Form 4: Cavco Industries Chief Accounting Officer Reports Stock Transactions
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.
Summary
- On May 24 and 25, 2024, Paul Bigbee, the Chief Accounting Officer of Cavco Industries, surrendered shares of common stock to cover tax withholding obligations related to the release of Restricted Stock Units.
- On May 24, 24 shares were surrendered at a price of $347.88.
- On May 25, 29 shares were surrendered at a price of $347.88.
- Following these transactions, Bigbee directly owns 1,098 shares of Cavco Industries common stock, which includes 694 shares underlying Restricted Stock Units that are allocated but not yet vested or delivered.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to tax obligations. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to tax obligations of an executive officer.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Surrender of 24 shares of common stock for tax withholding. |
| 05/25/2024 | Surrender of 29 shares of common stock for tax withholding. |
| 05/28/2024 | Date of signature for the Form 4 filing. |
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