Boise Cascade (BCC) CFO logs RSU award and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boise Cascade Co executive Kelly E. Hibbs reported equity award and related tax withholdings. On March 1, 2026, Hibbs acquired 6,345 shares of common stock through a 2026 restricted stock unit award, with shares deliverable in three equal tranches on March 1 of 2027, 2028, and 2029.
On the same date, the filing shows two tax-withholding dispositions: 5,667 performance-based stock unit shares and 2,241 restricted stock unit shares were withheld at $82.74 per share to cover taxes due upon vesting. After these transactions, Hibbs held 60,409 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
HIBBS KELLY E.
Role
SVP, CFO & Treasurer
| 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 | 5,667 | $82.74 | $469K |
| Tax Withholding | Common Stock, par value $0.01 | 2,241 | $82.74 | $185K |
Holdings After Transaction:
Common Stock, par value $0.01 — 68,317 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. PSU Shares withheld for taxes due on awards vesting. RSU Shares withheld for taxes due on awards vesting.
FAQ
What insider transactions did Boise Cascade (BCC) CFO Kelly Hibbs report?
Boise Cascade CFO Kelly Hibbs reported receiving a 6,345-share restricted stock unit award and two tax-withholding dispositions totaling 7,908 shares. These transactions relate to equity compensation vesting and tax payments, not open-market stock purchases or sales.
Were any of Kelly Hibbs’ Boise Cascade (BCC) transactions open-market sales?
The Form 4 does not show open-market sales. Instead, it reports two Code F transactions where 5,667 performance share units and 2,241 restricted stock units were withheld at $82.74 per share to satisfy tax liabilities when the underlying awards vested.
What was the purpose of the tax-withholding transactions reported for Boise Cascade (BCC)?
The two Code F transactions were to cover taxes on vesting awards. The filing notes PSU and RSU shares, totaling 7,908, were withheld at $82.74 per share to pay tax liabilities due when those equity awards vested, rather than Hibbs paying cash.