Builders FirstSource (BLDR) division president receives stock awards, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Builders FirstSource, Inc. executive Vaughn Paul, President - Central Division, reported equity compensation activity in common stock. He acquired 7,663 restricted stock units under the 2014 Incentive Plan, which vest in 33.3% increments on each of March 15, 2027-2029.
He also acquired 2,237 shares through the vesting of performance-based restricted stock units. To cover related tax withholding requirements, 2,622 shares were withheld at $88.09 per share. Following these transactions, he directly holds 37,358 shares of Builders FirstSource common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Vaughn Paul
Role
President - Central Division
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 7,663 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 2,237 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 2,622 | $88.09 | $231K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 37,743 shares (Direct)
Footnotes (1)
- Reflects the acquisition of restricted stock units pursuant to the Corporation's 2014 Incentive Plan. The restricted stock units vest in 33.3% increments on each of March 15, 2027-2029 and entitle the reporting person to one share of common stock for each restricted stock unit that vests. Reflects the vesting of performance-based restricted stock units granted pursuant to the Corporation's 2014 Incentive Plan. Reflects shares withheld to pay tax withholding requirements on vesting of previously granted performance-based restricted stock units and restricted stock units.
FAQ
What did Builders FirstSource (BLDR) executive Vaughn Paul report in this Form 4?
Vaughn Paul reported routine equity compensation activity involving Builders FirstSource stock. He received new restricted stock units, saw earlier performance-based awards vest into shares, and had some shares withheld to satisfy tax obligations, resulting in an updated direct ownership position.
How many restricted stock units did Vaughn Paul receive from Builders FirstSource (BLDR)?
He received 7,663 restricted stock units under Builders FirstSource’s 2014 Incentive Plan. These units represent the right to receive one share of common stock per unit as they vest over time, subject to the plan’s terms and vesting schedule.
What are the vesting terms of Vaughn Paul’s new Builders FirstSource restricted stock units?
The 7,663 restricted stock units vest in 33.3% increments on March 15 of 2027, 2028, and 2029. Upon each vesting date, Mr. Paul becomes entitled to receive one share of Builders FirstSource common stock for each vested unit.
Were any of Vaughn Paul’s Builders FirstSource (BLDR) transactions open-market buys or sells?
No, the filing shows no open-market purchases or sales. Reported activities are equity awards and vesting (transaction code A) plus shares withheld to cover taxes (transaction code F), all occurring under Builders FirstSource’s 2014 Incentive Plan framework.