Form 4: Cavco Industries CEO Reports Stock Tax Withholding
Statement of Changes in Beneficial Ownership
Cavco Industries President and CEO William C. Boor disposed of 554 shares to cover tax obligations related to vested restricted stock units.
Summary
- William C. Boor, President and CEO of Cavco Industries, Inc. (CVCO), executed a transaction on May 15, 2026.
- The transaction involved the disposition of 554 shares of common stock at a price of $455.76 per share.
- The disposition was a mandatory surrender of shares to satisfy tax withholding requirements upon the vesting of restricted stock units.
- Following this transaction, the reporting person maintains direct beneficial ownership of 52,681 shares, which includes 7,000 unvested restricted stock units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and does not reflect a change in the executive's outlook on the company.
Positives
- The transaction is a routine administrative action related to tax obligations rather than a discretionary sale of equity.
- The CEO maintains a significant equity stake of 52,681 shares in the company.
Negatives
- None identified; this is a standard tax-related transaction.
Risks
- None identified; this is a standard tax-related transaction.
Future Outlook
Not applicable as this is a retrospective disclosure of a completed transaction.
Industry Context
StockSavvy.ai notes that routine tax-related share withholding by executives is a standard corporate governance practice and does not typically signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction aligns with standard executive compensation practices for publicly traded companies in the manufacturing and housing sectors.
Stakeholder Impact
- No material impact on shareholders, employees, or creditors as this is a routine tax-related transaction.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Date of the earliest transaction involving the disposition of shares. |
| 05/19/2026 | Date of filing for the Form 4 statement. |
Keywords
Cavco Industries, CVCO, Insider Trading, Form 4, Executive Compensation, Tax Withholding
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