Form 4: Cavco Industries Executive Brian Cira Reports Stock Transaction
SEC Form 4 Filing
Brian Cira, President of Manufactured Housing at Cavco Industries, reports the surrender of shares for tax withholding on released Restricted Stock Units (RSUs).
Summary
- On May 15, 2024, Brian Cira, President of Manufactured Housing at Cavco Industries, reported a transaction involving the surrender of 46 shares of Common Stock for payment of tax withholding on the release of Restricted Stock Units (RSUs).
- The transaction was executed at a price of $391.16 per share.
- Following the transaction, Cira directly owns 1,511 shares of Cavco Industries, which includes 1,018 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and is a normal part of corporate governance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for tax obligations related to executive compensation.
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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