Form 4: Cavco Industries Executive Jack S. Brandom Reports Stock Transaction
SEC Form 4 Filing
Jack S. Brandom, President of Financial Services at Cavco Industries, reports the surrender of 21 common stock shares for tax withholding upon vesting of Restricted Stock Units on October 31, 2024.
Summary
- On October 31, 2024, Jack S. Brandom, President of Financial Services at Cavco Industries Inc., reported a transaction involving the company's common stock.
- The transaction involved the surrender of 21 shares of common stock at a price of $409.795 per share.
- This surrender was for the payment of tax withholding upon the vesting of Restricted Stock Units.
- Following the transaction, Mr. Brandom still beneficially owns 748 shares of Cavco Industries Inc. common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive stock transactions and has a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and does not suggest any broader industry trends.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of the stock transaction (surrender of shares for tax withholding). |
| 11/01/2024 | Date of signature for the report. |
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