Builders FirstSource (NYSE: BLDR) director takes 508-share stock grant in lieu of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hayes William B reported acquisition or exercise transactions in this Form 4 filing.
Builders FirstSource, Inc. director William B. Hayes received a stock grant of 508 shares of common stock at $76.26 per share. This equity award was taken in lieu of cash fees for his board service under the company’s 2026 Incentive Plan and Amended and Restated Director Compensation Policy.
Following the grant, Hayes directly owns 19,638 shares of Builders FirstSource common stock. A separate indirect holding entry shows 14,593 shares held through a Spousal Lifetime Access Trust, reflecting shares associated with estate and family planning.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hayes William B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 508 | $76.26 | $39K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 19,638 shares (Direct, null);
Common Stock, par value $0.01 per share — 14,593 shares (Indirect, By Spousal Lifetime Access Trust)
Footnotes (1)
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Key Figures
Director stock grant: 508 shares
Grant price: $76.26 per share
Direct holdings after grant: 19,638 shares
+1 more
4 metrics
Director stock grant
508 shares
Common stock grant to William B. Hayes
Grant price
$76.26 per share
Value used for 508-share equity award
Direct holdings after grant
19,638 shares
Common stock directly owned by Hayes after transaction
Indirect trust holdings
14,593 shares
Shares held via Spousal Lifetime Access Trust
Key Terms
Spousal Lifetime Access Trust, 2026 Incentive Plan, Amended and Restated Director Compensation Policy, Grant, award, or other acquisition
4 terms
Spousal Lifetime Access Trust financial
"A separate indirect holding entry shows 14,593 shares held through a Spousal Lifetime Access Trust"
2026 Incentive Plan financial
"under the company’s 2026 Incentive Plan and Amended and Restated Director Compensation Policy"
A 2026 incentive plan is a company’s formal program, often named for a year, that authorizes awards like stock options, restricted shares, and cash bonuses to employees and executives to motivate performance and retain talent. For investors it matters because the plan creates potential new shares or payouts that can dilute existing ownership and align management’s choices with company goals—think of it as a reward budget that affects both pay incentives and share value.
Amended and Restated Director Compensation Policy financial
"under the company’s 2026 Incentive Plan and Amended and Restated Director Compensation Policy"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did BLDR director William B. Hayes report?
William B. Hayes reported receiving 508 shares of Builders FirstSource common stock as a grant. The shares were awarded instead of cash compensation for his director services under the company’s 2026 Incentive Plan and Amended and Restated Director Compensation Policy.
What is the Spousal Lifetime Access Trust mentioned in the BLDR Form 4?
The Form 4 notes an indirect holding of 14,593 shares of Builders FirstSource stock through a Spousal Lifetime Access Trust. This indicates shares associated with estate or family planning, separate from Hayes’s directly held position in the company.