Builders FirstSource (BLDR) COO receives stock awards, withholds shares for taxes
Rhea-AI Filing Summary
Builders FirstSource Chief Operating Officer Stephen J. Herron reported equity compensation and related tax withholding in company stock. He received two awards totaling 21,975 shares of common stock on March 15, 2026 with a grant price of $0.00 per share, reflecting restricted stock units under the 2014 Incentive Plan. According to footnotes, one award consists of restricted stock units that vest in 33.3% increments on March 15 of 2027, 2028, and 2029, with each unit converting into one share when vested. On the same date, 5,818 shares were withheld at $88.09 per share to satisfy tax obligations from vesting of previously granted performance-based and time-based restricted stock units. After these transactions, Herron directly owns 111,110 shares of Builders FirstSource common stock, indicating these were routine compensation and tax-related entries rather than open-market trades.
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FAQ
What insider transactions did BLDR executive Stephen J. Herron report?
Stephen J. Herron reported routine equity compensation and tax withholding transactions. He received two stock awards totaling 21,975 shares at $0.00 per share and had 5,818 shares withheld at $88.09 per share to cover tax obligations from vesting restricted stock units.
How many Builders FirstSource (BLDR) shares does Stephen J. Herron now hold?
After the reported transactions, Stephen J. Herron directly holds 111,110 shares of Builders FirstSource common stock. This figure reflects the impact of new stock awards and shares withheld for taxes tied to vesting performance-based and time-based restricted stock units.
Were Stephen J. Herron’s BLDR transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They consist of stock granted as compensation at $0.00 per share and 5,818 shares withheld at $88.09 per share to satisfy tax liabilities on vesting restricted stock units.
What are the vesting terms of Stephen J. Herron’s new BLDR restricted stock units?
One award reflects restricted stock units vesting in 33.3% increments on March 15 of 2027, 2028, and 2029. Each vested restricted stock unit entitles Stephen J. Herron to receive one share of Builders FirstSource common stock upon vesting.
Why were 5,818 BLDR shares withheld in Stephen J. Herron’s Form 4 filing?
The 5,818 shares were withheld to pay tax withholding requirements related to the vesting of previously granted performance-based restricted stock units and restricted stock units, as disclosed in the filing’s footnotes, rather than being sold in the open market.