BLD Form 144 Filed for 370 Shares; Acquired via Restricted Stock Vesting
Rhea-AI Filing Summary
TopBuild Corp. (BLD) filed a Form 144 reporting a proposed sale of 370 shares of common stock through Fidelity Brokerage Services. The filing lists an aggregate market value of $158,317.45 and notes approximately 28,138,831 shares outstanding. The approximate sale date is 08/27/2025 on the NYSE. The shares were acquired on 05/02/2023 by restricted stock vesting from the issuer and the payment type is listed as compensation. No other sales in the past three months were reported.
Positive
- Disclosure compliance: The filer provided required Form 144 details including broker, acquisition date, and nature of acquisition.
- No recent sales in past three months were reported, which may indicate the filing is an isolated, routine liquidity event.
Negative
- None.
Insights
TL;DR: A small insider sale of 370 restricted shares scheduled via Fidelity on 08/27/2025; proceeds ~ $158k against 28.1M shares outstanding.
The filing documents a routine Form 144 notification for the sale of 370 common shares that vested as restricted stock on 05/02/2023 and were paid as compensation. The reported aggregate value of $158,317.45 implies a per-share price consistent with market trading near the filing date. The transaction size is immaterial relative to the 28,138,831 shares outstanding, indicating limited direct dilution or market impact. No other dispositions in the prior three months are shown.
TL;DR: Compliance disclosure of a planned insider sale; documentation indicates no unusual terms—typical post-vesting liquidity.
The filer discloses that the securities were acquired via restricted stock vesting and that payment was for compensation, which aligns with typical executive or employee equity compensation practices. The Form 144 includes broker details (Fidelity Brokerage Services) and an explicit representation that the seller is not aware of undisclosed material adverse information. The filing contains no indications of special arrangements, pledges, or aggregated prior sales that would raise governance concerns.