Director Petrarca receives 343 TopBuild (NYSE: BLD) shares in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Petrarca Mark A reported acquisition or exercise transactions in this Form 4 filing.
TopBuild Corp director Mark A. Petrarca received a grant of 343 shares of common stock as a compensation award, not an open-market purchase, at a reference price of $445.78 per share on April 27, 2026. All granted shares vest on April 26, 2027. After this grant, he beneficially owns 15,068 shares in total, including 11,980 shares held in a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Petrarca Mark A
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)
- All shares vest on April 26, 2027. Includes 11,980 shares beneficially owned in a trust.
Key Figures
Shares granted: 343 shares
Grant price per share: $445.78 per share
Total shares after grant: 15,068 shares
+2 more
5 metrics
Shares granted
343 shares
Common stock grant to director on April 27, 2026
Grant price per share
$445.78 per share
Reference price for 343-share award
Total shares after grant
15,068 shares
Beneficial ownership following transaction
Shares in trust
11,980 shares
Portion of Petrarca’s beneficial ownership held in a trust
Vesting date
April 26, 2027
All 343 granted shares vest on this date
Key Terms
beneficially owned, trust, vest, Grant, award, or other acquisition
4 terms
beneficially owned financial
"Includes 11,980 shares beneficially owned in a trust."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
trust financial
"Includes 11,980 shares beneficially owned in a trust."
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did TopBuild (BLD) disclose for Mark A. Petrarca?
TopBuild disclosed that director Mark A. Petrarca received a grant of 343 shares of common stock as a compensation award. The grant was recorded at $445.78 per share, rather than being an open-market purchase or sale, and increases his overall share ownership.
Was the TopBuild (BLD) Form 4 transaction a market buy or sell?
The reported Form 4 transaction was not a market buy or sell. It reflects a compensation-related grant or award acquisition of 343 TopBuild common shares, coded as “A,” rather than an open-market purchase or disposition in the public market.
What is the significance of the trust mentioned in the TopBuild (BLD) filing?
The filing notes that 11,980 of Mark A. Petrarca’s 15,068 beneficially owned shares are held in a trust. This indicates a portion of his TopBuild ownership is structured through a trust, but still counted toward his total beneficial ownership.