Form 4: Cavco Industries Chief Accounting Officer Reports Stock Transaction
SEC Form 4 Filing
Paul Bigbee, Chief Accounting Officer of Cavco Industries, reports the surrender of shares for tax withholding on the release of Restricted Stock Units (RSUs).
Summary
- On May 15, 2024, Paul Bigbee, the Chief Accounting Officer of Cavco Industries, surrendered 28 shares of common stock to cover tax withholding obligations related to the release of Restricted Stock Units (RSUs).
- The transaction was executed at a price of $391.16 per share.
- Following the transaction, Bigbee directly owns 738 shares of Cavco Industries, which includes 656 shares underlying unvested Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding insider transactions to investors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of stock ownership related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction: surrender of shares for tax withholding on RSU release. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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