Form 4: TopBuild Corp Executive Exercises Stock Options
SEC Form 4
Robert Jeffrey Franklin, Pres, Specialty Distribution at TopBuild Corp, exercised employee stock options on March 7, 2024.
Summary
- Robert Jeffrey Franklin, a Pres, Specialty Distribution at TopBuild Corp, exercised employee stock options on March 7, 2024.
- He exercised options to purchase 2,222 shares at $118.58 and 1,563 shares at $214.58.
- Following the transaction, Franklin still holds 0 shares from these options.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock option exercises, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/17/2020 | Options for 3,292 shares granted (prior to the Reporting Person becoming a Section 16 officer), which vested in three equal annual installments beginning on or about the first anniversary of the grant. |
| 02/16/2021 | Options for 1,563 shares granted (prior to the Reporting Person becoming a Section 16 officer), which vested in three equal annual installments beginning on or about the first anniversary of the grant. |
| 02/22/2023 | Date exercisable for 2,222 shares granted 2/17/2020. |
| 08/14/2023 | Reporting Person exercised 1,070 options. |
| 02/22/2024 | Date exercisable for 1,563 shares granted 2/16/2021. |
| 03/07/2024 | Date of transaction: Franklin exercised stock options. |
| 03/08/2024 | Date of signature on the Form 4 filing. |
| 02/17/2030 | Expiration date for options granted 2/17/2020. |
| 02/16/2031 | Expiration date for options granted 2/16/2021. |
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