Builders FirstSource (BLDR) Director Receives 225 Shares as Compensation

Rhea-AI Filing Summary

Builders FirstSource director Cory Jacobs Boydston acquired 225 shares of Builders FirstSource, Inc. (BLDR) common stock on 09/01/2025 at a reported price of $138.68 per share. The filing states these shares were issued in lieu of cash compensation under the company’s 2014 Incentive Plan and the Amended and Restated Director Compensation Policy.

After the transaction the reporting person beneficially owned 23,177 shares. The Form 4 was signed by an authorized attorney on 09/03/2025. No derivative transactions, dispositions, or additional material terms are reported in this filing.

Positive

• Acquisition of 225 shares increases insider ownership to 23,177 shares.
• Shares issued in lieu of cash compensation aligns director incentives with shareholder outcomes.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received equity in lieu of cash, modestly increasing insider ownership and aligning interests with shareholders.

This Form 4 records a routine director compensation settlement where 225 shares were issued instead of cash. Such equity grants are common governance practice to align director incentives with shareholder outcomes. The size of the grant is small relative to the total shares outstanding for most public companies and does not indicate a material change in control or significant insider accumulation. The filing contains no evidence of sales, options, or other derivative activity.

Securities Analyst

TL;DR: Non-material insider acquisition via compensation; unlikely to move valuation but confirms standard compensation practice.

The transaction—an acquisition of 225 shares at $138.68—is explicitly described as compensation under the firm's director compensation policy. The post-transaction beneficial ownership of 23,177 shares provides context on the insider’s stake size. From a securities perspective, this is a routine disclosure with limited market impact because it reflects compensation issuance rather than a purchase motivated by private information.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Boydston Cory Jacobs

(Last) (First) (Middle)

C/O BUILDERS FIRSTSOURCE, INC.

6031 CONNECTION DR., STE. 400

(Street)

IRVING TX 75039

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Builders FirstSource, Inc. [ BLDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	09/01/2025		A(1)		225	A	$138.68	23,177	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects acquisition of shares in lieu of cash compensation for services as a director under the Corporation's 2014 Incentive Plan pursuant to the Corporation's Amended and Restated Director Compensation Policy.

	/s/ Minator Azemi, by power of attorney	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did BLDR insider Cory Jacobs Boydston report on Form 4?

He acquired 225 shares of Builders FirstSource common stock on 09/01/2025 at $138.68 per share, recorded as director compensation.

How many BLDR shares does the reporting person own after the transaction?

The filing reports beneficial ownership of 23,177 shares following the transaction.

Why were the 225 BLDR shares issued to the director?

The shares were issued in lieu of cash compensation under the company’s 2014 Incentive Plan and Amended Director Compensation Policy.

Does the Form 4 report any sales or derivative transactions for BLDR?

No. The filing reports only a non-derivative acquisition of common stock and does not list any sales or derivative activity.

When was the Form 4 signed and filed?

The signature by power of attorney is dated 09/03/2025 and the transaction date is 09/01/2025.