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 125 common stock shares for tax withholding on the release of Restricted Stock Units on May 15, 2024.
Summary
- On May 15, 2024, Allison Aden, the EVP, CFO & Treasurer of Cavco Industries Inc. (CVCO), surrendered 125 shares of common stock.
- The transaction was for the payment of tax withholding related to the release of Restricted Stock Units.
- The price per share was $391.16.
- Following the transaction, Aden directly owns 3,891 shares of Cavco Industries Inc., which includes 2,683 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation. There is no indication of positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and does not indicate any specific trend in the manufactured housing industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares surrendered for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction: surrender of shares for tax withholding. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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