal for tax withholding and acquisition of restricted stock units. |
| 03/15/2026 | First vesting date for 33.33% of the restricted stock units. |
| 03/15/2027 | Second vesting date for 33.33% of the restricted stock units. |
| 03/15/2028 | Final vesting date for 33.33% of the restricted stock units. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
Keywords
Builders FirstSource, BLDR, stock transaction, restricted stock units, Form 4, insider trading, Matthew Trester, Principal Accounting Officer
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