TopBuild (NYSE: BLD) director receives 343-share stock award vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TopBuild Corp director Alec C. Covington received a stock award of 343 shares of Common Stock on April 27, 2026. The award is classified as a grant or other acquisition rather than an open-market purchase, at a reported reference price of $445.78 per share.
Following this grant, Covington directly holds 15,068 shares of TopBuild common stock. All of the granted shares are scheduled to vest on April 26, 2027, meaning they become fully owned on that date if vesting conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Covington Alec C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 343 | $445.78 | $153K |
Holdings After Transaction:
Common Stock — 15,068 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 343 shares
Reference price per share: $445.78 per share
Total shares held after transaction: 15,068 shares
+1 more
4 metrics
Shares granted
343 shares
Stock award to director on April 27, 2026
Reference price per share
$445.78 per share
Reported transaction price for the 343-share grant
Total shares held after transaction
15,068 shares
Director’s direct TopBuild holdings following the award
Vesting date
April 26, 2027
All 343 granted shares vest on this date
Key Terms
Grant, award, or other acquisition, Common Stock, vest
3 terms
Grant, award, or other acquisition financial
"The transaction code description is “Grant, award, or other acquisition”."
Common Stock financial
"The security title for the reported transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"All shares vest on April 26, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did TopBuild (BLD) director Alec C. Covington report?
Alec C. Covington reported receiving a grant of 343 shares of TopBuild Common Stock. The transaction is coded as a grant or award acquisition, not an open-market purchase, reflecting equity-based compensation rather than a discretionary stock purchase.
At what price was Alec C. Covington’s TopBuild (BLD) stock award recorded?
The 343-share award was reported at $445.78 per share. This figure is a reference transaction price for Form 4 reporting purposes and does not necessarily represent cash paid by the director, since the shares were granted as compensation.
Is Alec C. Covington’s TopBuild (BLD) transaction a purchase or a compensation grant?
The transaction is a compensation grant classified as a “Grant, award, or other acquisition.” It reflects equity-based compensation rather than an open-market stock purchase, which would typically be coded as a different transaction type on Form 4.