Form 4: Champion Homes CEO Sells Shares for Tax Obligations

Champion Homes, Inc. President and CEO Timothy Mark Larson disposed of 2,423 shares of common stock to cover tax withholding obligations at a price of $86.12 per share.

Summary

• Timothy Mark Larson, President & CEO and Director of Champion Homes, Inc. (SKY), reported a disposition of common stock.
• On December 16, 2025, Mr. Larson disposed of 2,423 shares of Champion Homes, Inc. common stock.
• The transaction was executed at a price of $86.12 per share.
• This disposition was coded as 'F', indicating a payment of exercise price or tax liability by delivering or withholding securities.
• Following this transaction, Mr. Larson beneficially owns 83,701 shares of common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-arranged.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax purposes, which is a common occurrence for executives. It does not indicate a change in company fundamentals or management's outlook, thus a neutral sentiment is appropriate.

Positives

• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged and systematic approach to managing equity compensation and tax obligations, which can be viewed as a sign of good corporate governance and transparency.

Negatives

• A disposition of shares by a key executive, even for tax purposes, reduces their direct ownership stake in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• **Shareholders:** Minimal direct impact as this is a routine, non-discretionary sale for tax purposes, often pre-planned. It does not signal a change in management's confidence in the company's future.
• **Management:** The CEO's net beneficial ownership decreased by 2,423 shares, but this is a standard part of equity compensation management.

Key Dates

Recommendation

The filing details a routine disposition of shares by the CEO to satisfy tax withholding obligations, which is a common occurrence for executives receiving equity compensation. This transaction does not reflect a change in the company's fundamentals or the CEO's long-term outlook, thus a 'hold' recommendation is appropriate as there is no new information to warrant a change in investment strategy.

Keywords

Champion Homes, SKY, Timothy Mark Larson, Insider Transaction, Form 4, Stock Sale, CEO, Tax Withholding, 10b5-1 Plan