Form 4: Cavco Industries CEO Reports Routine Share Disposition for Tax Withholding
Insider Transaction Report
Cavco Industries, Inc. President and CEO, William C. Boor, reported the disposition of common stock shares to cover tax obligations related to the release of Restricted Stock Units.
Summary
- William C. Boor, President & CEO and Director of Cavco Industries, Inc. (CVCO), reported two transactions involving the disposition of common stock.
- On May 22, 2025, 580 shares of common stock were disposed of at a price of $499.23 per share.
- On May 25, 2025, an additional 799 shares of common stock were disposed of at a price of $472.79 per share.
- Both dispositions were identified as 'F' transactions, indicating a surrender of shares for payment of tax withholding on the release of Restricted Stock Units.
- Following these transactions, Mr. Boor directly beneficially owns 47,146 shares of common stock.
- Additionally, 380 shares are indirectly beneficially owned by his spouse.
Sentiment
Score: 5
Explanation: The transaction is neutral as it represents a non-discretionary disposition of shares for tax purposes, which is a common and expected event for executives receiving equity compensation.
Future Outlook
The document does not contain any forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure of insider stock transactions, specifically related to tax withholding on equity awards. Such transactions are common across all industries for executives receiving Restricted Stock Units (RSUs) or similar equity compensation, and do not typically reflect a discretionary investment decision or broader industry trends.
Stakeholder Impact
- The disposition of shares for tax withholding purposes is a routine administrative event and is not expected to have a material impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Disposition of 580 shares for tax withholding related to Restricted Stock Units. |
| 05/25/2025 | Disposition of 799 shares for tax withholding related to Restricted Stock Units. |
| 05/27/2025 | Form 4 filing date. |
Keywords
Cavco Industries, CVCO, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, William C. Boor, CEO, Director
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