Form 4: Cavco Industries Chief Accounting Officer Reports Stock Transaction
SEC Form 4 Filing
Paul Bigbee, Chief Accounting Officer of Cavco Industries, reported a transaction involving the surrender of shares for tax withholding on the release of Restricted Stock Units.
Summary
- On June 12, 2024, Paul Bigbee, the Chief Accounting Officer of Cavco Industries, reported a transaction.
- The transaction involved the surrender of 17 common stock shares to cover tax withholding related to the release of Restricted Stock Units.
- The price per share for the transaction was $358.99.
- Following the transaction, Bigbee beneficially owns 1,081 shares of Cavco Industries common stock, which includes 635 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, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock transaction.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of stock transaction (surrender of shares for tax withholding). |
| 06/13/2024 | Date of signature for the report. |
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