Form 4: Cavco Industries Executive Sells Shares for Tax
Insider Transaction Report
Jack S. Brandom, President of Financial Services at Cavco Industries, disposed of 21 shares of common stock to cover tax withholding obligations related to Restricted Stock Units.
Summary
- Jack S. Brandom, President, Financial Services of Cavco Industries, Inc. (CVCO), disposed of 21 shares of common stock on October 31, 2025.
- The shares were disposed of at a price of $529.8 per share.
- This transaction was a surrender of shares for payment of tax withholding on the release of Restricted Stock Units.
- Following this transaction, Mr. Brandom beneficially owns 1,245 shares of common stock.
- The beneficially owned shares include 481 shares underlying Restricted Stock Units that are allocated but not yet vested or delivered.
Sentiment
Score: 5
Explanation: The filing details a routine administrative transaction (share disposition for tax withholding on RSU release) and does not indicate any significant positive or negative sentiment regarding the company's performance or prospects.
Positives
- The transaction stems from the release of Restricted Stock Units, indicating the vesting of executive compensation for Jack S. Brandom.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 10/31/2025 | Date of transaction (disposition of shares) |
| 11/04/2025 | Signature date of the reporting person's attorney-in-fact |
Keywords
CAVCO INDUSTRIES, CVCO, Form 4, Insider Transaction, Stock Sale, RSU, Tax Withholding, Executive Compensation
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