Builders FirstSource (NYSE: BLDR) director awarded 2,558 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Builders FirstSource director Christophe A. Cleveland received 2,558 restricted stock units as equity compensation. The grant carries no cash exercise price and increases his direct holdings to 37,707 shares of common stock. The units vest on May 14, 2027, delivering one share for each vested unit.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHRISTOPHE CLEVELAND A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 2,558 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 37,707 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,558 units
Grant price: $0.00 per share
Post-transaction holdings: 37,707 shares
+1 more
4 metrics
RSUs granted
2,558 units
Restricted stock units awarded to director on May 14, 2026
Grant price
$0.00 per share
Transaction price for the RSU award
Post-transaction holdings
37,707 shares
Total common shares held directly after the grant
Vesting date
May 14, 2027
Date when RSUs vest into common shares
Key Terms
restricted stock units, 2014 Incentive Plan, vest
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."
vest financial
"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."
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 BLDR director Christophe Cleveland report?
Director Christophe A. Cleveland reported receiving 2,558 restricted stock units in Builders FirstSource common stock as a compensation grant. These units were awarded at no cash cost to him and represent additional equity-based incentives tied to continued service and future vesting.
Is the BLDR Form 4 transaction a stock purchase or a compensation grant?
The BLDR Form 4 shows a compensation grant, not an open-market stock purchase. Christophe A. Cleveland received 2,558 restricted stock units with a transaction price of $0.00 per share under the company’s 2014 Incentive Plan, reflecting equity-based director compensation.
When do Christophe Cleveland’s BLDR restricted stock units vest?
The restricted stock units granted to Christophe A. Cleveland vest on May 14, 2027. Upon vesting, each of the 2,558 units entitles him to receive one share of Builders FirstSource common stock, assuming any applicable service or plan conditions are satisfied.
What plan governs the BLDR restricted stock units granted to Christophe Cleveland?
The restricted stock units were granted under Builders FirstSource’s 2014 Incentive Plan. This plan provides equity-based awards such as restricted stock units, which vest over time and entitle the recipient to receive common shares when vesting conditions and plan requirements are met.