Builders FirstSource (BLDR) director granted 2,558 restricted stock units
Rhea-AI Filing Summary
Builders FirstSource, Inc. director William B. Hayes received an equity grant of 2,558 restricted stock units of common stock at $0.00 per unit as compensation. These restricted stock units vest on May 14, 2027 and convert into one share of common stock for each unit that vests.
After this award, Hayes directly holds 19,130 shares of Builders FirstSource common stock. He also has an indirect interest in 14,593 shares held by a Spousal Lifetime Access Trust, providing additional exposure to the company’s equity outside his direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,558 shares
Net Buy
2 txns
Insider
Hayes William B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 2,558 | $0.00 | $0.00 |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 19,130 shares (Direct);
Common Stock, par value $0.01 per share — 14,593 shares (Indirect, by Spousal Lifetime Access Trust)
Footnotes (1)
- F1. Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan. The restricted stock units vest on May 14, 2027 and entitle the reporting person to one share of common stock for each restricted stock unit that vests.
Key Figures
RSUs granted: 2,558 restricted stock units
Grant price: $0.00 per unit
RSU vesting date: May 14, 2027
+2 more
5 metrics
RSUs granted
2,558 restricted stock units
Equity award to director William B. Hayes
Grant price
$0.00 per unit
Restricted stock unit award under 2014 Incentive Plan
RSU vesting date
May 14, 2027
Vesting for 2,558 restricted stock units
Direct holdings after award
19,130 shares
Common stock directly owned by Hayes after transaction
Indirect holdings via trust
14,593 shares
Common stock held by Spousal Lifetime Access Trust
Key Terms
restricted stock units, 2014 Incentive Plan, Spousal Lifetime Access Trust
3 terms
restricted stock units financial
"Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2014 Incentive Plan financial
"Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan."
Spousal Lifetime Access Trust financial
"nature_of_ownership: by Spousal Lifetime Access Trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did the Builders FirstSource (BLDR) Form 4 report for William B. Hayes?
The Form 4 shows director William B. Hayes received 2,558 restricted stock units of Builders FirstSource common stock as an equity award, increasing his direct holdings to 19,130 shares after the transaction.
When do William B. Hayes’s new Builders FirstSource restricted stock units vest?
The 2,558 restricted stock units granted to William B. Hayes vest on May 14, 2027. On that date, each vested unit will entitle him to receive one share of Builders FirstSource common stock.
Was William B. Hayes’s Builders FirstSource transaction an open-market stock purchase or sale?
The reported transaction is a grant of restricted stock units, not an open-market purchase or sale. The Form 4 shows a code “A” acquisition with a $0.00 price per unit, reflecting compensation rather than trading activity.