Form 4: Cavco Industries EVP, CFO & Treasurer Allison Aden Reports Stock Transaction
SEC Form 4 Filing
Allison Aden, EVP, CFO & Treasurer of Cavco Industries, reports the surrender of 176 common stock shares for tax withholding on restricted stock units on May 25, 2024.
Summary
- On May 25, 2024, Allison Aden, the EVP, CFO & Treasurer of Cavco Industries Inc., reported a transaction involving the company's common stock.
- Aden surrendered 176 shares of common stock to cover tax withholding obligations related to the release of restricted stock units.
- The transaction was executed at a price of $347.88 per share.
- Following the transaction, Aden directly owns 6,511 shares of Cavco Industries Inc., which includes 3,830 shares underlying restricted stock units that are allocated but not yet vested or delivered.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a routine transaction related to tax obligations.
Industry Context
This filing is a routine disclosure of a transaction by a company insider, and such transactions are a normal part of executive compensation and do not necessarily indicate a change in the company's prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 05/25/2024 | Date of stock transaction (surrender of shares for tax withholding) |
| 05/28/2024 | Date of signature for the report |
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