Form 4: Cavco Industries CEO William C. Boor Reports Stock Transaction
SEC Form 4 Filing
William C. Boor, President & CEO of Cavco Industries, reports the surrender of shares for tax withholding on released Restricted Stock Units.
Summary
- On June 28, 2024, William C. Boor, the President & CEO of Cavco Industries, surrendered 168 shares of common stock to cover tax withholding obligations.
- The shares were surrendered at a price of $346.17 per share.
- Following the transaction, Boor directly owns 37,620 shares of Cavco Industries, which includes 8,510 shares underlying Restricted Stock Units that are allocated but not yet vested or delivered.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves a small number of shares surrendered for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/28/2021 | Date of grant for the Restricted Stock Units. |
| 06/28/2024 | Date of the stock transaction (surrender of shares). |
| 07/01/2024 | Date of signature for the Form 4 filing. |
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