Form 4: Cavco Industries Executive Stock Tax Withholding
Statement of Changes in Beneficial Ownership
EVP and General Counsel Seth G. Schuknecht disposed of 54 shares of Cavco Industries common stock to cover tax obligations.
Summary
- Seth G. Schuknecht, EVP and General Counsel of Cavco Industries, Inc. (CVCO), executed a transaction on May 20, 2026.
- The transaction involved the disposition of 54 shares of common stock at a price of $495.11 per share.
- The shares were surrendered to the company to satisfy tax withholding requirements related to the vesting of Restricted Stock Units (RSUs).
- Following this transaction, the reporting person maintains direct beneficial ownership of 1,928 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax withholding transaction by an executive.
Positives
- The transaction is a routine administrative action related to equity compensation rather than a discretionary sale of shares.
Negatives
- None identified; this is a standard tax-related transaction.
Risks
- None identified; this filing pertains to routine executive compensation tax withholding.
Future Outlook
Not applicable; this is a historical record of a completed transaction.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of executive equity compensation management, which is standard practice for publicly traded companies in the manufactured housing sector.
Comparison to Industry Standards
- The transaction aligns with standard corporate governance practices regarding the settlement of equity-based compensation for executives.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity settlement.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the transaction involving the surrender of shares. |
| 05/22/2026 | Date the Form 4 was signed and filed. |
Keywords
Cavco Industries, CVCO, Form 4, Insider Trading, Tax Withholding, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.