Boise Cascade (NYSE: BCC) EVP reports RSU grant and tax withholding corrections
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Boise Cascade EVP Troy Little reported equity compensation and related tax withholding in Boise Cascade common stock. He received a grant of 6,345 restricted stock units representing shares deliverable in three equal tranches on March 1 of 2027, 2028 and 2029. To cover tax obligations on performance share units and restricted stock units, 1,347 and 1,081 shares, respectively, were withheld at a price of $82.74 per share. After these compensation-related transactions, he directly holds 16,618 shares of common stock. The amendment corrects the previously reported numbers of PSU and RSU shares withheld for taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Little Troy
Role
EVP, Wood Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 6,345 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 | 1,347 | $82.74 | $111K |
| Tax Withholding | Common Stock, par value $0.01 | 1,081 | $82.74 | $89K |
Holdings After Transaction:
Common Stock, par value $0.01 — 19,046 shares (Direct)
Footnotes (1)
- Represents shares underlying 2026 restricted stock unit award. Shares will be deliverable in three equal tranches on March 1, 2027, 2028 and 2029. This amendment corrects the number of PSU shares withheld for taxes. This amendment corrects the number of RSU shares withheld for taxes.
FAQ
What did Boise Cascade (BCC) EVP Troy Little report in this Form 4/A?
Troy Little reported a grant of 6,345 restricted stock units and related tax-withholding share dispositions. These transactions are compensation-related rather than open-market trades, reflecting equity awards and shares withheld to satisfy tax obligations on those awards.
When will Troy Little’s new restricted stock units in Boise Cascade vest or be delivered?
The 6,345 restricted stock units will be deliverable in three equal tranches on March 1 of 2027, 2028 and 2029. This schedule spreads the delivery of the underlying shares across three future years, aligning with long-term incentive compensation.
What do the tax-withholding transactions mean in Troy Little’s Boise Cascade filing?
Two transactions coded “F” show 1,347 and 1,081 shares withheld at $82.74 per share to pay taxes on performance share units and restricted stock units. These are not market sales, but shares retained by the company to satisfy tax obligations.
Why was this Boise Cascade Form 4/A filed as an amendment?
The amendment corrects previously reported numbers of performance share unit and restricted stock unit shares withheld for taxes. It clarifies the exact share counts used for tax withholding, without changing the underlying nature of the compensation transactions.