Form 4: Cavco Industries Executive Stock Tax Withholding
Statement of Changes in Beneficial Ownership
Regan Fackrell, President of Standard Casualty, disposed of 10 shares of Cavco Industries common stock to cover tax obligations.
Summary
- Regan Fackrell, President of Standard Casualty at Cavco Industries, Inc. (CVCO), executed a transaction on May 20, 2026.
- The transaction involved the disposal of 10 shares of common stock at a price of $495.11 per share.
- The disposal was conducted via a 'F' transaction code, representing the surrender of shares to satisfy tax withholding requirements related to the vesting of Restricted Stock Units (RSUs).
- Following this transaction, the reporting person maintains a direct beneficial ownership of 238 shares of Cavco Industries common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative transaction related to executive compensation tax obligations.
Positives
- The transaction is routine and administrative in nature, specifically related to tax withholding for equity compensation rather than a discretionary sale of shares.
Negatives
- The transaction results in a minor reduction of the executive's direct equity stake in the company.
Risks
- None identified; this is a standard regulatory disclosure for executive compensation tax compliance.
Future Outlook
No forward-looking guidance or strategic outlook provided in this document.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory requirement for corporate insiders and does not reflect a change in management's sentiment toward the company's future performance.
Comparison to Industry Standards
- The practice of withholding shares to satisfy tax obligations upon the vesting of equity awards is a standard industry practice for publicly traded companies in the United States.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity adjustment.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the transaction involving the surrender of shares. |
| 05/22/2026 | Date of the filing of the Form 4. |
Keywords
Cavco Industries, CVCO, Form 4, Insider Trading, Tax Withholding, Executive Compensation
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