Form 4: Builders FirstSource Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Scott L. Robins, President of the West Division at Builders FirstSource, Inc., sold shares to cover tax withholding requirements on vested restricted stock units.
Summary
- On May 22, 2024, Scott L. Robins, President West Division of Builders FirstSource, Inc., disposed of 1,819 shares of common stock to cover tax obligations.
- The shares were sold at a price of $165.97 per share.
- Following the transaction, Robins directly owns 129,782 shares of Builders FirstSource, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Scott L. Robins disposed of shares. |
| 05/24/2024 | Date of signature on the Form 4 filing. |
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