Form 4: Cavco Industries Director Steven G. Bunger Executes Stock Option and Sells Shares
SEC Form 4 Filing
Director Steven G. Bunger exercised stock options and sold shares of Cavco Industries on September 12, 2024.
Summary
- On September 12, 2024, Steven G. Bunger, a director of Cavco Industries Inc., exercised stock options to acquire 4,000 shares of common stock at a price of $171.60 per share.
- Simultaneously, Bunger sold 4,000 shares of common stock at a weighted average price of $409.20 per share.
- Following these transactions, Bunger directly owns 6,547 shares of Cavco Industries common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, which some investors use to gauge management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 04/28/2021 | Date when the Non-Employee Director Stock Options became fully exercisable. |
| 09/12/2024 | Date of the transaction: exercise of stock options and sale of shares. |
| 09/16/2024 | Date of the signature on the Form 4 filing. |
| 04/28/2025 | Expiration date of the Non-Employee Director Stock Option. |
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