Form 4: Michael Hiller Reports Stock Gift to Charity
Statement of Changes in Beneficial Ownership
Michael Hiller, COO-Designate of Builders FirstSource, Inc., reported a gift of 900 shares of common stock to a charitable organization on June 4, 2026.
Summary
- Michael Hiller, the COO-Designate of Builders FirstSource, Inc., filed a Form 4 statement detailing a transaction on June 4, 2026.
- The transaction involved the gift of 900 shares of common stock to a charitable organization.
- Following this transaction, Mr. Hiller beneficially owns 52,142 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine charitable gift by an executive and does not contain significant financial or strategic information.
Positives
- The company's COO-Designate is engaging in charitable giving, which can be viewed positively by stakeholders.
- The transaction was executed as a gift, indicating no financial loss for the reporting person.
Negatives
- A reduction in the number of shares beneficially owned by a key executive, though for a charitable purpose.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard for reporting insider transactions, including gifts, and are crucial for transparency in the building materials sector.
Stakeholder Impact
- Shareholders: The filing provides transparency regarding insider holdings, with a minor reduction in the reporting person's direct beneficial ownership due to a charitable act.
Key Dates
| Date | Description |
|---|---|
| 06/04/2026 | Transaction Date (Gift of common stock) |
| 06/08/2026 | Signature Date |
Keywords
Form 4, Builders FirstSource, BLDR, Michael Hiller, Stock Gift, Charitable Donation, Insider Transaction, Beneficial Ownership
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