Builders FirstSource CEO gets stock awards, tax shares withheld
Builders FirstSource President & CEO Peter M. Jackson reported compensation-related stock transactions.
Rhea-AI Filing Summary
Builders FirstSource President & CEO Peter M. Jackson reported compensation-related stock transactions. He received 42,570 restricted stock units under the 2014 Incentive Plan, which vest in 33.3% increments on each of March 15, 2027, 2028, and 2029, with each unit convertible into one common share when vested.
He also acquired 8,392 shares upon vesting of previously granted performance-based restricted stock units. To cover tax withholding on these vestings, 8,508 shares were disposed of at $88.09 per share through share withholding rather than an open-market sale. After these transactions, he directly owns 272,332 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 42,570 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share | 8,392 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 8,508 | $88.09 | $749K |
Footnotes (3)
- F1. 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.
- F2. Reflects the vesting of performance-based restricted stock units granted pursuant to the Corporation's 2014 Incentive Plan.
- F3. Reflects shares withheld to pay tax withholding requirements on vesting of previously granted performance-based restricted stock units and restricted stock units.
FAQ
What stock awards did BLDR CEO Peter M. Jackson receive in this Form 4?
How do Peter M. Jackson’s new BLDR restricted stock units vest?
Are the BLDR CEO’s reported transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.