Form 4: TopBuild Corp Executive Luis Francisco Machado Reports Stock Transactions

Luis Francisco Machado, VP, Gen. Counsel, and Corp Sec. of TopBuild Corp, reports acquisition of common stock through vesting of time-based and performance-based shares.

Summary

• On February 18, 2025, Luis Francisco Machado, VP, Gen. Counsel, Corp Sec. of TopBuild Corp, acquired 934 shares of common stock at $321.33 per share.
• These shares were acquired through the vesting of time-based shares.
• An additional 701 shares were acquired at $321.33 per share through the vesting of performance shares.
• Another 701 shares were acquired at $321.33 per share through the vesting of performance shares.
• Following these transactions, Machado directly owns 12,001 shares of TopBuild Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of shares indicates that Machado has met certain time-based and performance-based requirements set by the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's prospects.

Key Dates

Keywords

TopBuild Corp, Machado, Stock, Form 4, Beneficial Ownership, BLD, Vesting, Performance Shares, Time Based Shares